Santa Ynez Valley Historical Society

Analysis

Santa Ynez Valley Historical Society is a registered charity in United States, based in Santa Ynez, CA. It received its IRS tax-exemption ruling in December 1965, 61 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 December 2023, Santa Ynez Valley Historical Society reported income of $508k and spending of $664k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $459k to $508k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Santa Ynez Valley Historical Society sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Indiana Falun Dafa Association Incorporated ($508k), Museum of Neon Art ($508k) and Science & Discovery Center of Northwest Florida Inc ($508k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $77k (12% of expenses). Other salaries and wages came to $168k. At year end it held assets of $1.9m against liabilities of $191k, net assets of $1.7m. It reported 8 employees.