Ankeny Area Historical Society

Analysis

Ankeny Area Historical Society is a registered charity in United States, based in Ankeny, IA. It received its IRS tax-exemption ruling in April 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ankeny Area Historical Society reported income of $152k and spending of $69k, leaving 55% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $50k to $152k (+205%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ankeny Area Historical Society sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within IA. Charities of a similar size with the same main cause include Volunteer Odyssey ($152k), Mansfield Community Playhouse Inc ($152k) and Chaska Valley Family Theatre Inc ($152k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $9,289. At year end it held assets of $717k against liabilities of $0, net assets of $717k. It reported 1 employees.