Benton County Historical Society

Analysis

Benton County Historical Society is a registered charity in United States, based in Philomath, OR. It received its IRS tax-exemption ruling in February 1981, 45 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, Benton County Historical Society reported income of $593k and spending of $1.3m, spending 214% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.7m to $593k (-78%), an average of -32% a year. The sharpest change came in the year to June 2020, when income dropped by 82%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Benton County Historical Society sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OR. Charities of a similar size with the same main cause include Childrens Chorus of San Antonio ($593k), Oasis Companies International ($593k) and Voice of Christ Media Ministries Inc ($593k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $75k (5.9% of expenses). Other salaries and wages came to $357k. At year end it held assets of $15.7m against liabilities of $39k, net assets of $15.7m. It reported 17 employees.