Horace Kelley Art Foundation

Analysis

Horace Kelley Art Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 1942, 84 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Horace Kelley Art Foundation reported income of $431k and spending of $367k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $904k to $431k (-52%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Horace Kelley Art Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include International STEM League Inc ($431k), The Mahea Uchiyama Center for International Dance ($432k) and Fine Art Miracles Inc ($431k).

At year end it held assets of $11.9m against liabilities of $0, net assets of $11.9m.