Macon County Historical Society Inc

Analysis

Macon County Historical Society Inc is a registered charity in United States, based in Franklin, NC. It received its IRS tax-exemption ruling in June 2017, 9 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 June 2023, Macon County Historical Society Inc reported income of $59k and spending of $67k, spending 114% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.6m to $59k (-96%), an average of -67% a year. The sharpest change came in the year to June 2021, when income dropped by 86%. Over the whole period it spent 14% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Macon County Historical Society Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within NC. Charities of a similar size with the same main cause include McDonough County Historic Preservation Society ($59k), Hillsborough Community Media ($59k) and Esan National Congress USA ($59k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% of the total. Other salaries and wages came to $36k. At year end it held assets of $2.6m against liabilities of $2,775, net assets of $2.6m. It reported 1 employees.