The Wright Museum of World War II

Analysis

The Wright Museum of World War II is a registered charity in United States, based in Wolfeboro, NH. It received its IRS tax-exemption ruling in February 2011, 15 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, The Wright Museum of World War II reported income of $454k and spending of $744k, spending 164% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $454k (-78%), an average of -31% a year. The sharpest change came in the year to December 2020, when income dropped by 64%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Wright Museum of World War II sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within NH. Charities of a similar size with the same main cause include Uncommon Voices Collective ($454k), Southington Community Cultural Arts Inc ($454k) and Graduate Theological Foundation ($453k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $111k (15% of expenses). At year end it held assets of $5.4m against liabilities of $35k, net assets of $5.3m. It reported 7 employees.