Highland Historical Society

Analysis

Highland Historical Society is a registered charity in United States, based in MC Dowell, VA. It received its IRS tax-exemption ruling in April 1996, 30 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 2023, Highland Historical Society reported income of $169k and spending of $106k, leaving 37% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $170k to $169k (-0.8%), an average of -0.3% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 52% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Highland Historical Society sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within VA. Charities of a similar size with the same main cause include Fort Mill History Museum Inc ($169k), Over the Mountain Theatre ($169k) and Red Line Service Institute ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $37k (35% of expenses). Other salaries and wages came to $5,265. At year end it held assets of $580k against liabilities of $0, net assets of $580k. It reported 2 employees.