Panna Maria Historical Society

Analysis

Panna Maria Historical Society is a registered charity in United States, based in Panna Maria, TX. It received its IRS tax-exemption ruling in August 1990, 36 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 December 2023, Panna Maria Historical Society reported income of $66k and spending of $30k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $66k (+12%), an average of +12% a year. Over the whole period it spent 42% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Panna Maria Historical Society sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Fermata Arts Foundation Inc ($66k), Lander Presents Inc ($66k) and Vintage Band Music Festival ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $476k against liabilities of $1,175, net assets of $475k.