Jack Straw Foundation

Analysis

Jack Straw Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 1965, 61 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 June 2023, Jack Straw Foundation reported income of $560k and spending of $562k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $723k to $560k (-23%), an average of -6.2% a year. The sharpest change came in the year to June 2020, when income dropped by 25%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jack Straw Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include California Mid-Winter Fair Heritage Foundation ($560k), Finger Lakes Boating Museum ($560k) and Submarine Force Library & Museum Assoc ($560k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $96k (17% of expenses). Other salaries and wages came to $191k. At year end it held assets of $1.5m against liabilities of $215k, net assets of $1.3m. It reported 11 employees.