Wilford Woodruff Papers Foundation

Analysis

Wilford Woodruff Papers Foundation is a registered charity in United States, based in Cedar Hills, UT. It received its IRS tax-exemption ruling in April 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, Wilford Woodruff Papers Foundation reported income of $1.5m and spending of $1.9m, spending 121% of what it took in. Across the 5 years on record, from December 2020 to February 2024, income grew from $625k to $1.5m (+147%), an average of +25% a year. The sharpest change came in the year to February 2024, when income rose by 898%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wilford Woodruff Papers Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within UT. Charities of a similar size with the same main cause include Stage West Theatre ($1.5m), Rogue Valley Symphony Association ($1.5m) and Blowing Rock Art & History Museum Inc ($1.5m).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $243k (13% of expenses). Other salaries and wages came to $974k. At year end it held assets of $1.5m against liabilities of $73k, net assets of $1.4m. It reported 67 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.