Wabanaki Cultural Preservation Coalition

Analysis

Wabanaki Cultural Preservation Coalition is a registered charity in United States, based in Passadumkeag, ME. 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 2022, Wabanaki Cultural Preservation Coalition reported income of $582k and spending of $439k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $225k to $582k (+159%), an average of +37% a year. The sharpest change came in the year to December 2020, when income rose by 104%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wabanaki Cultural Preservation Coalition sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within ME. Charities of a similar size with the same main cause include Puppetry in Practice Inc ($582k), Access Humboldt ($582k) and Somerville Historical Society ($582k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $224k. At year end it held assets of $1.1m against liabilities of $93k, net assets of $1.0m. It reported 8 employees.