Joslyn Art Museum Foundation

Analysis

Joslyn Art Museum Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Joslyn Art Museum Foundation reported income of $9.8m and spending of $2.7m, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.0m to $9.8m (+96%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 425%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Joslyn Art Museum Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within NE. Charities of a similar size with the same main cause include The Auditory Oral School of New York ($9.8m), Fresno Christian Schools ($9.8m) and Roycemore School ($9.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $219k (8.1% of expenses). At year end it held assets of $68.4m against liabilities of $2.4m, net assets of $66.0m.