Firefish Arts Inc

Analysis

Firefish Arts Inc is a registered charity in United States, based in Lorain, OH. It received its IRS tax-exemption ruling in February 2019, 7 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, Firefish Arts Inc reported income of $186k and spending of $210k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $153k to $186k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Firefish Arts Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include Black Earth Childrens Museum Inc ($186k), The Plaza Theatre Inc ($186k) and Carnegie Picture Lab ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.3% of the total. At year end it held assets of $25k against liabilities of $21k, net assets of $3,835.