Wadena County Historical Society

Analysis

Wadena County Historical Society is a registered charity in United States, based in Wadena, MN. It received its IRS tax-exemption ruling in August 1990, 36 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, Wadena County Historical Society reported income of $81k and spending of $93k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $81k (-9.1%), an average of -9.1% a year. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wadena County Historical Society sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within MN. Charities of a similar size with the same main cause include Cuarzo Blanco Inc ($81k), Friends of the Garden City Historical Museum ($81k) and FHS Music Foundation ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.9% of the total. At year end it held assets of $465k against liabilities of $13k, net assets of $452k.