Wise Performing Arts Guild

Analysis

Wise Performing Arts Guild is a registered charity in United States, based in Decatur, TX. It received its IRS tax-exemption ruling in October 2005, 21 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Wise Performing Arts Guild reported income of $96k and spending of $94k, spending 99% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $59k to $96k (+63%), an average of +63% a year. The sharpest change came in the year to August 2024, when income rose by 63%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wise Performing Arts Guild sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Eth-Noh-Tec Creations ($96k), Glickman Popkin Bassoon Camp ($96k) and Cutchogue-New Suffolk Historical Council Inc ($96k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.