Living History Farms Foundation

Analysis

Living History Farms Foundation is a registered charity in United States, based in Urbandale, IA. It received its IRS tax-exemption ruling in December 1967, 59 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, Living History Farms Foundation reported income of $4.0m and spending of $2.6m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $4.0m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Living History Farms Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IA. Charities of a similar size with the same main cause include The Ogden Museum of Southern Art Inc ($4.0m), New Orleans Opera Association ($4.0m) and Allied Arts of Oklahoma Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $174k (6.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $18.6m against liabilities of $337k, net assets of $18.3m. It reported 67 employees.