Williams Project

Analysis

Williams Project is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 2017, 9 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 December 2023, Williams Project reported income of $266k and spending of $395k, spending 148% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $270k to $266k (-1.7%), an average of -0.8% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Williams Project sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within WA. Charities of a similar size with the same main cause include Guerilla Opera Inc ($266k), United States Lightship Museum Inc ($266k) and Childrens Educational Theatre ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $41k (10% of expenses). Other salaries and wages came to $153k. At year end it held assets of $47k against liabilities of $30k, net assets of $17k. It reported 21 employees.