MJM Youth Performing Arts Center Inc

Analysis

MJM Youth Performing Arts Center Inc is a registered charity in United States, based in Florence, KY. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, MJM Youth Performing Arts Center Inc reported income of $76k and spending of $55k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $77k to $76k (-1.0%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 188%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, MJM Youth Performing Arts Center Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within KY. Charities of a similar size with the same main cause include Sport Friends Soccer Club ($76k), Skokie Valley Skating Club ($76k) and Canandaigua Jr Baseball Inc ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.