Just Enterprises Inc

Analysis

Just Enterprises Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in August 1991, 35 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Just Enterprises Inc reported income of $263k and spending of $282k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $263k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Just Enterprises Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within KY. Charities of a similar size with the same main cause include Charlevoix Circle of Arts ($263k), Wilkes Art Gallery Inc ($263k) and Theatrezone Inc ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. Compensation of current officers, directors and key employees was $65k (23% of expenses). Other salaries and wages came to $67k. At year end it held assets of $257k against liabilities of $47k, net assets of $210k. It reported 6 employees.