Arts Impact Incorporated is a 501(c)(3) organization based in Cleveland, Ohio, registered in 2003, with $865,062 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$865K
▲ 7.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$872K
Net assets
$343K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Arts Impact Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Arts Impact Incorporated: 5 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Arts Impact Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Arts Impact Incorporated: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $410K (FY2013) to $865K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-0.8%
Spent more than it raised in the latest fiscal year.
Total assets
$360K
Total liabilities
$17K
Net assets
$343K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $865,062▲7.9% | $872,149▲2.2% | $342,711▼2.0% | $360,149▼3.7% | 990 |
| 2022 | $801,511▼15.2% | $853,623▲1.5% | $349,798▼13.0% | $374,058▼13.9% | 990 |
| 2021 | $945,601▲24.7% | $841,050▲35.8% | $401,910▲35.2% | $434,363▲39.0% | 990 |
| 2020 | $758,343▲39.9% | $619,473▼4.4% | $297,359▲87.6% | $312,435▲15.8% | 990 |
| 2019 | $542,191▼24.9% | $647,746▲4.5% | $158,489▼40.0% | $269,899▼1.8% | 990 |
| 2018 | $721,609▲50.4% | $619,748▼10.6% | $264,044▲62.8% | $274,930▲63.1% | 990 |
| 2017 | $479,702▲5.9% | $693,325▼6.6% | $162,183▼56.8% | $168,533▼56.5% | 990 |
| 2016 | $452,831▼49.6% | $742,326▲9.5% | $375,806▼43.5% | $387,026▼42.8% | 990 |
| 2015 | $897,858 | $677,747▲25.4% | $665,301▲23.8% | $676,203▲23.9% | 990 |
| 2014 | $897,514▲119% | $540,350▲26.3% | $537,194▲198% | $545,721▲202% | 990 |
| 2013 | $409,751 | $427,785▲16.6% | $180,030▼9.1% | $180,555▼9.2% | 990 |
| 2012 | — | $366,894▼1.8% | $198,064▲33.8% | $198,914▲34.1% | 990 |
| 2011 | — | $373,580▲5.2% | $148,042▲57.2% | $148,368▲26.9% | 990 |
| 2010 | — | $355,100 | $94,167 | $116,891 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
16 grants to Arts Impact Incorporated totaling $540K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cleveland Foundation | Arts-based residencies for select cmsd classrooms for students with disabilities | 2024 | $54,500 |
| Cleveland Foundation | General operating support to intensify impact across the organization and programming | 2023 | $143,250 |
| Cleveland Foundation | Intern host application: event support for arts impact | 2022 | $44,900 |
| American Online Giving Foundation Inc | General support | 2022 | $10,236 |
| Cleveland Foundation | General operating support | 2021 | $50,250 |
| American Online Giving Foundation Inc | General support | 2021 | $10,857 |
| Cleveland Foundation | Arts integration via social-emotional learning: deepening impact | 2020 | $50,500 |
| American Online Giving Foundation Inc | General support | 2020 | $9,999 |
| American Online Giving Foundation Inc | General support | 2020 | $9,999 |
| American Online Giving Foundation Inc | General support | 2019 | $9,782 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2018 | $10,500 |
| Cleveland Foundation | General support | 2018 | $7,500 |
| Cleveland Foundation | General support | 2016 | $70,750 |
| Network For Good Inc | Unrestricted | 2016 | $6,415 |
| Cleveland Foundation | Capacity-building for the purchase and integration of laptops | 2015 | $17,500 |
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Data for Arts Impact Incorporated (EIN 01-0573988) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.