Eastern Washington State Historical Society

Analysis

Eastern Washington State Historical Society is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in October 1942, 84 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 June 2023, Eastern Washington State Historical Society reported income of $6.2m and spending of $6.8m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $6.2m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eastern Washington State Historical Society sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Association of American Geographers ($6.2m), Fox Tucson Theatre Foundation ($6.2m) and Honolulu Civil Beat Inc ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $302k (4.4% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $18.8m against liabilities of $455k, net assets of $18.3m. It reported 58 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.