Preble County Art Association Inc

Analysis

Preble County Art Association Inc is a registered charity in United States, based in Eaton, OH. It received its IRS tax-exemption ruling in June 1988, 38 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 August 2023, Preble County Art Association Inc reported income of $156k and spending of $245k, spending 157% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income fell from $294k to $156k (-47%), an average of -19% a year. The sharpest change came in the year to August 2021, when income rose by 92%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Preble County Art Association Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Bioethics International Inc ($156k), East Coast Contemporary Ballet Company ($156k) and Greater Buffalo Sports Hall of Fame Inc ($156k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 56% and program service revenue 47% of the total. Other salaries and wages came to $97k. At year end it held assets of $1.9m against liabilities of $13k, net assets of $1.8m. It reported 4 employees.