North Central Ohio Industrial Museum

Analysis

North Central Ohio Industrial Museum is a registered charity in United States, based in Mansfield, OH. It received its IRS tax-exemption ruling in January 2015, 11 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, North Central Ohio Industrial Museum reported income of $57k and spending of $60k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $57k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Central Ohio Industrial Museum sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within OH. Charities of a similar size with the same main cause include Village Potters Guild Inc ($57k), Centerstage Band and Show Choir Inc ($57k) and Sweet Adelines International ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 111% of the total. At year end it held assets of $318k against liabilities of $0, net assets of $318k.