The American Ceramic Society Inc

Analysis

The American Ceramic Society Inc is a registered charity in United States, based in Westerville, OH. It received its IRS tax-exemption ruling in July 1982, 44 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 December 2023, The American Ceramic Society Inc reported income of $8.8m and spending of $7.4m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.3m to $8.8m (+5.7%), an average of +1.4% a year. The sharpest change came in the year to December 2022, when income rose by 33%. 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, The American Ceramic Society Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Elaine Kaufman Cultural Center-Lucy Moses School for Music and Dance ($8.7m), Scratch Foundation ($8.8m) and Forward Assoc Inc ($8.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $719k (9.7% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $16.4m against liabilities of $3.3m, net assets of $13.1m. It reported 38 employees.