Thomas County Historical Society

Analysis

Thomas County Historical Society is a registered charity in United States, based in Thomasville, GA. It received its IRS tax-exemption ruling in February 1959, 67 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, Thomas County Historical Society reported income of $713k and spending of $646k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $315k to $713k (+126%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 91%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thomas County Historical Society sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Lincoln Community Playhouse Inc ($713k), New Generation Theatrical Inc ($713k) and San Luis Obispo Museum of Art ($712k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $76k (12% of expenses). Other salaries and wages came to $122k. At year end it held assets of $2.2m against liabilities of $5,593, net assets of $2.2m. It reported 4 employees.