Fort Dodge Historical Foundation

Analysis

Fort Dodge Historical Foundation is a registered charity in United States, based in Fort Dodge, IA. It received its IRS tax-exemption ruling in December 1972, 54 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, Fort Dodge Historical Foundation reported income of $200k and spending of $228k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $272k to $200k (-26%), an average of -7.4% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fort Dodge Historical Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within IA. Charities of a similar size with the same main cause include Take Note Colorado ($200k), Heart of America Antique Steam Engine & Model Association ($200k) and Spinning Tree Theatre ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.0% and program service revenue 7.7% of the total. Other salaries and wages came to $92k. At year end it held assets of $878k against liabilities of $4,837, net assets of $873k. It reported 8 employees.