Clay Center For the Arts & Sciences of West Virginia Inc
Only null% goes to programs Strong reserves Growing revenue
Clay Center For the Arts & Sciences of West Virginia Inc is a 501(c)(3) organization based in Charleston, West Virginia, registered in 1991, with $13,165,116 in FY2024 revenue. CharityIndex grades it B.
1 Clay Sq, Charleston, WV, 25301 EIN 55-0702401 Since 1991
Revenue (FY2024)
$13.2M
▲ 162.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$8.6M
Net assets
$109.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Clay Center For the Arts & Sciences of West Virginia Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating153 mo reserves · +35% margin
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 Clay Center For the Arts & Sciences of West Virginia Inc: 153 mo reserves · +35% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Clay Center For the Arts & Sciences of West Virginia Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Clay Center For the Arts & Sciences of West Virginia Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1 Clay Sq, Charleston, WV, 25301
- City
- Charleston
- State
- West Virginia
- Category
- Arts, Culture & Humanities
- Subcategory
- Arts & Cultural Organizations
- Website
- …
Financial trends
Revenue grew from $9.8M (FY2013) to $13.2M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.4MNet assets $109.8M
Operating margin
34.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$111.2M
Total liabilities
$1.4M
Net assets
$109.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $13,165,116▲163% | $8,602,708▲2.3% | $109,780,659▲3.9% | $111,178,320▲3.3% | 990 |
| 2023 | $5,007,941▼23.2% | $8,406,682▼12.5% | $105,662,876▲2.0% | $107,655,583▲2.6% | 990 |
| 2022 | $6,522,725▼33.0% | $9,604,506▲10.3% | $103,569,277▼0.1% | $104,916,433▼0.1% | 990 |
| 2021 | $9,740,232▲23.2% | $8,705,447▲27.9% | $103,665,040▼10.6% | $104,991,627▼10.6% | 990 |
| 2020 | $7,906,903▲46.9% | $6,805,125▼24.1% | $115,947,849▲7.9% | $117,444,990▲8.0% | 990 |
| 2019 | $5,383,208▼56.4% | $8,970,379▼9.4% | $107,445,127▼2.5% | $108,726,125▼2.4% | 990 |
| 2018 | $12,352,066▲28.5% | $9,895,944▼2.2% | $110,239,841▲3.4% | $111,425,132▲2.7% | 990 |
| 2017 | $9,613,464▼18.1% | $10,118,762▼3.8% | $106,586,402▼0.6% | $108,475,451▼1.1% | 990 |
| 2015 | $11,743,883▲3.9% | $10,515,122▼2.7% | $107,253,697▲0.6% | $109,640,898▲1.3% | 990 |
| 2014 | $11,300,269▲15.0% | $10,808,448▲4.5% | $106,588,840▼2.3% | $108,277,395▼1.6% | 990 |
| 2013 | $9,829,667 | $10,342,721▼6.9% | $109,048,169▲1.5% | $110,089,403▲1.4% | 990 |
| 2012 | — | $11,106,367▲1.1% | $107,406,643▼2.6% | $108,522,137▼2.6% | 990 |
| 2011 | — | $10,988,008▲0.1% | $110,242,758▼5.3% | $111,437,446▼5.1% | 990 |
| 2010 | — | $10,979,001 | $116,454,218 | $117,408,215 | 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.
Grants received · $615K total
21 grants to Clay Center For the Arts & Sciences of West Virginia Inc totaling $615K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| AARP | Sponsorship of various events | 2024 | $12,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $50,545 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $33,500 |
| AARP | Sponsorship of broadway in charleston 2023 | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $27,150 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2022 | $16,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $28,850 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $28,850 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2021 | $16,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2021 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $25,550 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $5,100 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $85,200 |
| AARP | Sponsorship of various events | 2019 | $25,000 |
| AARP | Sponsorship of various events | 2019 | $25,000 |
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Compare Clay Center For the Arts & Sciences of West Virginia Inc
Frequently asked questions
- Is Clay Center For the Arts & Sciences of West Virginia Inc a legitimate nonprofit?
- Yes. Clay Center For the Arts & Sciences of West Virginia Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 55-0702401, based in Charleston, West Virginia. Donations are tax-deductible.
- What is Clay Center For the Arts & Sciences of West Virginia Inc's EIN?
- Clay Center For the Arts & Sciences of West Virginia Inc's Employer Identification Number (EIN) is 55-0702401.
- How much revenue does Clay Center For the Arts & Sciences of West Virginia Inc report?
- Clay Center For the Arts & Sciences of West Virginia Inc reported $13,165,116 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Clay Center For the Arts & Sciences of West Virginia Inc have?
- CharityIndex grades Clay Center For the Arts & Sciences of West Virginia Inc B, based on financial health (reserves and operating margin).
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Data for Clay Center For the Arts & Sciences of West Virginia Inc (EIN 55-0702401) 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.