Apollos Fire Baroque

Analysis

Apollos Fire Baroque is a registered charity in United States, based in Cleveland HTS, OH. It received its IRS tax-exemption ruling in September 1992, 34 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 July 2023, Apollos Fire Baroque reported income of $2.7m and spending of $2.7m, spending 99% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.3m to $2.7m (+20%), an average of +4.7% a year. The sharpest change came in the year to July 2022, when income rose by 76%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Apollos Fire Baroque sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Strings Music Festival ($2.7m), Molecular Sciences Research Center Inc ($2.7m) and Creative Arkansas Community and Exchange Inc Cache ($2.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 61% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $110k (4.0% of expenses). Other salaries and wages came to $489k. At year end it held assets of $2.1m against liabilities of $190k, net assets of $2.0m. It reported 16 employees.