Greater Port Clinton Area Arts Council

Analysis

Greater Port Clinton Area Arts Council is a registered charity in United States, based in Port Clinton, OH. It received its IRS tax-exemption ruling in February 2014, 12 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 December 2023, Greater Port Clinton Area Arts Council reported income of $270k and spending of $112k, leaving 58% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $212k to $270k (+27%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 35% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greater Port Clinton Area Arts Council 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 60th percentile within OH. Charities of a similar size with the same main cause include Hip Kids Inc ($270k), The Little Exchange Inc ($270k) and Ethnic Education Hawaii ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $501k against liabilities of $0, net assets of $501k.