AArts, Culture & HumanitiesEIN: 262810489· Ruling Year: 2009

Wnet

New York, New York

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 41 peers in Arts, Culture & Humanities with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.61×
Peer Median4.86×
💰
$111.1M
Total Revenue
📊
$133.3M
Total Expenses
🏦
$347.9M
Net Assets
📋
$39.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-27.4%
Year-over-year change (2022 → 2023)
Net Margin
-20.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.61
Net assets divided by total expenses
Liabilities-to-Assets
10.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$111,051,97527%$133,281,8951%$386,897,7775%
2022$152,882,83011%$131,810,61814%$368,893,1863%
2021$138,010,8386%$115,656,8716%$380,253,48519%
2020$130,511,15410%$123,664,9097%$318,236,3954%
2019$118,987,34722%$132,574,60814%$306,785,1483%
2018$153,103,3369%$116,530,4885%$317,512,16713%
2017$140,875,82019%$122,370,2247%$281,481,54712%
2016$118,580,87820%$114,579,42711%$252,237,476
2015$148,005,9283%$128,115,6531%$251,779,2243%
2014$144,358,605625%$127,094,889216%$245,087,4028%
2013$19,920,37026%$40,180,2243%$226,191,11614%
2012$26,965,3733%$41,540,6426%$199,160,7174%
2011$27,886,791$44,140,294$191,368,786

Frequently Asked Questions

What does Wnet do?

Wnet is a arts, culture & humanities nonprofit organization based in New York. It is classified under NTEE code A32 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Wnet financially healthy?

Based on our 9-metric Financial Health Score model, Wnet has a score of 65/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Wnet generate?

Wnet reports $138.4M in annual revenue and holds $408.9M in total assets, based on IRS filings.

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