Wylde Center Inc

Analysis

Wylde Center Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in May 1998, 28 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 June 2023, Wylde Center Inc reported income of $1.2m and spending of $932k, leaving 22% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $704k to $1.2m (+69%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 125%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wylde Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Fort Greene Park Conservancy Inc ($1.2m), Hellenic American Cultural Center & Museum of Oregon and SW Washington ($1.2m) and Monterey County Historical Society ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $37k (3.9% of expenses). Other salaries and wages came to $477k. At year end it held assets of $2.6m against liabilities of $337k, net assets of $2.2m. It reported 43 employees.