Jefferson Matters Main Street

Analysis

Jefferson Matters Main Street is a registered charity in United States, based in Jefferson, IA. It received its IRS tax-exemption ruling in February 2013, 13 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 December 2023, Jefferson Matters Main Street reported income of $380k and spending of $392k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $242k to $380k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jefferson Matters Main Street sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within IA. Charities of a similar size with the same main cause include Water Street Glassworks ($380k), Corning Elmira Musical Arts ($380k) and Agni Foundation for the Arts ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $66k. At year end it held assets of $259k against liabilities of $0, net assets of $259k.