Art Jewelry Forum
Analysis
Art Jewelry Forum is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in September 2000, 26 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, Art Jewelry Forum reported income of $475k and spending of $434k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $475k (+98%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 83% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art Jewelry Forum sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include French American Museum Exchange Inc ($474k), Comedy Gives Back ($475k) and Railroad Museum of South Florida Incorporated ($474k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $82k (19% of expenses). Other salaries and wages came to $50k. At year end it held assets of $487k against liabilities of $15k, net assets of $471k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 45%
- Program services 54%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| French American Museum Exchange Inc | Essex | $474k |
| Comedy Gives Back | Venice | $475k |
| Railroad Museum of South Florida Incorporated | Fort Myers | $474k |
| National Association of Blacks in Criminal Justice Inc | Durham | $475k |