Wright in Kankakee

Analysis

Wright in Kankakee is a registered charity in United States, based in Kankakee, IL. It received its IRS tax-exemption ruling in February 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wright in Kankakee reported income of $220k and spending of $148k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $224k to $220k (-2.2%), an average of -0.6% a year. The sharpest change came in the year to December 2020, when income rose by 123%. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wright in Kankakee sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Spring Hill Historic Home Inc ($219k), Ballet Theatre San Luis Obispo ($220k) and Music Theatre Kansas City Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 24% of the total. Other salaries and wages came to $12k. At year end it held assets of $1.6m against liabilities of $270k, net assets of $1.3m. It reported 1 employees.