Wenatchee River Institute

Analysis

Wenatchee River Institute is a registered charity in United States, based in Leavenworth, WA. It received its IRS tax-exemption ruling in June 2007, 19 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, Wenatchee River Institute reported income of $2.0m and spending of $857k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $457k to $2.0m (+329%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 130%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wenatchee River Institute sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WA. Charities of a similar size with the same main cause include Congressional Hispanic Leadership Institute Inc ($2.0m), Norway House ($2.0m) and Madison Museum of Contemporary Art Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $4,673 (0.5% of expenses). At year end it held assets of $6.9m against liabilities of $29k, net assets of $6.8m. It reported 16 employees.