Morgans Wonderland Management Company

Analysis

Morgans Wonderland Management Company is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Morgans Wonderland Management Company reported income of $2.1m and spending of $4.0m, spending 192% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $2.1m (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 119% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Morgans Wonderland Management Company sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Newport Aquatic Center ($2.1m), Illinois Junior Golf Association ($2.1m) and Vermont Adaptive Ski & Sports ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $1.8m against liabilities of $3.7m, net assets of -$1.9m. It reported 233 employees.