The Friends of the Wanamaker Organ Inc

Analysis

The Friends of the Wanamaker Organ Inc is a registered charity in United States, based in KNG of Prussa, PA. It received its IRS tax-exemption ruling in September 1993, 33 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, The Friends of the Wanamaker Organ Inc reported income of $509k and spending of $586k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $904k to $509k (-44%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 141%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Friends of the Wanamaker Organ Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Rock on Wheels Inc ($509k), Boxerwood Education Association Incorporated ($509k) and Museum Association of New York ($508k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $87k (15% of expenses). Other salaries and wages came to $199k. At year end it held assets of $903k against liabilities of $208, net assets of $903k. It reported 8 employees.