History Museum on the Square Inc

Analysis

History Museum on the Square Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in October 1977, 49 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, History Museum on the Square Inc reported income of $870k and spending of $796k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $942k to $870k (-7.7%), an average of -2.0% a year. The sharpest change came in the year to June 2020, when income dropped by 26%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, History Museum on the Square Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within MO. Charities of a similar size with the same main cause include American Association of Community Theatre ($870k), Educational Growth Across Oceans Inc ($870k) and Monmouth County Arts Council Inc ($870k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $88k (11% of expenses). Other salaries and wages came to $125k. At year end it held assets of $6.3m against liabilities of $4.3m, net assets of $2.0m. It reported 9 employees.