Majolica International Society

Analysis

Majolica International Society is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in April 1996, 30 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 December 2023, Majolica International Society reported income of $87k and spending of $11k, leaving 87% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $24k to $87k (+265%), an average of +265% a year. The sharpest change came in the year to December 2023, when income rose by 265%. Over the whole period it spent 27% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Majolica International Society sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include El Paso Holocaust Museum Foundation ($87k), Kicks Band of Fargo Moorhead ($87k) and The Artist Book Foundation ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $223k against liabilities of $0, net assets of $223k.