Southern Appalachian Historical Association

Analysis

Southern Appalachian Historical Association is a registered charity in United States, based in Boone, NC. It received its IRS tax-exemption ruling in January 1961, 65 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, Southern Appalachian Historical Association reported income of $210k and spending of $217k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $288k to $210k (-27%), an average of -7.7% a year. The sharpest change came in the year to December 2021, when income rose by 438%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southern Appalachian Historical Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NC. Charities of a similar size with the same main cause include Pierre Part Belle River Museum ($210k), San Francisco Independent Film Festival ($210k) and Vacaville Museum Foundation ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Other salaries and wages came to $133k. At year end it held assets of $61k against liabilities of $4,313, net assets of $57k. It reported 53 employees.