Jackson Symphony League Inc

Analysis

Jackson Symphony League Inc is a registered charity in United States, based in Jackson, TN. It received its IRS tax-exemption ruling in March 1989, 37 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 June 2024, Jackson Symphony League Inc reported income of $181k and spending of $152k, spending 84% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $154k to $181k (+17%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jackson Symphony League Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within TN. Charities of a similar size with the same main cause include Sul Ross State University Friends of the Ctr for Big Bend Studies ($181k), New Vintage Baroque Inc ($181k) and Korean Christians for Shalom Jerusalem a NJ Nonprofit Corporati ($181k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 3.5% of the total. At year end it held assets of $274k against liabilities of $146k, net assets of $128k.