Riverside Art Center

Analysis

Riverside Art Center is a registered charity in United States, based in Wapakoneta, OH. It received its IRS tax-exemption ruling in October 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 June 2024, Riverside Art Center reported income of $125k and spending of $119k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $113k to $125k (+11%), an average of +11% a year. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Riverside Art Center sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include Ojai Playwrights Conference ($125k), Community Childrens Theatre ($125k) and Scientific Investigation & Instruction Institute ($125k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.5% and program service revenue 88% of the total. At year end it held assets of $56k against liabilities of $178, net assets of $55k.