Sitka Historical Society Inc

Analysis

Sitka Historical Society Inc is a registered charity in United States, based in Sitka, AK. It received its IRS tax-exemption ruling in March 1980, 46 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 June 2023, Sitka Historical Society Inc reported income of $200k and spending of $177k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $211k to $200k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to June 2020, when income dropped by 27%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sitka Historical Society Inc 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 49th percentile within AK. Charities of a similar size with the same main cause include New Day Childrens Theatre Inc ($200k), Opera Cultura ($200k) and Narrative Alchemy ($200k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 26% of the total. Other salaries and wages came to $129k. At year end it held assets of $774k against liabilities of $7,917, net assets of $766k. It reported 4 employees.