Northeast Ohio Center for Choreography

Analysis

Northeast Ohio Center for Choreography is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in December 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 June 2023, Northeast Ohio Center for Choreography reported income of $1.5m and spending of $1.0m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $397k to $1.5m (+277%), an average of +39% a year. The sharpest change came in the year to June 2020, when income rose by 359%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northeast Ohio Center for Choreography sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Arts & Cultural Authority of Claxton and Evans County ($1.5m), New Candlelight Productions Inc ($1.5m) and Earth Echo International Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $116k (11% of expenses). Other salaries and wages came to $178k. At year end it held assets of $1.6m against liabilities of $183, net assets of $1.6m. It reported 7 employees.