Womans Art Club of Cincinnati Foundation

Analysis

Womans Art Club of Cincinnati Foundation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 2007, 19 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, Womans Art Club of Cincinnati Foundation reported income of $147k and spending of $217k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $243k to $147k (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Womans Art Club of Cincinnati Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OH. Charities of a similar size with the same main cause include Ballet Etudes ($147k), Puget Sound Antique Tractor and Machinery Association ($147k) and West Ridge High School Band Parents Organization Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $39k (18% of expenses). At year end it held assets of $1.1m against liabilities of $951, net assets of $1.1m. It reported 2 employees.