Wheelwright Musueum Foundation

Analysis

Wheelwright Musueum Foundation is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in June 1983, 43 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wheelwright Musueum Foundation reported income of $221k and spending of $258k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $221k (-83%), an average of -36% a year. The sharpest change came in the year to December 2022, when income rose by 115%. Over the whole period it spent 21% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wheelwright Musueum Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NM. Charities of a similar size with the same main cause include PTA New Jersey Congress of Parents & Teachers ($221k), Chateau Baton Rouge Inc ($221k) and San Diego Museum Council Inc ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $7.3m against liabilities of $0, net assets of $7.3m.