Saint Augustine Historical Society

Analysis

Saint Augustine Historical Society is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in November 1941, 85 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 June 2023, Saint Augustine Historical Society reported income of $537k and spending of $831k, spending 155% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $530k to $537k (+1.4%), an average of +0.3% a year. The sharpest change came in the year to June 2021, when income rose by 264%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saint Augustine Historical Society sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Borrego Art Institute ($537k), Church Hill Irish Festival by the Spbba ($537k) and Imagination Stage of Washington DC Inc ($537k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $84k (10% of expenses). Other salaries and wages came to $371k. At year end it held assets of $5.2m against liabilities of $28k, net assets of $5.2m. It reported 31 employees.