Cultural Council of Greater Jacksonville Inc

Analysis

Cultural Council of Greater Jacksonville Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in August 1975, 51 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 September 2023, Cultural Council of Greater Jacksonville Inc reported income of $6.2m and spending of $6.1m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.1m to $6.2m (+99%), an average of +19% a year. The sharpest change came in the year to September 2022, when income rose by 43%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cultural Council of Greater Jacksonville Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Cultural and Heritage Commission of York County ($6.2m), California Film Institute ($6.2m) and Two East Sixty Second Street Foundation ($6.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $117k (1.9% of expenses). Other salaries and wages came to $489k. At year end it held assets of $747k against liabilities of $276k, net assets of $471k. It reported 9 employees.