Jerome Historical Society Inc

Analysis

Jerome Historical Society Inc is a registered charity in United States, based in Jerome, AZ. It received its IRS tax-exemption ruling in September 1955, 71 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, Jerome Historical Society Inc reported income of $478k and spending of $420k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $447k to $478k (+7.0%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 26%. 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, Jerome Historical Society Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within AZ. Charities of a similar size with the same main cause include African Enviromental Film Foundation ($478k), Daytona Beach Symphony Society Inc ($478k) and Sakura Matsuri Inc ($478k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.7% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $86k (20% of expenses). Other salaries and wages came to $161k. At year end it held assets of $1.1m against liabilities of $90k, net assets of $963k. It reported 8 employees.