Washington Pavilion Management Inc

Analysis

Washington Pavilion Management Inc is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in May 1996, 30 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, Washington Pavilion Management Inc reported income of $14.6m and spending of $12.0m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $14.6m (+153%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 146%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Washington Pavilion Management Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within SD. Charities of a similar size with the same main cause include Uli Foundation ($14.4m), Cincinnati Public Radio Inc ($14.6m) and Salvador Dali Museum Inc ($14.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $405k (3.4% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $17.3m against liabilities of $4.1m, net assets of $13.2m. It reported 458 employees.