Artists Archives of the Western Reserve

Analysis

Artists Archives of the Western Reserve is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in December 1997, 29 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, Artists Archives of the Western Reserve reported income of $397k and spending of $305k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $527k to $397k (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2023, when income rose by 668%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artists Archives of the Western Reserve sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Concrete Couch ($397k), Beck Cultural Exchange Center Inc ($397k) and Wirth Center for the Performing Arts ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $145k. At year end it held assets of $2.0m against liabilities of $7,518, net assets of $1.9m. It reported 6 employees.