Waukesha String Academie Inc

Analysis

Waukesha String Academie Inc is a registered charity in United States, based in Waukesha, WI. It received its IRS tax-exemption ruling in November 2014, 12 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Waukesha String Academie Inc reported income of $50k and spending of $29k, leaving 41% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $26k to $50k (+91%), an average of +92% a year. The sharpest change came in the year to August 2023, when income rose by 91%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Waukesha String Academie Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within WI. Charities of a similar size with the same main cause include Folk Art Society of America ($50k), Museum of the Cherokee in South Carolina ($50k) and Voices Chorale NJ ($50k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $21k against liabilities of $228, net assets of $21k.