Morgans Wonderland

Analysis

Morgans Wonderland is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Morgans Wonderland reported income of $3.7m and spending of $3.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $18.4m to $3.7m (-80%), an average of -33% a year. The sharpest change came in the year to December 2020, when income dropped by 88%. Over the whole period it spent 202% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Morgans Wonderland sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Louisville Urban League Sports and Learning Complex Inc ($3.7m), Rabble Mill ($3.7m) and National Sports Center for the Disabled Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 41% of the total. At year end it held assets of $33.2m against liabilities of $2.6m, net assets of $30.6m.