Jacksonville Educators Broadcasting Inc

Analysis

Jacksonville Educators Broadcasting Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in April 1993, 33 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, Jacksonville Educators Broadcasting Inc reported income of $1.6m and spending of $1.9m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $1.6m (-38%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jacksonville Educators Broadcasting Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include National Civic Art Society ($1.6m), Clarksville-Montgomery County Museum ($1.6m) and Portland Youth Philharmonic Association ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 64% of the total. Other salaries and wages came to $132k. At year end it held assets of $3.3m against liabilities of $820, net assets of $3.3m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.