Dollywood Foundation

Analysis

Dollywood Foundation is a registered charity in United States, based in Sevierville, TN. It received its IRS tax-exemption ruling in January 1990, 36 years ago. 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, Dollywood Foundation reported income of $78.4m and spending of $63.9m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $36.1m to $78.4m (+117%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dollywood Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include Health Center Partners of Southern California ($78.3m), Self-Help Services Corp ($78.5m) and Adapt ($78.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $398k (0.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $51.8m against liabilities of $20.0m, net assets of $31.8m. It reported 29 employees.