Josephy Center for Arts and Culture

Analysis

Josephy Center for Arts and Culture is a registered charity in United States, based in Joseph, OR. It received its IRS tax-exemption ruling in October 2012, 14 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 June 2023, Josephy Center for Arts and Culture reported income of $489k and spending of $495k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $435k to $489k (+12%), an average of +4.0% a year. The sharpest change came in the year to June 2021, when income rose by 293%. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Josephy Center for Arts and Culture sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OR. Charities of a similar size with the same main cause include Foundation to Advance Jazz ($489k), Divan Cultural Center ($489k) and Revere Community Media Center ($489k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 116% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $59k (12% of expenses). Other salaries and wages came to $220k. At year end it held assets of $1.8m against liabilities of $6,008, net assets of $1.8m. It reported 15 employees.