Weill Center Foundation Inc

Analysis

Weill Center Foundation Inc is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in March 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 (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, Weill Center Foundation Inc reported income of $958k and spending of $1.2m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $958k (-34%), an average of -9.8% a year. The sharpest change came in the year to June 2022, when income rose by 86%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Weill Center Foundation Inc 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 79th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Shenandoah Valley Discovery Museum Inc ($958k), Richard Ellis Radio ($958k) and The Independent Shakespeare Co Inc ($957k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $100k (8.5% of expenses). Other salaries and wages came to $153k. At year end it held assets of $9.0m against liabilities of $374k, net assets of $8.6m. It reported 35 employees.