The Frank M Johnson Jr Institute

Analysis

The Frank M Johnson Jr Institute is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in December 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, The Frank M Johnson Jr Institute reported income of $196k and spending of $317k, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $223k to $196k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2022, when income rose by 130%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Frank M Johnson Jr Institute sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within AL. Charities of a similar size with the same main cause include Route 66 the Road Ahead Initiative NFP ($196k), Scituate Library Foundation Inc ($196k) and Colonial Center ($196k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $315k against liabilities of $8,204, net assets of $307k.