Charity Search / CHEROKEE HISTORICAL ASSOCIATION INC
Arts, Culture & Humanities (A800) IRS Verified DX Registered 990 on File

CHEROKEE HISTORICAL ASSOCIATION INC

EIN: 56-0623957 · CHEROKEE, NC 28719-0398 · United States · FY 2024 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 69/100
Reliability (20%) 55/100
Effectiveness (25%) 68/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$3.0M
Total Revenue
$2.8M
Total Expenses
$412K
Net Assets
177
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 66.4%
Fundraising Efficiency N/A
Operating Reserve 1.78x
Liability-to-Asset 72.7%
Revenue Diversification 60.1%
Executive Compensation $423K
Compared with Peers
FY 2024
Compared with 3,450 similar organizations (United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
66.4% 77.9%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
33.6% 14.4%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 5.4%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
1.8 mo 16.5 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
72.7% 10.6%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
60.1% 74.5%
P10P90
Above median
Revenue growth
Year over year revenue growth
526.8% 7.8%
P10P90
Expense growth
Year over year expense growth
6.5% 8.0%
P10P90
Surplus margin
Surplus as a share of revenue
6.2% -0.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $3.0M $2.8M $412K 66.4% 177
2023 $471K $2.6M $150K 78.8% 177
2022 $2.3M $2.9M $131K 90.1% 183
2021 $3.2M $2.2M $142K 76.1% 177
2020 $1.3M $1.1M N/A 67
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Organization Details
EIN
56-0623957
State
NC
City
CHEROKEE
ZIP
28719-0398
Classification
A800
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1949
Foundation Code
16
Form 990
On File
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