The Piqua Arts Council

Analysis

The Piqua Arts Council is a registered charity in United States, based in Piqua, OH. It received its IRS tax-exemption ruling in February 1998, 28 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, The Piqua Arts Council reported income of $338k and spending of $276k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $426k to $338k (-21%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 47% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Piqua Arts Council sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Mitchell Street Arts Collaborative Incorporated ($338k), 100th Bomb Group Foundation Inc ($338k) and Community Arts & Empowerment ($338k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $52k (19% of expenses). Other salaries and wages came to $42k. At year end it held assets of $873k against liabilities of $21k, net assets of $851k. It reported 6 employees.