Fairmount Center For Creative & Performing Arts Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Growing revenue
Fairmount Center For Creative & Performing Arts Inc is a 501(c)(3) organization based in Novelty, Ohio, registered in 1972, with $828,820 in FY2023 revenue. CharityIndex grades it B.
8400 Fairmount Rd, Novelty, OH, 44072 EIN 23-7199754 Since 1972
Revenue (FY2023)
$829K
▲ 10.0% vs prior year
Expenses (FY2023)
$889K
Net assets
$306K
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 Fairmount Center For Creative & Performing Arts 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 rating4 mo reserves · -7% 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 Fairmount Center For Creative & Performing Arts Inc: 4 mo reserves · -7% 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 Fairmount Center For Creative & Performing Arts 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 Fairmount Center For Creative & Performing Arts Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $469K (FY2009) to $829K (FY2023) across 5 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $101KNet assets $306K
Operating margin
-7.3%
Spent more than it raised in the latest fiscal year.
Total assets
$408K
Total liabilities
$101K
Net assets
$306K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $828,820▲10.0% | $888,982▲17.9% | $306,310▼16.4% | $407,600▼11.6% | 990 |
| 2022 | $753,477▲17.8% | $753,724▲22.3% | $366,472▼0.1% | $461,218▼4.7% | 990 |
| 2021 | $639,741▲8.1% | $616,402▲12.9% | $366,719▲6.8% | $483,805▲6.0% | 990 |
| 2020 | $591,864 | $545,745▲7.9% | $343,380▲325% | $456,472▲428% | 990 |
| 2011 | — | $505,959▼11.5% | -$152,891▲27.8% | $86,399▲48.1% | 990 |
| 2010 | — | $571,387▲17.0% | -$211,749▼18.9% | $58,323▼8.7% | 990 |
| 2009 | $468,892 | $488,487 | -$178,103 | $63,889 | 990EZ |
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 · $136K total
6 grants to Fairmount Center For Creative & Performing Arts Inc totaling $136K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cleveland Foundation | Building capacity for increasing access to the arts and financial stability | 2024 | $50,000 |
| Cleveland Foundation | General support | 2023 | $25,000 |
| Cleveland Foundation | Fairmount 500 | 2022 | $22,775 |
| Cleveland Foundation | General support | 2021 | $16,750 |
| Cleveland Foundation | Engaging rural underserved preschoolers and their caregivers in expanded early childhood, literacy based program | 2020 | $16,250 |
| Cleveland Foundation | $5,000 for speaker series; $500 for libby lubinger scholarship | 2019 | $5,500 |
Frequently asked questions
- Is Fairmount Center For Creative & Performing Arts Inc a legitimate nonprofit?
- Yes. Fairmount Center For Creative & Performing Arts Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7199754, based in Novelty, Ohio. Donations are tax-deductible.
- What is Fairmount Center For Creative & Performing Arts Inc's EIN?
- Fairmount Center For Creative & Performing Arts Inc's Employer Identification Number (EIN) is 23-7199754.
- How much revenue does Fairmount Center For Creative & Performing Arts Inc report?
- Fairmount Center For Creative & Performing Arts Inc reported $828,820 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Fairmount Center For Creative & Performing Arts Inc have?
- CharityIndex grades Fairmount Center For Creative & Performing Arts Inc B, based on financial health (reserves and operating margin).
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Data for Fairmount Center For Creative & Performing Arts Inc (EIN 23-7199754) 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.