Winfield Arts & Humanities Council Inc

Analysis

Winfield Arts & Humanities Council Inc is a registered charity in United States, based in Winfield, KS. It received its IRS tax-exemption ruling in March 1972, 54 years ago. 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, Winfield Arts & Humanities Council Inc reported income of $79k and spending of $112k, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $79k to $79k (-0.9%), an average of -0.2% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Winfield Arts & Humanities Council Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within KS. Charities of a similar size with the same main cause include Parent Booster USA Inc ($79k), Vasca Inc ($79k) and Dhamma Vihara Foundation Inc ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $35k (31% of expenses). Other salaries and wages came to $12k. At year end it held assets of $220k against liabilities of $7,179, net assets of $213k. It reported 5 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.