Portsmouth Murals Inc

Analysis

Portsmouth Murals Inc is a registered charity in United States, based in Portsmouth, OH. It received its IRS tax-exemption ruling in September 1993, 33 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, Portsmouth Murals Inc reported income of $90k and spending of $25k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $90k (+75%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 754%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Portsmouth Murals Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within OH. Charities of a similar size with the same main cause include Inversion Ensemble Inc ($90k), Northern New Mexico Regional Art Center ($90k) and Mid-Ohio Valley Symphony Society Inc ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 0.8% of the total. At year end it held assets of $275k against liabilities of $15k, net assets of $260k.