Friends of Sheldon Jackson Museum

Analysis

Friends of Sheldon Jackson Museum is a registered charity in United States, based in Sitka, AK. It received its IRS tax-exemption ruling in June 1987, 39 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, Friends of Sheldon Jackson Museum reported income of $67k and spending of $40k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $67k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 51% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Sheldon Jackson Museum sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 22nd percentile within AK. Charities of a similar size with the same main cause include Friends of the Ohio Theatre ($67k), Portland Civic Players Inc ($67k) and Henderson Heritage & Tourism ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.9% of the total. At year end it held assets of $226k against liabilities of $0, net assets of $226k.