Willa Cather Foundation

Analysis

Willa Cather Foundation is a registered charity in United States, based in Red Cloud, NE. It received its IRS tax-exemption ruling in October 1961, 65 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, Willa Cather Foundation reported income of $3.2m and spending of $1.5m, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.2m (+21%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 37% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Willa Cather Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within NE. Charities of a similar size with the same main cause include Center for Independent Thought Inc ($3.2m), Radio Milwaukee Inc ($3.2m) and American Numismatic Society ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 7.5% of the total. Other salaries and wages came to $675k. At year end it held assets of $22.5m against liabilities of $593k, net assets of $21.9m. It reported 21 employees.