National Wrestling Hall of Fame Inc

Analysis

National Wrestling Hall of Fame Inc is a registered charity in United States, based in Stillwater, OK. It received its IRS tax-exemption ruling in November 1972, 54 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, National Wrestling Hall of Fame Inc reported income of $2.2m and spending of $1.5m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.2m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2022, when income rose by 169%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Wrestling Hall of Fame Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OK. Charities of a similar size with the same main cause include Artshack Brooklyn ($2.2m), Dieu Donne Paper Mill Inc ($2.2m) and Kids Dance Outreach Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $133k (9.2% of expenses). Other salaries and wages came to $399k. It paid $8,333 in professional fundraising fees. At year end it held assets of $8.7m against liabilities of $426k, net assets of $8.3m. It reported 16 employees.