General Society of Mayflower Descendants

Analysis

General Society of Mayflower Descendants is a registered charity in United States, based in Plymouth, MA. It received its IRS tax-exemption ruling in June 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 2024, General Society of Mayflower Descendants reported income of $5.4m and spending of $5.3m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.0m to $5.4m (+172%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 55%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, General Society of Mayflower Descendants sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Pittsburgh Conference on Analytic Chemistry & Applied Spectroscopy ($5.4m), Lockwood-Mathews Mansion Museum of Norwalk Inc ($5.4m) and Center of Creative Arts ($5.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $122k (2.3% of expenses). Other salaries and wages came to $877k. It paid $65k in professional fundraising fees. At year end it held assets of $10.8m against liabilities of $2.3m, net assets of $8.5m. It reported 31 employees.