Fairfield Tempo Club

Analysis

Fairfield Tempo Club is a registered charity in United States, based in Fairfield, OH. It received its IRS tax-exemption ruling in July 2022, 4 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 June 2023, Fairfield Tempo Club reported income of $594k and spending of $511k, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $653k to $594k (-9.0%), an average of -3.1% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fairfield Tempo Club sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Artpop ($594k), Christian Broadcasting Company ($594k) and Davis Community Television ($594k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 71% of the total. At year end it held assets of $266k against liabilities of $0, net assets of $266k.