Jackson School of the Arts Association
Analysis
Jackson School of the Arts Association is a registered charity in United States, based in Jackson, MI. It received its IRS tax-exemption ruling in September 2001, 25 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending August 2024, Jackson School of the Arts Association reported income of $1.1m and spending of $1.0m, spending 98% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $625k to $1.1m (+68%), an average of +14% a year. The sharpest change came in the year to August 2021, when income rose by 133%. Over the whole period it spent 62% 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 School of the Arts Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Timpanogos Arts Foundation ($1.1m), Atlantic Center for the Arts Inc ($1.1m) and McAuliffe-Shepard Discovery Center Corporation ($1.1m).
On its Form 990 for the period ending August 2024, revenue came from contributions and grants 34% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $84k (8.1% of expenses). Other salaries and wages came to $530k. At year end it held assets of $4.1m against liabilities of $104k, net assets of $4.0m. It reported 66 employees.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Program services 57%
- Other 8.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Timpanogos Arts Foundation | American Fork | $1.1m |
| Atlantic Center for the Arts Inc | New Smyrna | $1.1m |
| McAuliffe-Shepard Discovery Center Corporation | Concord | $1.1m |
| Walter Anderson Museum of Art Incorporated | Ocean Springs | $1.1m |