Wiley H Bates Legacy Center Inc

Analysis

Wiley H Bates Legacy Center Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in December 2004, 22 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, Wiley H Bates Legacy Center Inc reported income of $82k and spending of $107k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $82k (-8.5%), an average of -8.5% a year. Over the whole period it spent 125% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wiley H Bates Legacy Center Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within MD. Charities of a similar size with the same main cause include Tumbleweed Festival Inc ($82k), Kyoungs Pacific Beat Inc ($82k) and Phoenicia Festival of the Voice Foundation ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 17% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.