Wings of the North Inc

Analysis

Wings of the North Inc is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in May 1998, 28 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, Wings of the North Inc reported income of $319k and spending of $261k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $644k to $319k (-50%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wings of the North Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Steinway Society the Bay Area ($319k), Bravo Vancouver Concert Series ($320k) and Golden Crown Literary Society ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 49% of the total. At year end it held assets of $648k against liabilities of $113k, net assets of $535k.