Friends of Mary Riepma Ross Media Arts Center Inc

Analysis

Friends of Mary Riepma Ross Media Arts Center Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in March 1982, 44 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 June 2024, Friends of Mary Riepma Ross Media Arts Center Inc reported income of $106k and spending of $81k, leaving 24% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $70k to $106k (+52%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 88%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Mary Riepma Ross Media Arts Center Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NE. Charities of a similar size with the same main cause include Paintsville Lake Historical Association ($106k), North Coast Cultural Association Inc ($106k) and St Kieran Community Center for the Arts ($106k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.