Wilkes Playmakers Inc

Analysis

Wilkes Playmakers Inc is a registered charity in United States, based in N Wilkesboro, NC. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wilkes Playmakers Inc reported income of $158k and spending of $183k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $158k (+60%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 117% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wilkes Playmakers Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Watershed ($158k), Texas City Cultural Arts Foundation Inc ($158k) and Feather River Rail Society ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 23% of the total. It paid $929 in professional fundraising fees. At year end it held assets of $482k against liabilities of $123k, net assets of $359k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.