Cook County Historical Society

Analysis

Cook County Historical Society is a registered charity in United States, based in Grand Marais, MN. It received its IRS tax-exemption ruling in March 1964, 62 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 October 2023, Cook County Historical Society reported income of $923k and spending of $283k, leaving 69% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $243k to $923k (+280%), an average of +40% a year. The sharpest change came in the year to October 2023, when income rose by 320%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cook County Historical Society sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include Oikonos-Ecosystem Knowledge ($923k), Cardinal Institute for West Virginia Policy Inc ($923k) and Transport Group Inc ($923k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 89% and program service revenue 6.8% of the total. Other salaries and wages came to $129k. At year end it held assets of $2.0m against liabilities of $5,510, net assets of $2.0m. It reported 4 employees.