Tennessee Historical Society

Analysis

Tennessee Historical Society is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 1954, 72 years ago. 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 2024, Tennessee Historical Society reported income of $377k and spending of $358k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $585k to $377k (-36%), an average of -10% a year. The sharpest change came in the year to June 2021, when income dropped by 31%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tennessee Historical Society sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include The Bleeding Disorder Foundation of Washington ($377k), Lincoln Community Club ($377k) and Coville Bay Inc ($377k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $96k (27% of expenses). Other salaries and wages came to $69k. At year end it held assets of $1.2m against liabilities of $12k, net assets of $1.2m. It reported 4 employees.