Jessye Norman School of the Arts
Analysis
Jessye Norman School of the Arts is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 May 2023, Jessye Norman School of the Arts reported income of $850k and spending of $697k, spending 82% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $370k to $850k (+130%), an average of +23% a year. The sharpest change came in the year to May 2023, when income rose by 94%. Over the whole period it spent 102% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jessye Norman School of the Arts sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Woodward Community Foundation ($850k), Watertown Area United Way ($851k) and Mature Resources Foundation ($849k).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 81% and program service revenue 11% of the total. Other salaries and wages came to $306k. At year end it held assets of $1.6m against liabilities of $2,817, net assets of $1.6m. It reported 45 employees.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Program services 11%
- Other 7.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Woodward Community Foundation | Woodward | $850k |
| Watertown Area United Way | Watertown | $851k |
| Mature Resources Foundation | Curwensville | $849k |
| Community Foundation of Kankakee River Valley | Kankakee | $851k |