Lynnville Historical Society

Analysis

Lynnville Historical Society is a registered charity in United States, based in Lynnville, IA. It received its IRS tax-exemption ruling in January 1999, 27 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, Lynnville Historical Society reported income of $119k and spending of $18k, leaving 85% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $179k to $119k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lynnville Historical Society sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within IA. Charities of a similar size with the same main cause include Ten Fifteen Productions ($119k), Hundred Grand Dance Foundation Inc ($119k) and Inventario ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.