Friends of WRR

Analysis

Friends of WRR is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 1991, 35 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, Friends of WRR reported income of $924k and spending of $268k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $225k to $924k (+311%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of WRR sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Creative Arts Guild Incorporated ($923k), Unicode Inc ($924k) and The Center for Contemporary Arts of Santa Fe Inc ($923k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.