Wide Open Walls

Analysis

Wide Open Walls is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in June 2018, 8 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, Wide Open Walls reported income of $352k and spending of $472k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $682k to $352k (-48%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wide Open Walls sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Historical Society of the New York Courts ($352k), Professional Services Council Foundation ($352k) and Dayton Public Access Television Inc ($352k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $123k (26% of expenses). At year end it held assets of $40k against liabilities of $32k, net assets of $7,918. It reported 2 employees.