Turning the Wheel Productions Inc

Analysis

Turning the Wheel Productions Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in March 1995, 31 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, Turning the Wheel Productions Inc reported income of $224k and spending of $213k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $205k to $224k (+9.5%), an average of +4.6% a year. 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, Turning the Wheel Productions Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include West Side Theatre Foundation ($224k), Abilene Woman S Club Foundation ($224k) and FFX Ministries Inc ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $49k (23% of expenses). Other salaries and wages came to $72k. At year end it held assets of $56k against liabilities of $10k, net assets of $46k. It reported 5 employees.