Museum of Ceramics Foundation

Analysis

Museum of Ceramics Foundation is a registered charity in United States, based in E Liverpool, OH. It received its IRS tax-exemption ruling in September 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, Museum of Ceramics Foundation reported income of $125k and spending of $135k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $109k to $125k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income rose by 363%. Over the whole period it spent 52% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum of Ceramics Foundation 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 American Karachai-Kavkaz Benevolent Association Inc ($125k), Alwan Foundation Inc ($125k) and Quiltfest Inc of Jacksonville Florida ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $40k (30% of expenses). Other salaries and wages came to $35k. At year end it held assets of $1.0m against liabilities of $2,883, net assets of $1.0m. It reported 8 employees.