Wonderbound

Analysis

Wonderbound is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 1994, 32 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 July 2024, Wonderbound reported income of $2.6m and spending of $2.2m, spending 85% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $1.7m to $2.6m (+50%), an average of +11% a year. The sharpest change came in the year to July 2023, when income rose by 135%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wonderbound sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Fairfax Cable Access Corporation ($2.6m), Science Friday Initiative Inc ($2.6m) and Grand Rapids Civic Theatre Inc ($2.6m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $188k (8.5% of expenses). Other salaries and wages came to $896k. At year end it held assets of $8.0m against liabilities of $1.8m, net assets of $6.2m. It reported 42 employees.