Franklinton Arts District

Analysis

Franklinton Arts District is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in March 2015, 11 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, Franklinton Arts District reported income of $894k and spending of $914k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $168k to $894k (+431%), an average of +130% a year. The sharpest change came in the year to December 2023, when income rose by 201%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Franklinton Arts District sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Institute for Palestine Studies USA Inc ($893k), Miami-Dade North Arts & Humanities Foundation Inc ($894k) and Dobama Theatre Inc ($893k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.