Decorative Arts Center of Ohio

Analysis

Decorative Arts Center of Ohio is a registered charity in United States, based in Lancaster, OH. It received its IRS tax-exemption ruling in September 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, Decorative Arts Center of Ohio reported income of $769k and spending of $614k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $643k to $769k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Decorative Arts Center of Ohio sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Foundation for Rational Economics and Education Inc ($769k), Fellows of Contemporary Art ($770k) and Five Points Music Foundation ($769k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $67k (11% of expenses). Other salaries and wages came to $123k. At year end it held assets of $2.9m against liabilities of $155k, net assets of $2.8m. It reported 7 employees.