Clio Foundation

Analysis

Clio Foundation is a registered charity in United States, based in Leawood, KS. It received its IRS tax-exemption ruling in May 2016, 10 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, Clio Foundation reported income of $78k and spending of $76k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $78k (-11%), an average of -11% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Clio Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within KS. Charities of a similar size with the same main cause include Beechwood Band Boosters Inc ($78k), Get in the Act Arts in Action Inc ($78k) and Barn Theatre ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.