Gretna Historical Society

Analysis

Gretna Historical Society is a registered charity in United States, based in Gretna, LA. It received its IRS tax-exemption ruling in May 2021, 5 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 December 2023, Gretna Historical Society reported income of $180k and spending of $217k, spending 121% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $202k to $180k (-11%), an average of -3.8% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gretna Historical Society sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within LA. Charities of a similar size with the same main cause include Shropshire Music Foundation ($180k), National Railway Historical Society Inc Promontory Chapter ($180k) and Young Audiences of Eastern Pa Inc ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 10% of the total. Other salaries and wages came to $40k. At year end it held assets of $503k against liabilities of $0, net assets of $503k. It reported 20 employees.