Cincinnati Preservation Association

Analysis

Cincinnati Preservation Association is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in April 1964, 62 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, Cincinnati Preservation Association reported income of $515k and spending of $519k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $515k (-56%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cincinnati Preservation Association sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include CTSB Corp ($515k), Theater in the Round Players ($515k) and Greenville Museum of Art Inc ($515k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $98k (19% of expenses). Other salaries and wages came to $134k. At year end it held assets of $7.6m against liabilities of $215k, net assets of $7.4m. It reported 7 employees.