Ohio Federation of Music Clubs

Analysis

Ohio Federation of Music Clubs is a registered charity in United States, based in Ashland, OH. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ohio Federation of Music Clubs reported income of $81k and spending of $55k, leaving 31% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $88k to $81k (-8.1%), an average of -8.1% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ohio Federation of Music Clubs sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within OH. Charities of a similar size with the same main cause include Playing with Fire ($80k), Natyaveda ($81k) and Fieldale Heritage Inc ($80k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 74% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.