Monterey County Historical Society

Analysis

Monterey County Historical Society is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in February 1966, 60 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 2024, Monterey County Historical Society reported income of $1.2m and spending of $245k, leaving 79% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $190k to $1.2m (+525%), an average of +44% a year. The sharpest change came in the year to June 2021, when income rose by 265%. Over the whole period it spent 36% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Monterey County Historical Society sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Middleburg Film Festival ($1.2m), Fort Greene Park Conservancy Inc ($1.2m) and KBTC Association ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 0.3% of the total. Other salaries and wages came to $42k. At year end it held assets of $6.0m against liabilities of $0, net assets of $6.0m. It reported 1 employees.