First Night Morris Inc

Analysis

First Night Morris Inc is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in February 1994, 32 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 February 2024, First Night Morris Inc reported income of $134k and spending of $132k, spending 99% of its income. Across the 2 years on record, from February 2023 to February 2024, income fell from $148k to $134k (-9.5%), an average of -9.5% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, First Night Morris Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 52nd percentile within NJ. Charities of a similar size with the same main cause include International Commission on Radi- Ation Units and Measurements Inc ($134k), Kentucky Author Forum Inc ($134k) and Olympic Flight Museum ($134k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $83k against liabilities of $45k, net assets of $38k.