Longview World of Wonders

Analysis

Longview World of Wonders is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in August 2012, 14 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, Longview World of Wonders reported income of $517k and spending of $452k, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $307k to $517k (+68%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 32%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Longview World of Wonders 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 75th percentile within TX. Charities of a similar size with the same main cause include Lachey Arts Inc ($517k), Village Arts Foundation Inc ($517k) and KWMR ($517k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 18% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $13k (2.9% of expenses). Other salaries and wages came to $159k. At year end it held assets of $1.9m against liabilities of $310k, net assets of $1.6m. It reported 23 employees.