Artspace Century Endowment Fund Inc

Analysis

Artspace Century Endowment Fund Inc is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Artspace Century Endowment Fund Inc reported income of $211k and spending of $65k, leaving 69% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.1m to $211k (-80%), an average of -42% a year. The sharpest change came in the year to December 2023, when income rose by 801%. Over the whole period it spent 11% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artspace Century Endowment Fund Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Cooperstown Art Association ($211k), Greater Oneonta Historical Society ($211k) and Health World Education Ltd ($211k).

At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.