Sharon Lynne Wilson Center for the Arts Inc

Analysis

Sharon Lynne Wilson Center for the Arts Inc is a registered charity in United States, based in Brookfield, WI. It received its IRS tax-exemption ruling in June 1994, 32 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 August 2022, Sharon Lynne Wilson Center for the Arts Inc reported income of $2.2m and spending of $2.3m, spending 101% of its income. Across the 4 years on record, from August 2019 to August 2022, income fell from $2.4m to $2.2m (-8.1%), an average of -2.8% a year. The sharpest change came in the year to August 2021, when income rose by 87%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sharon Lynne Wilson Center for the Arts Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WI. Charities of a similar size with the same main cause include Bristol Bay Science & Research Institute ($2.2m), Brookline Music School Inc ($2.2m) and Western Folklife Center ($2.2m).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 52% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $148k (6.6% of expenses). Other salaries and wages came to $556k. At year end it held assets of $7.4m against liabilities of $510k, net assets of $6.9m. It reported 41 employees.