Frank Lloyd Wright Foundation

Analysis

Frank Lloyd Wright Foundation is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in November 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Frank Lloyd Wright Foundation reported income of $9.4m and spending of $10.8m, spending 114% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $8.6m to $9.4m (+10%), an average of +2.5% a year. The sharpest change came in the year to July 2022, when income rose by 45%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Frank Lloyd Wright Foundation 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 95th percentile, and in the 94th percentile within AZ. Charities of a similar size with the same main cause include Orlando Community & Youth Trust Inc ($9.4m), Brookfield Academy Inc ($9.4m) and Lalumiere School Inc ($9.4m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 22% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $519k (4.8% of expenses). Other salaries and wages came to $4.8m. It paid $103k in professional fundraising fees. At year end it held assets of $22.2m against liabilities of $1.1m, net assets of $21.1m. It reported 131 employees.