Wegner Arboretum Society

Analysis

Wegner Arboretum Society is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in July 2008, 18 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, Wegner Arboretum Society reported income of $857k and spending of $628k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $262k to $857k (+227%), an average of +48% a year. The sharpest change came in the year to December 2022, when income rose by 165%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wegner Arboretum Society sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within SD. Charities of a similar size with the same main cause include Grand Boulevard Town Center Arts and Entertainment Association Inc ($856k), Music Theatre of Idaho Inc ($857k) and The Green Room Community Theatre Inc ($856k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $57k (9.1% of expenses). Other salaries and wages came to $45k. At year end it held assets of $711k against liabilities of $42k, net assets of $669k. It reported 4 employees.