Annie E Woodman Institute Inc

Analysis

Annie E Woodman Institute Inc is a registered charity in United States, based in Dover, NH. It received its IRS tax-exemption ruling in November 2019, 7 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, Annie E Woodman Institute Inc reported income of $213k and spending of $294k, spending 138% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $166k to $213k (+28%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 151% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Annie E Woodman Institute Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within NH. Charities of a similar size with the same main cause include Day II Day Foundation Inc ($213k), Destination Crenshaw Support Foundation ($213k) and Syracuse-Wawasee Park Foundation Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $98k (34% of expenses). At year end it held assets of $1.3m against liabilities of $1,423, net assets of $1.3m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.