Marian Cheek Jackson Center

Analysis

Marian Cheek Jackson Center is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in July 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 June 2023, Marian Cheek Jackson Center reported income of $750k and spending of $728k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $661k to $750k (+14%), an average of +4.3% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marian Cheek Jackson Center sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include The Perlman Music Program Suncoast Inc ($750k), Friends of the Garden Theater ($750k) and Nolan Ryan Foundation ($750k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $125k (17% of expenses). Other salaries and wages came to $361k. At year end it held assets of $751k against liabilities of $107k, net assets of $644k. It reported 18 employees.