Northeastern Nevada Historical Society

Analysis

Northeastern Nevada Historical Society is a registered charity in United States, based in Elko, NV. It received its IRS tax-exemption ruling in June 1963, 63 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, Northeastern Nevada Historical Society reported income of $855k and spending of $742k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $855k (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northeastern Nevada Historical Society sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within NV. Charities of a similar size with the same main cause include Music Works Northwest ($854k), Actors Shakespeare Project Inc ($855k) and Lead Guitar ($854k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 18% of the total. Other salaries and wages came to $249k. At year end it held assets of $5.8m against liabilities of $45k, net assets of $5.7m. It reported 13 employees.