Cincinnati Art Club

Analysis

Cincinnati Art Club is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in October 1954, 72 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 April 2024, Cincinnati Art Club reported income of $191k and spending of $53k, leaving 72% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $169k to $191k (+13%), an average of +3.1% a year. The sharpest change came in the year to April 2024, when income rose by 251%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cincinnati Art Club sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Art for the Soul Art Gallery Inc ($191k), Miami Biennale Inc ($191k) and Hanford Reach Interpretive Center ($191k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 68% and program service revenue 54% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.