Historic Southwest Ohio Inc

Analysis

Historic Southwest Ohio Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in September 1984, 42 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, Historic Southwest Ohio Inc reported income of $424k and spending of $335k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $361k to $424k (+18%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Southwest Ohio Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Oregon Symphony Association in Salem ($424k), National Museum of Americans in Wartime ($424k) and Ree & Jun Kaneko Foundation ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $54k (16% of expenses). Other salaries and wages came to $99k. At year end it held assets of $777k against liabilities of $95k, net assets of $681k. It reported 13 employees.