Jackson Symphony Orchestra Association

Analysis

Jackson Symphony Orchestra Association is a registered charity in United States, based in Jackson, MI. It received its IRS tax-exemption ruling in March 1977, 49 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 June 2023, Jackson Symphony Orchestra Association reported income of $1.5m and spending of $1.6m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.5m (-12%), an average of -3.1% a year. The sharpest change came in the year to June 2022, when income rose by 267%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jackson Symphony Orchestra Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include National Information Standards Organization Z39 ($1.5m), Association for Clinical and Translational Science ($1.5m) and Front Porch Cville ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $209k (13% of expenses). Other salaries and wages came to $246k. At year end it held assets of $1.6m against liabilities of $121k, net assets of $1.5m. It reported 12 employees.