Cincinnati Union Cooperative Initiative

Analysis

Cincinnati Union Cooperative Initiative is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 2013, 13 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 June 2023, Cincinnati Union Cooperative Initiative reported income of $758k and spending of $784k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $370k to $758k (+105%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cincinnati Union Cooperative Initiative sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Cane River National Heritage Area Inc ($758k), Sioux City Lewis & Clark Interpretive Center ($758k) and Pearl Arts Movement and Sound ($758k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $122k (16% of expenses). Other salaries and wages came to $188k. At year end it held assets of $232k against liabilities of $2,036, net assets of $230k. It reported 8 employees.