Downtown Walla Walla Foundation

Analysis

Downtown Walla Walla Foundation is a registered charity in United States, based in Walla Walla, WA. It received its IRS tax-exemption ruling in October 2010, 16 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 December 2023, Downtown Walla Walla Foundation reported income of $1.2m and spending of $1.3m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $456k to $1.2m (+164%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 127%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Downtown Walla Walla Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include South Carolina Philharmonic Inc ($1.2m), Terre Haute Childrens Museum Inc ($1.2m) and National Museum for Civil War Medicine Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $87k (6.6% of expenses). Other salaries and wages came to $202k. At year end it held assets of $263k against liabilities of $79k, net assets of $184k. It reported 5 employees.