Wild West Arena Foundation

Analysis

Wild West Arena Foundation is a registered charity in United States, based in North Platte, NE. It received its IRS tax-exemption ruling in March 2020, 6 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, Wild West Arena Foundation reported income of $181k and spending of $22k, leaving 88% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $346k to $181k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 7.9% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wild West Arena Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NE. Charities of a similar size with the same main cause include Partch Ensemble ($181k), Western New York Gas & Steam Engine Association Inc ($181k) and Octo ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $857k, net assets of $507k.