Palm Springs Historical Society

Analysis

Palm Springs Historical Society is a registered charity in United States, based in Palm Springs, CA. It received its IRS tax-exemption ruling in June 2007, 19 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 June 2024, Palm Springs Historical Society reported income of $406k and spending of $212k, leaving 48% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $262k to $406k (+55%), an average of +9.2% a year. The sharpest change came in the year to June 2022, when income rose by 336%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Palm Springs Historical Society sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Altruism Media Inc ($406k), Afterwork Theater Inc ($406k) and Arena Players Inc ($406k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.2% and program service revenue 81% of the total. Other salaries and wages came to $62k. At year end it held assets of $1.2m against liabilities of $308, net assets of $1.2m. It reported 4 employees.