Jupiter Island Arts Council

Analysis

Jupiter Island Arts Council is a registered charity in United States, based in Hobe Sound, FL. It received its IRS tax-exemption ruling in April 2019, 7 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, Jupiter Island Arts Council reported income of $252k and spending of $146k, leaving 42% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.0m to $252k (-75%), an average of -50% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 16% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jupiter Island Arts Council sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Bar Harbor Festival Corporation ($252k), About Productions ($252k) and Italian Heritage Celebration Inc ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 14% of the total. Other salaries and wages came to $56k. At year end it held assets of $1.5m against liabilities of $5,005, net assets of $1.5m. It reported 1 employees.