Writers Room Inc

Analysis

Writers Room Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1991, 35 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 June 2023, Writers Room Inc reported income of $522k and spending of $645k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $605k to $522k (-14%), an average of -3.6% a year. The sharpest change came in the year to June 2021, when income dropped by 17%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Writers Room Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Fins Attached Marine Research and Conservation ($522k), Salty Earth Pictures Inc ($522k) and Association of Ramaytush Ohlone ($522k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $155k (24% of expenses). Other salaries and wages came to $140k. At year end it held assets of $1.8m against liabilities of $1.3m, net assets of $574k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.