Sharonville Fine Arts Council Inc

Analysis

Sharonville Fine Arts Council Inc is a registered charity in United States, based in Sharonville, OH. It received its IRS tax-exemption ruling in December 2002, 24 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, Sharonville Fine Arts Council Inc reported income of $187k and spending of $177k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $156k to $187k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sharonville Fine Arts Council Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Off Broadway Theatre Inc ($187k), Laguna Radio Inc ($187k) and Fall for the Book Inc ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $661k against liabilities of $308k, net assets of $353k.