Wyoming Creative Arts Community Inc

Analysis

Wyoming Creative Arts Community Inc is a registered charity in United States, based in Wyoming, MN. It received its IRS tax-exemption ruling in June 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 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 August 2023, Wyoming Creative Arts Community Inc reported income of $76k and spending of $90k, spending 117% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $209k to $76k (-63%), an average of -63% a year. The sharpest change came in the year to August 2023, when income dropped by 63%. Over the whole period it spent 54% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wyoming Creative Arts Community Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MN. Charities of a similar size with the same main cause include Music Mission San Francisco Corporation ($76k), Southcoast Dixieland Clambake Inc ($76k) and Untitled Theater Company No 61 Ltd ($76k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 96% and program service revenue 3.6% of the total. At year end it held assets of $257k against liabilities of $0, net assets of $257k.