Warnecke Institute Inc

Analysis

Warnecke Institute Inc is a registered charity in United States, based in Healdsburg, CA. It received its IRS tax-exemption ruling in May 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, Warnecke Institute Inc reported income of $55k and spending of $121k, spending 218% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $291k to $55k (-81%), an average of -34% a year. The sharpest change came in the year to December 2020, when income rose by 642%. Over the whole period it spent 14% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Warnecke Institute Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Cranberry Research Foundation Inc ($55k), Chinese Cultural & Arts Institute ($55k) and Northport Galleries Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 15% of the total. Other salaries and wages came to $28k. At year end it held assets of $2.5m against liabilities of $773, net assets of $2.5m. 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.