Mourning Hope

Analysis

Mourning Hope is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in August 1995, 31 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, Mourning Hope reported income of $887k and spending of $685k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $887k (-49%), an average of -15% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mourning Hope sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NE. Charities of a similar size with the same main cause include National New Play Network Ltd ($887k), Lane Arts Council ($887k) and Balletcollective Inc ($886k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $102k (15% of expenses). Other salaries and wages came to $272k. At year end it held assets of $4.4m against liabilities of $40k, net assets of $4.3m. It reported 6 employees.