Wilmette Theatre Education Project NFP

Analysis

Wilmette Theatre Education Project NFP is a registered charity in United States, based in Wilmette, IL. It received its IRS tax-exemption ruling in March 2009, 17 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, Wilmette Theatre Education Project NFP reported income of $587k and spending of $585k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $641k to $587k (-8.4%), an average of -2.2% a year. The sharpest change came in the year to December 2021, when income rose by 164%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wilmette Theatre Education Project NFP sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Silicon Valley Chao Chow Community Center of San Jose ($587k), Woodford County Theatrical Arts Association Inc ($587k) and Delaware Valley Arts Alliance Inc ($587k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 73% of the total. Other salaries and wages came to $141k. At year end it held assets of $1.0m against liabilities of $545k, net assets of $501k. It reported 16 employees.