Marty Stuart Center Inc

Analysis

Marty Stuart Center Inc is a registered charity in United States, based in Philadelphia, MS. It received its IRS tax-exemption ruling in July 2015, 11 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, Marty Stuart Center Inc reported income of $3.7m and spending of $1.7m, leaving 55% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $395k to $3.7m (+836%), an average of +75% a year. The sharpest change came in the year to September 2021, when income rose by 995%. Over the whole period it spent 22% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marty Stuart Center Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within MS. Charities of a similar size with the same main cause include University Industry Demonstration Partnership Inc ($3.7m), Massachusetts Historical Society ($3.7m) and Mississippi Museum of Art Inc ($3.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Other salaries and wages came to $124k. At year end it held assets of $11.6m against liabilities of $95k, net assets of $11.5m. It reported 5 employees.