The Clemente Collection at Engine House 25

Analysis

The Clemente Collection at Engine House 25 is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 2008, 18 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, The Clemente Collection at Engine House 25 reported income of $1.5m and spending of $1.2m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $639k to $1.5m (+138%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 159%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Clemente Collection at Engine House 25 sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Auburn Public Theater Inc ($1.5m), Tibbits Opera Foundation and Arts Council Inc ($1.5m) and 24th Street Theatre Company ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 13% of the total. Other salaries and wages came to $178k. At year end it held assets of $1.9m against liabilities of $64k, net assets of $1.8m. It reported 16 employees.