Ohio Basketball Museum Foundation

Analysis

Ohio Basketball Museum Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 2005, 21 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, Ohio Basketball Museum Foundation reported income of $66k and spending of $70k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $66k (-15%), an average of -15% a year. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ohio Basketball Museum Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include Coalition for Safeminds ($66k), Nwa History Centre Inc ($66k) and Lander Presents Inc ($66k).

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 $31k against liabilities of $0, net assets of $31k.