Summer Jam West Inc

Analysis

Summer Jam West Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in February 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 (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, Summer Jam West Inc reported income of $105k and spending of $99k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $185k to $105k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Summer Jam West Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OH. Charities of a similar size with the same main cause include Southern Nebraska Arts Council ($105k), Midland Street Merchants Association ($105k) and Deccan Cultural Academy Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.