Frank Lloyd Wright Building Conservancy

Analysis

Frank Lloyd Wright Building Conservancy is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1990, 36 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, Frank Lloyd Wright Building Conservancy reported income of $910k and spending of $813k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $723k to $910k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2022, when income rose by 136%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Frank Lloyd Wright Building Conservancy sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include James and Dorothy Doss Heritage and Culture Center of Parker Count ($910k), Out of Hand Theater Inc ($910k) and H C S V Foundation ($910k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $101k (12% of expenses). Other salaries and wages came to $192k. At year end it held assets of $4.9m against liabilities of $34k, net assets of $4.9m. It reported 4 employees.