Wheaton Arts And Cultural Center Inc
Wheaton Arts: Consistent Cultural Impact, Financial Stability
EIN: 221849118 · Millville, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $2.7M |
| Program Spending | 75% |
| Net Assets | $4.4M |
| Transparency Score | 85/100 |
Is Wheaton Arts And Cultural Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wheaton Arts And Cultural Center Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wheaton Arts And Cultural Center Inc
Wheaton Arts And Cultural Center Inc (EIN: 221849118) is a nonprofit organization based in Millville, NJ. The organization reported total revenue of $3.8M and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wheaton Arts And Cultural Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wheaton Arts And Cultural Center Inc is a mid-size nonprofit that has been operating for 56 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$214K |
| Total Assets | $6.4M |
| Total Liabilities | $2.0M |
| Net Assets | $4.4M |
| Operating Margin | 7.3% |
| Debt-to-Asset Ratio | 31.7% |
| Months of Reserves | 28.3 months |
Financial Health Grade: A
In 2024, Wheaton Arts And Cultural Center Inc reported a surplus of $214K with revenue exceeding expenses, holds 28.3 months of operating reserves (strong position), has a debt-to-asset ratio of 31.7% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Wheaton Arts And Cultural Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +18.7% | +2.2% | +6.5% |
| 2023 | -29.0% | +6.0% | -4.3% |
| 2022 | +57.0% | +22.8% | +14.9% |
| 2021 | -20.4% | -29.9% | +6.2% |
| 2020 | -14.7% | -15.0% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wheaton Arts And Cultural Center Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Wheaton Arts And Cultural Center Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $214K, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.7%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no compensation figures are reported in the provided financial data.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Wheaton Arts And Cultural Center Inc's IRS 990 filings:
- Lack of disclosed executive compensation in available filings prevents a full assessment of leadership costs.
Strengths
The following positive indicators were identified for Wheaton Arts And Cultural Center Inc:
- Consistent revenue generation, averaging over $3 million annually.
- Strong asset base, consistently over $5 million, indicating financial stability.
- Low liability-to-asset ratio, suggesting good financial health and limited debt.
- Positive net assets growth over several years, demonstrating financial sustainability.
Frequently Asked Questions about Wheaton Arts And Cultural Center Inc
Is Wheaton Arts And Cultural Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wheaton Arts And Cultural Center Inc (EIN: 221849118) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Wheaton Arts And Cultural Center Inc spend its money?
Wheaton Arts And Cultural Center Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wheaton Arts And Cultural Center Inc tax-deductible?
Wheaton Arts And Cultural Center Inc is registered as a tax-exempt nonprofit (EIN: 221849118). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wheaton Arts And Cultural Center Inc's spending goes to programs?
Wheaton Arts And Cultural Center Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Wheaton Arts And Cultural Center Inc located?
Wheaton Arts And Cultural Center Inc is headquartered in Millville, New Jersey and files with the IRS under EIN 221849118.
How many years of IRS 990 filings does Wheaton Arts And Cultural Center Inc have?
Wheaton Arts And Cultural Center Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.8M in total revenue.
What does Wheaton Arts And Cultural Center Inc do?
Wheaton Arts And Cultural Center Inc is a nonprofit organization in the Unknown sector, located in Millville, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Wheaton Arts And Cultural Center Inc have?
Wheaton Arts And Cultural Center Inc reported total revenue of $3,787,992. Based on 14 IRS 990 filings on record.
What are Wheaton Arts And Cultural Center Inc's total assets?
Wheaton Arts And Cultural Center Inc holds total assets of $7,125,457 as reported in IRS 990 filings.
Where is Wheaton Arts And Cultural Center Inc located?
Wheaton Arts And Cultural Center Inc is based in Millville, New Jersey.
What is Wheaton Arts And Cultural Center Inc's EIN?
Wheaton Arts And Cultural Center Inc's Employer Identification Number (EIN) is 221849118. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Wheaton Arts And Cultural Center Inc?
Wheaton Arts And Cultural Center Inc is classified under NTEE code Unknown (Unknown).
Is Wheaton Arts And Cultural Center Inc a registered 501(c)(3)?
Wheaton Arts And Cultural Center Inc appears in IRS records (EIN: 221849118). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Wheaton Arts And Cultural Center Inc file IRS Form 990?
Yes, Wheaton Arts And Cultural Center Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Wheaton Arts And Cultural Center Inc's revenue in 2024?
In the 202406 filing period, Wheaton Arts And Cultural Center Inc reported total revenue of $2,919,743, total expenses of $2,705,781, and net assets of $6,376,435.
Is Wheaton Arts And Cultural Center Inc's revenue growing or declining?
Wheaton Arts And Cultural Center Inc's revenue is growing. Revenue went from $2,459,146 (202306) to $2,919,743 (202406), a +18.7% change. Based on 14 filings on record.
What is Wheaton Arts And Cultural Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Wheaton Arts And Cultural Center Inc covers tax period 202406. It shows revenue of $2,919,743, expenses of $2,705,781, total assets of $6,376,435, and liabilities of $2,020,910.
How much does Wheaton Arts And Cultural Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Wheaton Arts And Cultural Center Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Wheaton Arts And Cultural Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Wheaton Arts And Cultural Center Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 4 strengths noted.
What are the red flags for Wheaton Arts And Cultural Center Inc?
The following concerns were identified: Lack of disclosed executive compensation in available filings prevents a full assessment of leadership costs.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Wheaton Arts And Cultural Center Inc's strengths?
Positive indicators for Wheaton Arts And Cultural Center Inc include: Consistent revenue generation, averaging over $3 million annually.. Strong asset base, consistently over $5 million, indicating financial stability.. Low liability-to-asset ratio, suggesting good financial health and limited debt.. Positive net assets growth over several years, demonstrating financial sustainability.. These findings are derived from AI analysis of the organization's financial filings.
How does Wheaton Arts And Cultural Center Inc compensate executives?
Executive compensation cannot be assessed as no compensation figures are reported in the provided financial data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Wheaton Arts maintain a stable asset base despite fluctuating revenues?
Wheaton Arts maintains a stable asset base by consistently managing expenses below revenues in most years and accumulating net assets, as seen by assets growing from $5,125,326 in 2020 to $7,125,457 in 2024.
What is the trend in the organization's net assets over the past five years?
The organization's net assets have shown a positive trend, increasing from $5,125,326 in 2020 to $7,125,457 in 2024, indicating financial growth and accumulation of resources.
Filing History
IRS 990 filing history for Wheaton Arts And Cultural Center Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Wheaton Arts And Cultural Center Inc's revenue has grown by 0.5%, moving from $2.9M to $2.9M. Total assets increased by 27.5% over the same period, from $5.0M to $6.4M. Total functional expenses fell by 9.9%, from $3.0M to $2.7M. In its most recent filing year (2024), Wheaton Arts And Cultural Center Inc reported a surplus of $214K, with revenue exceeding expenses. The organization holds $2.0M in liabilities against $6.4M in assets (debt-to-asset ratio: 31.7%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.9M | $2.7M | $6.4M | $2.0M | — | View 990 |
| 2023 | $2.5M | $2.6M | $6.0M | $1.9M | — | View 990 |
| 2022 | $3.5M | $2.5M | $6.3M | $2.0M | — | View 990 |
| 2021 | $2.2M | $2.0M | $5.4M | $907K | — | View 990 |
| 2020 | $2.8M | $2.9M | $5.1M | $1.0M | — | View 990 |
| 2019 | $3.3M | $3.4M | $5.2M | $997K | — | View 990 |
| 2018 | $3.0M | $3.2M | $5.3M | $1.0M | — | View 990 |
| 2017 | $3.9M | $3.3M | $5.5M | $983K | — | View 990 |
| 2016 | $3.1M | $3.3M | $5.0M | $1.1M | — | View 990 |
| 2015 | $3.2M | $3.2M | $5.3M | $1.2M | — | View 990 |
| 2014 | $2.8M | $2.8M | $5.4M | $1.3M | — | View 990 |
| 2013 | $2.8M | $2.9M | $5.2M | $1.0M | — | View 990 |
| 2012 | $2.7M | $2.8M | $5.2M | $873K | — | View 990 |
| 2011 | $2.9M | $3.0M | $5.0M | $700K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.9M, expenses of $2.7M, and assets of $6.4M (revenue +18.7% year-over-year).
- 2023: Revenue of $2.5M, expenses of $2.6M, and assets of $6.0M (revenue -29.0% year-over-year).
- 2022: Revenue of $3.5M, expenses of $2.5M, and assets of $6.3M (revenue +57.0% year-over-year).
- 2021: Revenue of $2.2M, expenses of $2.0M, and assets of $5.4M (revenue -20.4% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.9M, and assets of $5.1M (revenue -14.7% year-over-year).
- 2019: Revenue of $3.3M, expenses of $3.4M, and assets of $5.2M (revenue +7.8% year-over-year).
- 2018: Revenue of $3.0M, expenses of $3.2M, and assets of $5.3M (revenue -22.7% year-over-year).
- 2017: Revenue of $3.9M, expenses of $3.3M, and assets of $5.5M (revenue +27.6% year-over-year).
- 2016: Revenue of $3.1M, expenses of $3.3M, and assets of $5.0M (revenue -4.9% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.2M, and assets of $5.3M (revenue +17.0% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.8M, and assets of $5.4M (revenue -2.8% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.9M, and assets of $5.2M (revenue +5.2% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.8M, and assets of $5.2M (revenue -7.4% year-over-year).
- 2011: Revenue of $2.9M, expenses of $3.0M, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wheaton Arts And Cultural Center Inc:
Data Sources and Methodology
This transparency report for Wheaton Arts And Cultural Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.