Carbon County Historical Society

Analysis

Carbon County Historical Society is a registered charity in United States, based in Red Lodge, MT. It received its IRS tax-exemption ruling in October 2024, 2 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, Carbon County Historical Society reported income of $75k and spending of $113k, spending 151% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income fell from $99k to $75k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carbon County Historical Society sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MT. Charities of a similar size with the same main cause include West Liberty Heritage Foundation ($75k), Edpro Development Inc ($75k) and Historic Automobile Preservation Entity ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 0.4% of the total. Other salaries and wages came to $41k. At year end it held assets of $627k against liabilities of $44k, net assets of $583k. It reported 3 employees.