Warner Drive in Cultural Resource Center Inc

Analysis

Warner Drive in Cultural Resource Center Inc is a registered charity in United States, based in Franklin, WV. It received its IRS tax-exemption ruling in April 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Warner Drive in Cultural Resource Center Inc reported income of $213k and spending of $32k, leaving 85% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $136k to $213k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 36% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Warner Drive in Cultural Resource Center Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within WV. Charities of a similar size with the same main cause include Fellowship for Intentional Community Inc ($213k), Sonoma Conservatory of Dance ($213k) and Uconnectcare Foundation Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. At year end it held assets of $509k against liabilities of $131k, net assets of $378k.