Clio Center for the Arts Inc

Analysis

Clio Center for the Arts Inc is a registered charity in United States, based in Clio, MI. It received its IRS tax-exemption ruling in September 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Clio Center for the Arts Inc reported income of $97k and spending of $95k, spending 98% of its income. Across the 3 years on record, from September 2022 to September 2024, income grew from $60k to $97k (+61%), an average of +27% a year. The sharpest change came in the year to September 2024, when income rose by 112%. Over the whole period it spent 119% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Clio Center for the Arts Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Viva Performing Arts Inc ($97k), Gurdjieff Society of Mass Inc ($97k) and Center for Advanced Musical Studies ($97k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $29k against liabilities of $46k, net assets of -$18k.