Jayne Wrightsman Irr Trust Xxxxx7008

Analysis

Jayne Wrightsman Irr Trust Xxxxx7008 is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2020, 6 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jayne Wrightsman Irr Trust Xxxxx7008 reported income of $5.7m and spending of $6.7m, spending 117% of what it took in. Across the 5 years on record, from March 2020 to June 2023, income fell from $29.6m to $5.7m (-81%), an average of -34% a year. The sharpest change came in the year to June 2021, when income rose by 294%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jayne Wrightsman Irr Trust Xxxxx7008 sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Negro Leagues Baseball Museum Inc ($5.7m), National Association of Black Journalists ($5.7m) and Winnetka Community House ($5.7m).

Compensation of current officers, directors and key employees was $262k (3.9% of expenses). At year end it held assets of $20.0m against liabilities of $0, net assets of $20.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.