Ames Historical Society

Analysis

Ames Historical Society is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in September 1981, 45 years ago. 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, Ames Historical Society reported income of $1.1m and spending of $212k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $1.1m (+413%), an average of +50% a year. The sharpest change came in the year to December 2021, when income rose by 160%. Over the whole period it spent 27% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ames Historical Society sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within IA. Charities of a similar size with the same main cause include Hernandez Mariachi Heritage Society ($1.1m), Albemarle Area United Way ($1.1m) and John Nicholas Brown Center for the Study of American Civilization ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $135k. At year end it held assets of $3.5m against liabilities of $165k, net assets of $3.4m. It reported 4 employees.