Vocal Arts Ensemble of Cincinnati

Analysis

Vocal Arts Ensemble of Cincinnati is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in December 1978, 48 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 June 2024, Vocal Arts Ensemble of Cincinnati reported income of $239k and spending of $313k, spending 131% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $236k to $239k (+1.4%), an average of +0.3% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vocal Arts Ensemble of Cincinnati sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include Medway Cable Access Corporation ($239k), Connecticut Choral Artists Inc ($239k) and Tampa Metropolitan Youth Orchestra Inc ($239k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $111k against liabilities of $5,506, net assets of $106k.