Patrons of the Arts in the Vatican Museums of Ohio

Analysis

Patrons of the Arts in the Vatican Museums of Ohio is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 2005, 21 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, Patrons of the Arts in the Vatican Museums of Ohio reported income of $196k and spending of $402k, spending 205% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $196k (+54%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 204%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Patrons of the Arts in the Vatican Museums of Ohio sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Black Girl Rising Inc ($196k), Pine Orchard Union Chapel Inc ($196k) and True Soul Media Group ($196k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 125% of the total. At year end it held assets of $122k against liabilities of $1,410, net assets of $121k.