Ella Sharp Museum Association of Jackson

Analysis

Ella Sharp Museum Association of Jackson is a registered charity in United States, based in Jackson, MI. It received its IRS tax-exemption ruling in June 1965, 61 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ella Sharp Museum Association of Jackson reported income of $531k and spending of $1.5m, spending 276% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $531k (-60%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 60%. Over the whole period it spent 121% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ella Sharp Museum Association of Jackson sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Sitka Music Festival Inc ($531k), Twin Cities International Film Festival ($531k) and Burlington Riverfront Entertainment ($531k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $109k (7.4% of expenses). Other salaries and wages came to $483k. At year end it held assets of $7.0m against liabilities of $76k, net assets of $7.0m. It reported 26 employees.