Cincinnati Baseball Museum

Analysis

Cincinnati Baseball Museum is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 2004, 22 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, Cincinnati Baseball Museum reported income of $5.1m and spending of $3.0m, leaving 42% of income unspent that year. Across the 6 years on record, from October 2019 to December 2023, income grew from $3.3m to $5.1m (+56%), an average of +9.3% a year. The sharpest change came in the year to December 2023, when income rose by 184%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cincinnati Baseball Museum sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Z Space Studio ($5.1m), Queens Public Communications Corporation ($5.1m) and Museum of Latin American Art ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $190k (6.4% of expenses). Other salaries and wages came to $587k. At year end it held assets of $6.0m against liabilities of $3.9m, net assets of $2.1m. It reported 36 employees.