Nebraska State Historical Society Foundation

Analysis

Nebraska State Historical Society Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in May 1944, 82 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 2023, Nebraska State Historical Society Foundation reported income of $3.5m and spending of $3.5m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $993k to $3.5m (+255%), an average of +53% a year. The sharpest change came in the year to June 2022, when income rose by 85%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nebraska State Historical Society 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 90th percentile, and in the 89th percentile within NE. Charities of a similar size with the same main cause include Burlington City Arts Foundation Inc ($3.5m), Wisconsin Conservatory of Music Inc ($3.5m) and Tucson Museum of Art ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $105k (3.0% of expenses). Other salaries and wages came to $79k. At year end it held assets of $19.6m against liabilities of $1.4m, net assets of $18.1m. It reported 4 employees.