Window to the World Communications Inc

Analysis

Window to the World Communications Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1958, 68 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 June 2023, Window to the World Communications Inc reported income of $39.1m and spending of $43.2m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $42.4m to $39.1m (-7.7%), an average of -2.0% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Window to the World Communications Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Houston Ballet Foundation ($38.8m), Fort Worth Art Association Endowment Foundation ($39.2m) and Jserra Catholic High School ($38.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $986k (2.3% of expenses). Other salaries and wages came to $15.8m. It paid $483k in professional fundraising fees. At year end it held assets of $89.4m against liabilities of $15.8m, net assets of $73.7m. It reported 215 employees.