Lincoln County Historical Society

Analysis

Lincoln County Historical Society is a registered charity in United States, based in Newport, OR. It received its IRS tax-exemption ruling in October 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 (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, Lincoln County Historical Society reported income of $445k and spending of $498k, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $451k to $445k (-1.3%), an average of -0.4% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lincoln County Historical Society sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OR. Charities of a similar size with the same main cause include Empire Arts Center ($445k), Northeast Minneapolis Arts Assoc ($445k) and Carolina Dance Collaborative ($445k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $76k (15% of expenses). Other salaries and wages came to $96k. At year end it held assets of $2.8m against liabilities of $54k, net assets of $2.7m. It reported 10 employees.