Friends of Wisconsin Singers

Analysis

Friends of Wisconsin Singers is a registered charity in United States, based in Waunakee, WI. It received its IRS tax-exemption ruling in August 1997, 29 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Friends of Wisconsin Singers reported income of $93k and spending of $112k, spending 120% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $325k to $93k (-71%), an average of -46% a year. The sharpest change came in the year to June 2024, when income dropped by 64%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Wisconsin Singers sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within WI. Charities of a similar size with the same main cause include Celebrating Patsy Cline ($93k), Lauderdale Lakes Aqua Skiers Inc ($93k) and New World Youth Ballet ($93k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 47% of the total. At year end it held assets of $273k against liabilities of $267, net assets of $273k.