Friends of the Jefferson Patterson Park and Museum Inc

Analysis

Friends of the Jefferson Patterson Park and Museum Inc is a registered charity in United States, based in Saint Leonard, MD. It received its IRS tax-exemption ruling in March 1986, 40 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, Friends of the Jefferson Patterson Park and Museum Inc reported income of $51k and spending of $62k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $51k (+1.7%), an average of +1.7% a year. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Jefferson Patterson Park and Museum Inc 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 22nd percentile within MD. Charities of a similar size with the same main cause include Jasper County Museum Foundation ($51k), Curious Society ($51k) and Musicfest Northwest ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 20% of the total. At year end it held assets of $107k against liabilities of $9,052, net assets of $98k.