Greater Columbus Arts Council Inc

Analysis

Greater Columbus Arts Council Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in October 1974, 52 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, Greater Columbus Arts Council Inc reported income of $26.0m and spending of $24.9m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.3m to $26.0m (+111%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greater Columbus Arts Council 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 American Association for Laboratory Accreditation ($26.0m), Horace Bushnell Memorial Hall Corporation ($26.1m) and Arts Center and Theater of Schenectady Inc ($25.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $564k (2.3% of expenses). Other salaries and wages came to $1.1m. It paid $34k in professional fundraising fees. At year end it held assets of $18.4m against liabilities of $5.4m, net assets of $13.0m. It reported 18 employees.