Wright on the Park Inc

Analysis

Wright on the Park Inc is a registered charity in United States, based in Mason City, IA. It received its IRS tax-exemption ruling in November 2006, 20 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 December 2023, Wright on the Park Inc reported income of $116k and spending of $56k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $116k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 45% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wright on the Park Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within IA. Charities of a similar size with the same main cause include Radius Ensemble Incorporated ($116k), Arrowhead Arts Association ($116k) and Las Vegas Mens Chorus ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 12% of the total. Other salaries and wages came to $19k. At year end it held assets of $18.7m against liabilities of $1,273, net assets of $18.7m. It reported 1 employees.