Mount Saint Michael Historical Preservation Society

Analysis

Mount Saint Michael Historical Preservation Society is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in December 2003, 23 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Mount Saint Michael Historical Preservation Society reported income of $743k and spending of $518k, leaving 30% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $490k to $743k (+52%), an average of +8.7% a year. The sharpest change came in the year to June 2022, when income rose by 38%. 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, Mount Saint Michael Historical Preservation Society sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Culturefix ($743k), Foundation Music School Inc ($743k) and Barns of Rose Hill ($743k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $121k (23% of expenses). Other salaries and wages came to $73k. At year end it held assets of $1.1m against liabilities of $136k, net assets of $964k.