99treasures Arts & Culture

Analysis

99treasures Arts & Culture is a registered charity in United States, based in Beachwood, OH. It received its IRS tax-exemption ruling in August 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 (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, 99treasures Arts & Culture reported income of $147k and spending of $144k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $148k to $147k (-0.8%), an average of -0.8% a year. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 99treasures Arts & Culture sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OH. Charities of a similar size with the same main cause include Marshall County Arts Cooperative ($147k), Hyperreal Film Club ($147k) and Ellensburg Rodeo Hall of Fame Association ($147k).

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 $3,757 against liabilities of $1,110, net assets of $2,647.