Jamaica Center for Arts and Learning Inc

Analysis

Jamaica Center for Arts and Learning Inc is a registered charity in United States, based in Jamaica, NY. It received its IRS tax-exemption ruling in July 1981, 45 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 June 2023, Jamaica Center for Arts and Learning Inc reported income of $3.6m and spending of $3.0m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.6m (+73%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jamaica Center for Arts and Learning Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Irving S Gilmore International Keyboard Festival ($3.6m), Portland Community Media ($3.6m) and Indiana Railway Museum Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $97k (3.2% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.4m against liabilities of $245k, net assets of $2.1m. It reported 59 employees.