Jasper County Museum Foundation

Analysis

Jasper County Museum Foundation is a registered charity in United States, based in Newton, IA. It received its IRS tax-exemption ruling in April 2006, 20 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, Jasper County Museum Foundation reported income of $51k and spending of $54k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $43k to $51k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jasper County Museum Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within IA. Charities of a similar size with the same main cause include Musicfest Northwest ($51k), Friends of the Jefferson Patterson Park and Museum Inc ($51k) and Alta District Historial Societyinc ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $670k against liabilities of $0, net assets of $670k.