Historical Society of Central Florida Inc
Analysis
Historical Society of Central Florida Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in December 1971, 55 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 September 2023, Historical Society of Central Florida Inc reported income of $626k and spending of $556k, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $680k to $626k (-8.0%), an average of -2.1% a year. The sharpest change came in the year to September 2022, when income rose by 19%. 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, Historical Society of Central Florida Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Florida Wildflower Foundation Inc ($625k), Vector Space ($626k) and Motion Media Arts Center ($625k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 27% of the total. Other salaries and wages came to $305k. At year end it held assets of $1.2m against liabilities of $326k, net assets of $923k. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 65%
- Program services 27%
- Other 8.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Florida Wildflower Foundation Inc | Maitland | $625k |
| Vector Space | Lynchburg | $626k |
| Motion Media Arts Center | Austin | $625k |
| Stephen Foster Drama Assn Inc | Bardstown | $626k |