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Park City Historical Society Inc

RegisteredEIN 94-2792051Park City, UTEducation and training
Income$1.7m2023-12
Spending$1.8msame year
Spent / received92%5-year average
Size in its cause81st pctEducation and training
Exempt since1982Publicly supported organisat
Employees14latest return

Analysis

Park City Historical Society Inc is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in June 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Park City Historical Society Inc reported income of $1.7m and spending of $1.8m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.7m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Park City Historical Society Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within UT. Charities of a similar size with the same main cause include Shuang Wen Academy Network ($1.7m), Mark Twain Library Assn Inc ($1.7m) and Western Association of College and University Business Officers ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 16% of the total. Other salaries and wages came to $535k. At year end it held assets of $8.7m against liabilities of $58k, net assets of $8.6m. It reported 14 employees.

Income and spending

$0$469k$938k$1.4m$1.9m2019 Income: $1,341,8932019 Spending: $1,155,06120192020 Income: $1,875,0202020 Spending: $1,333,94920202021 Income: $1,526,8912021 Spending: $1,308,82220212022 Income: $1,255,7492022 Spending: $1,461,32520222023 Income: $1,679,3532023 Spending: $1,836,6772023
IncomeSpending

Where the income comes from

  • Contributions & grants 55%
  • Program services 16%
  • Other 29%

Similar-sized charities, same cause

CharityLocationIncome
Shuang Wen Academy NetworkNew York$1.7m
Mark Twain Library Assn IncRedding$1.7m
Western Association of College and University Business OfficersSuperior$1.7m
Page Ahead Childrens Literacy PRGMSeattle$1.7m