Wonderworks
- Assets
- $481.8k
- Revenue
- $344.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Houston, TX
- Founding
- 06/2005
- Data as of
- 08/2024
- EIN
- 20-2171584
Organization Overview
Wonderworks is located in Houston, TX. The organization was established in 2005. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wonderworks is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2024, Wonderworks generated $344.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $401.5k during the year ending 08/2024. While expenses have increased by 12.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
WONDERWORKS PROVIDES PRE-COLLEGE SUMMER LEARNING EXPERIENCES IN THE ARTS AND HUMANITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WONDERWORKS IS A SUMMER PRE-COLLEGE ENRICHMENT PROGRAM THAT OFFERS COURSES IN THE ARTS AND HUMANITIES ON THE UNIVERSITY OF HOUSTON AND RICE UNIVERSITY CAMPUSES. INCLUDING ANCILLARY COLLEGE ASSISTANCE TO 10-12TH GRADE HOUSTON AREA STUDENTS OF SPECIAL PROMISE AND ABILITY, ESPECIALLY THOSE ECONOMICALLY AND/OR CULTURALLY DISADVANTAGED. STUDENTS GAIN KNOWLEDGE AND SKILLS WHILE BEGINNING TO DEVELOP PORTFOLIOS OF WORK THAT WILL AID THEM IN THEIR COLLEGE APPLICATION PROCESS. IN MOST CASES, INSTRUCTORS HAVE COLLEGE-LEVEL TEACHING EXPERIENCE AND ADVANCED DEGREES IN THE SUBJECT AREA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Kelly President | OfficerTrustee | 1 | $0 |
Darryl Wade Anderson Vice President | OfficerTrustee | 1 | $0 |
Anita Garten Treasurer | OfficerTrustee | 1 | $0 |
Catherine Drake Gross Secretary | OfficerTrustee | 1 | $0 |
Adam Adams Director | Trustee | 0.5 | $0 |
Adele Howell Bentsen Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $79,159 |
| All other contributions, gifts, grants, and similar amounts not included above | $93,400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,559 |
| Total Program Service Revenue | $171,500 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $344,059 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $80,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,133 |
| Compensation of current officers, directors, key employees. | $5,013 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,361 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,678 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,558 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,014 |
| Advertising and promotion | $0 |
| Office expenses | $6,844 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,943 |
| Travel | $1,192 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,260 |
| All other expenses | $0 |
| Total functional expenses | $401,512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $430,843 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $50,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $920 |
| Total assets | $481,763 |
| Accounts payable and accrued expenses | $507 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $507 |
| Net assets without donor restrictions | $481,256 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $481,763 |