Joslyn Castle and Garden

Analysis

Joslyn Castle and Garden is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 1994, 32 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 December 2023, Joslyn Castle and Garden reported income of $1.3m and spending of $997k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $639k to $1.3m (+109%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 55%. 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, Joslyn Castle and Garden sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NE. Charities of a similar size with the same main cause include Central New York Community Arts Council Inc ($1.3m), Theatre Three Productions Inc ($1.3m) and Cascade School of Music ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $104k (10% of expenses). Other salaries and wages came to $317k. At year end it held assets of $1.3m against liabilities of $253k, net assets of $1.1m. It reported 17 employees.