Jemison-Van de Graaff Mansion Foundation

Analysis

Jemison-Van de Graaff Mansion Foundation is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in June 1992, 34 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 2022, Jemison-Van de Graaff Mansion Foundation reported income of $79k and spending of $221k, spending 279% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $235k to $79k (-66%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 61%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jemison-Van de Graaff Mansion Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within AL. Charities of a similar size with the same main cause include Childrens Museum of Klamath Falls ($79k), Iranian American Society of Arizona Inc ($79k) and Dale County Performing Arts Council ($79k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 74% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.