Ohio Performing Arts Institute

Analysis

Ohio Performing Arts Institute is a registered charity in United States, based in Springfield, OH. It received its IRS tax-exemption ruling in March 1996, 30 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, Ohio Performing Arts Institute reported income of $75k and spending of $73k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $75k (+14%), an average of +14% a year. Over the whole period it spent 104% 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 Performing Arts Institute sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within OH. Charities of a similar size with the same main cause include San Gabriel Valley Music Theatre ($75k), Ralston Cider Mill a NJ Nonprofit Corporation ($75k) and Prospect Foundation Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.9% and program service revenue 91% of the total. At year end it held assets of $56k against liabilities of $19k, net assets of $37k.