Robert Oneal Multicultural Arts Center

Analysis

Robert Oneal Multicultural Arts Center is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in September 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, Robert Oneal Multicultural Arts Center reported income of $383k and spending of $315k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $166k to $383k (+130%), an average of +130% a year. The sharpest change came in the year to December 2023, when income rose by 130%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Robert Oneal Multicultural Arts Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Southern California Streets Initiative ($383k), Unangax Heritage Association Inc ($383k) and McPherson Museum and Arts Foundation ($383k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $21k (6.5% of expenses). It paid $47k in professional fundraising fees. At year end it held assets of $267k against liabilities of $0, net assets of $267k. It reported 1 employees.