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Stevens County Historical Society

RegisteredEIN 41-1357751Morris, MNArts, culture, heritage and science
Income$163k2023-12
Spending$190ksame year
Spent / received102%5-year average
Size in its cause55th pctArts, culture, heritage and science
Exempt since1985Publicly supported organisat
Employees6latest return

Analysis

Stevens County Historical Society is a registered charity in United States, based in Morris, MN. It received its IRS tax-exemption ruling in February 1985, 41 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stevens County Historical Society reported income of $163k and spending of $190k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $158k to $163k (+2.6%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stevens County Historical Society sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include Vermont Music & Arts Assoc Inc ($163k), Ensemble Mise-En Inc ($163k) and Fire & Light Productions Inc ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $34k (18% of expenses). Other salaries and wages came to $49k. At year end it held assets of $1.0m against liabilities of $101k, net assets of $905k. It reported 6 employees.

Income and spending

$0$62k$125k$187k$249k2019 Income: $158,3922019 Spending: $166,52520192020 Income: $165,5022020 Spending: $159,84220202021 Income: $249,2922021 Spending: $190,63620212022 Income: $129,2652022 Spending: $179,97520222023 Income: $162,5602023 Spending: $189,7742023
IncomeSpending

Where the income comes from

  • Contributions & grants 87%
  • Program services 11%
  • Other 1.8%

Similar-sized charities, same cause

CharityLocationIncome
Vermont Music & Arts Assoc IncEasthampton$163k
Ensemble Mise-En IncBrooklyn$163k
Fire & Light Productions IncFort Wayne$163k
Aqua String Band New Years Associations IncPhiladelphia$163k