South Dakota Historical Society Foundation

Analysis

South Dakota Historical Society Foundation is a registered charity in United States, based in Pierre, SD. It received its IRS tax-exemption ruling in June 2015, 11 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 2022, South Dakota Historical Society Foundation reported income of $570k and spending of $827k, spending 145% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $648k to $570k (-12%), an average of -4.2% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 119% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Dakota Historical Society Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within SD. Charities of a similar size with the same main cause include Third Rail Repertory Theatre ($570k), Hiway Theatre Inc ($570k) and Lizzadro Museum of Lapidary Arts ($570k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $89k (11% of expenses). Other salaries and wages came to $260k. At year end it held assets of $1.9m against liabilities of $41k, net assets of $1.9m. It reported 11 employees.