Vollis Simpson Whirligig Park and Museum

Analysis

Vollis Simpson Whirligig Park and Museum is a registered charity in United States, based in Wilson, NC. It received its IRS tax-exemption ruling in February 2015, 11 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, Vollis Simpson Whirligig Park and Museum reported income of $436k and spending of $384k, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $299k to $436k (+46%), an average of +7.8% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vollis Simpson Whirligig Park and Museum sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NC. Charities of a similar size with the same main cause include Chamber Music Pittsburgh ($436k), Telluride Repertory Theatre Company ($437k) and Riverside County Philharmonic Association Inc ($436k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $149k. At year end it held assets of $548k against liabilities of $110, net assets of $548k. It reported 6 employees.