George Weyerhaeuser Pacific Rim Bonsai Collection a Nonprofit Corp

Analysis

George Weyerhaeuser Pacific Rim Bonsai Collection a Nonprofit Corp is a registered charity in United States, based in Federal Way, WA. It received its IRS tax-exemption ruling in September 2014, 12 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, George Weyerhaeuser Pacific Rim Bonsai Collection a Nonprofit Corp reported income of $828k and spending of $1.1m, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $921k to $828k (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 133% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, George Weyerhaeuser Pacific Rim Bonsai Collection a Nonprofit Corp sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within WA. Charities of a similar size with the same main cause include Butte Center for the Performing Arts Inc ($828k), Boulder Historical Society Inc ($828k) and Heights Foundation Inc ($827k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $122k (11% of expenses). Other salaries and wages came to $347k. At year end it held assets of $1.7m against liabilities of $57k, net assets of $1.7m. It reported 10 employees.

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.