Kitsap County Historical Society

Analysis

Kitsap County Historical Society is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in June 1957, 69 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, Kitsap County Historical Society reported income of $203k and spending of $280k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $167k to $203k (+21%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 117% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kitsap County Historical Society sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within WA. Charities of a similar size with the same main cause include North Carolina Baroque Orchestra ($203k), The Museum of Democracy Inc ($203k) and Committee of the Proprietors of the Common & Undivided Lands in New Ha ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $120k (43% of expenses). Other salaries and wages came to $20k. At year end it held assets of $2.2m against liabilities of $93k, net assets of $2.1m. It reported 3 employees.