Columbus Association for the Performing Arts Inc

Analysis

Columbus Association for the Performing Arts Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in May 1969, 57 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 June 2023, Columbus Association for the Performing Arts Inc reported income of $29.9m and spending of $25.2m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.8m to $29.9m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income rose by 398%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Columbus Association for the Performing Arts Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Perot Museum of Nature and Science ($29.9m), Ohio History Connection ($29.9m) and The Venetoulis Institute for Local Journalism ($29.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $832k (3.3% of expenses). Other salaries and wages came to $8.1m. At year end it held assets of $67.7m against liabilities of $6.2m, net assets of $61.5m. It reported 669 employees.