Broken Arrow Historical Society

Analysis

Broken Arrow Historical Society is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in July 2014, 12 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, Broken Arrow Historical Society reported income of $116k and spending of $116k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $196k to $116k (-41%), an average of -16% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Broken Arrow Historical Society sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OK. Charities of a similar size with the same main cause include Scottish Rite-Masonic Foundation Inc ($116k), Vietnam Army Grunt Museum ($116k) and Burnett County Historical Society Inc ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 8.2% of the total. Other salaries and wages came to $33k. At year end it held assets of $146k against liabilities of $2,706, net assets of $143k.