Tidewater Winds

Analysis

Tidewater Winds is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in December 1992, 34 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, Tidewater Winds reported income of $229k and spending of $341k, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $229k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tidewater Winds sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include Winnetka Theater Inc ($229k), Plains Indians & Pioneers Historical Foundation ($229k) and Elkhart Civic Theatre Inc ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $52k (15% of expenses). Other salaries and wages came to $8,750. At year end it held assets of $101k against liabilities of $68, net assets of $101k. It reported 5 employees.