Old Jail Art Center

Analysis

Old Jail Art Center is a registered charity in United States, based in Albany, TX. It received its IRS tax-exemption ruling in October 1980, 46 years ago. 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, Old Jail Art Center reported income of $1.4m and spending of $841k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.4m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Old Jail Art Center sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Christian City of Florida Inc ($1.4m), The National Institute for Science Law and Public Policy Inc ($1.4m) and Woody Williams Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. Other salaries and wages came to $287k. At year end it held assets of $25.7m against liabilities of $43k, net assets of $25.6m.