Hudson Library & Historical Society is a 501(c)(3) organization based in Hudson, Ohio, registered in 1924, with $5,079,570 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$5.1M
▲ 1.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$4.5M
Net assets
$8.7M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hudson Library & Historical Society— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hudson Library & Historical Society: 23 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hudson Library & Historical Society— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hudson Library & Historical Society: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $3.6M (FY2016) to $5.1M (FY2024) across 7 reported years.
Financial snapshot
Operating margin
10.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.7M
Total liabilities
$0
Net assets
$8.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,079,570▲1.0% | $4,528,527▲3.3% | $8,748,688▲6.7% | $8,748,688▲6.7% | 990 |
| 2023 | $5,029,219▲7.1% | $4,383,007▲16.2% | $8,197,645▲8.6% | $8,197,645▲8.6% | 990 |
| 2022 | $4,693,628▲7.9% | $3,773,207▲2.3% | $7,551,433▲13.9% | $7,551,433▲13.9% | 990 |
| 2021 | $4,349,236▼9.6% | $3,686,943▲1.6% | $6,631,012▲11.1% | $6,631,012▲11.1% | 990 |
| 2020 | $4,810,033▲24.7% | $3,627,365▲2.1% | $5,968,719▲33.0% | $5,968,719▲33.0% | 990 |
| 2017 | $3,857,695▲6.9% | $3,553,119▼11.7% | $4,489,189▲7.3% | $4,489,189▲7.3% | 990 |
| 2016 | $3,608,888 | $4,025,035 | $4,184,612 | $4,184,612 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Hudson Library & Historical Society (EIN 34-6007227) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.