Ohnward Fine Arts Center

Analysis

Ohnward Fine Arts Center is a registered charity in United States, based in Maquoketa, IA. It received its IRS tax-exemption ruling in December 2001, 25 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 September 2023, Ohnward Fine Arts Center reported income of $274k and spending of $363k, spending 132% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $194k to $274k (+42%), an average of +12% a year. The sharpest change came in the year to September 2023, when income rose by 19%. Over the whole period it spent 121% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ohnward Fine Arts Center sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within IA. Charities of a similar size with the same main cause include American Society of Church History ($274k), Cascades Carnivore Project ($274k) and Three Rivers Carousel Foundation ($274k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 41% and program service revenue 46% of the total. Other salaries and wages came to $77k. At year end it held assets of $1.8m against liabilities of $57k, net assets of $1.7m. It reported 2 employees.