Firelands Assn for the Visual Arts

Analysis

Firelands Assn for the Visual Arts is a registered charity in United States, based in Oberlin, OH. It received its IRS tax-exemption ruling in September 1979, 47 years ago. 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 August 2023, Firelands Assn for the Visual Arts reported income of $308k and spending of $296k, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $298k to $308k (+3.4%), an average of +0.8% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Firelands Assn for the Visual Arts sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Es Veterans Association Inc ($308k), The Michigan Center for Civic Education ($308k) and Peter Pan Nursery School ($308k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $71k (24% of expenses). Other salaries and wages came to $115k. At year end it held assets of $221k against liabilities of $27, net assets of $221k. It reported 4 employees.