Clifton Cultural Arts Center

Analysis

Clifton Cultural Arts Center is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 2006, 20 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, Clifton Cultural Arts Center reported income of $1.3m and spending of $728k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $471k to $1.3m (+180%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 184%. Over the whole period it spent 34% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Clifton Cultural Arts Center sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include North Dakota Cowboy Hall of Fame Inc ($1.3m), Newport Car Museum Inc ($1.3m) and Pathway Publishing Corporation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $130k (18% of expenses). Other salaries and wages came to $173k. At year end it held assets of $8.4m against liabilities of $1.3m, net assets of $7.0m. It reported 12 employees.