Boone County Historical Society

Analysis

Boone County Historical Society is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in January 1968, 58 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, Boone County Historical Society reported income of $471k and spending of $525k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $419k to $471k (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boone County Historical Society sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within MO. Charities of a similar size with the same main cause include Jess Curtisgravity Inc ($471k), Buffalo Media Resources Inc ($471k) and Fusion ($471k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 5.3% of the total. Other salaries and wages came to $180k. At year end it held assets of $2.2m against liabilities of $45k, net assets of $2.2m. It reported 7 employees.