Beatrix Farrand Society

Analysis

Beatrix Farrand Society is a registered charity in United States, based in Mount Desert, ME. It received its IRS tax-exemption ruling in September 2003, 23 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, Beatrix Farrand Society reported income of $169k and spending of $156k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $169k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Beatrix Farrand Society sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 43rd percentile within ME. Charities of a similar size with the same main cause include Lake Placid North Elba Historical Society ($169k), Remix -- Culture Inc ($169k) and Clowns Without Borders Inc ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% and program service revenue 0.4% of the total. At year end it held assets of $795k against liabilities of $2,103, net assets of $793k.