KWMR
Analysis
KWMR is a registered charity in United States, based in Pt Reyes Sta, CA. It received its IRS tax-exemption ruling in April 1997, 29 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 September 2023, KWMR reported income of $517k and spending of $506k, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $422k to $517k (+23%), an average of +5.2% a year. The sharpest change came in the year to September 2021, when income rose by 38%. Over the whole period it spent 84% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, KWMR sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Phantom Projects Educational Theatre Group ($517k), Lachey Arts Inc ($517k) and Greeley Philharmonic Orchestra Association ($517k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $61k (12% of expenses). Other salaries and wages came to $200k. At year end it held assets of $550k against liabilities of $43k, net assets of $507k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Other 4.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Phantom Projects Educational Theatre Group | LA Mirada | $517k |
| Lachey Arts Inc | Louisville | $517k |
| Greeley Philharmonic Orchestra Association | Greeley | $517k |
| Longview World of Wonders | Longview | $517k |