Northeast Georgia History Center at Brenau University Inc

Analysis

Northeast Georgia History Center at Brenau University Inc is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in August 1981, 45 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, Northeast Georgia History Center at Brenau University Inc reported income of $252k and spending of $465k, spending 185% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $527k to $252k (-52%), an average of -17% a year. The sharpest change came in the year to December 2021, when income dropped by 65%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northeast Georgia History Center at Brenau University Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within GA. Charities of a similar size with the same main cause include Hawkeye Indian Cultural Center Inc ($252k), Bristol Bay Historical Society Inc ($252k) and Community Center for the Arts ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $38k (8.1% of expenses). Other salaries and wages came to $213k. At year end it held assets of $1.7m against liabilities of $14k, net assets of $1.7m. It reported 7 employees.