Wausau Events Inc

Analysis

Wausau Events Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in June 1988, 38 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Wausau Events Inc reported income of $468k and spending of $490k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $498k to $468k (-6.1%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income rose by 209%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wausau Events Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within WI. Charities of a similar size with the same main cause include Floyd County Fair Society ($467k), Tilton-Northfield Recreation Council ($468k) and Fort Hill Christian Youth Camp ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $56k. At year end it held assets of $207k against liabilities of $9,818, net assets of $198k. It reported 2 employees.