The Community Arts Institute Inc

Analysis

The Community Arts Institute Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 2002, 24 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 Community Arts Institute Inc reported income of $74k and spending of $76k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $70k to $74k (+5.3%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 71% 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 Community Arts Institute Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include Iredell Concert Association ($74k), Farpoint Foundation ($74k) and Academy of Dance and Creative Arts Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $223k against liabilities of $0, net assets of $223k.