Omaha Jitterbugs

Analysis

Omaha Jitterbugs is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in November 2010, 16 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, Omaha Jitterbugs reported income of $89k and spending of $117k, spending 130% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $84k to $89k (+7.0%), an average of +3.4% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Omaha Jitterbugs sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within NE. Charities of a similar size with the same main cause include Arts Council of Thayer County ($89k), Hawaiian Music and Dance Foundation ($89k) and Almasi Arts Alliance ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $6,961 against liabilities of $0, net assets of $6,961.