Policy Matters Ohio

Analysis

Policy Matters Ohio is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover social science, 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, Policy Matters Ohio reported income of $2.3m and spending of $1.4m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.3m (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Policy Matters Ohio sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Musicians Hall of Fame and Museum ($2.3m), Lexington Theatre Company ($2.3m) and Lubbock Experience Incorporated ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $115k (8.3% of expenses). Other salaries and wages came to $784k. At year end it held assets of $3.3m against liabilities of $28k, net assets of $3.2m. It reported 22 employees.