Scott Joplin Foundation of Sedalia Mo Inc

Analysis

Scott Joplin Foundation of Sedalia Mo Inc is a registered charity in United States, based in Sedalia, MO. It received its IRS tax-exemption ruling in March 1983, 43 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 September 2023, Scott Joplin Foundation of Sedalia Mo Inc reported income of $163k and spending of $107k, leaving 34% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $91k to $163k (+79%), an average of +79% a year. The sharpest change came in the year to September 2023, when income rose by 79%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Scott Joplin Foundation of Sedalia Mo Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within MO. Charities of a similar size with the same main cause include Rosenwald Park Campaign ($163k), Fire & Light Productions Inc ($163k) and Carmel International Arts Festival ($162k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $139k against liabilities of $490, net assets of $139k.