Cuyahoga Valley Art Center

Analysis

Cuyahoga Valley Art Center is a registered charity in United States, based in Cuyahoga FLS, OH. It received its IRS tax-exemption ruling in February 1956, 70 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, Cuyahoga Valley Art Center reported income of $296k and spending of $289k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $197k to $296k (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 71%. 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, Cuyahoga Valley Art Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Newport String Project ($296k), Harbor Theater ($296k) and Natives in Tech Inc ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $77k (27% of expenses). Other salaries and wages came to $73k. At year end it held assets of $305k against liabilities of $106k, net assets of $199k. It reported 17 employees.