Toledo Cultural Arts Center Inc is a 501(c)(3) organization based in Toledo, Ohio, registered in 1983, with $2,029,616 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$2.0M
▲ 7.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$2.1M
Net assets
$9.0M
Employees
—
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 Toledo Cultural Arts Center Inc— 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 Toledo Cultural Arts Center Inc: 51 mo reserves · -3% margin earns a B+ 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 Toledo Cultural Arts Center Inc— 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 Toledo Cultural Arts Center Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.8M (FY2020) to $2.0M (FY2023) across 4 reported years.
Financial snapshot
Operating margin
-3.3%
Spent more than it raised in the latest fiscal year.
Total assets
$9.1M
Total liabilities
$174K
Net assets
$9.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,029,616▲7.0% | $2,095,673▲0.9% | $8,952,135▲4.6% | $9,125,942▲5.0% | 990 |
| 2022 | $1,896,648▼11.9% | $2,077,047▲18.2% | $8,560,145▲3.1% | $8,693,481▲2.4% | 990 |
| 2021 | $2,152,280▲18.1% | $1,757,751▲109% | $8,298,772▼8.6% | $8,491,733▼10.6% | 990 |
| 2020 | $1,822,626 | $839,473 | $9,077,072 | $9,496,896 | 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.
22 grants to Toledo Cultural Arts Center Inc totaling $781K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Toledo Community Foundation | 2024 annual gift - general support; 2024 support of valentine school days for tps students from lmi areas; general support; strategic plan | 2024 | $18,000 |
| Toledo Community Foundation | 2023 support of educational programming at the valentine for tps students from lmi areas | 2023 | $16,600 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $8,000 |
| Toledo Community Foundation | 2022 annual gift, general support, annual fund, valentine sensory-friendly series | 2022 | $31,500 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2022 | $8,500 |
| Promedica Health System Inc | Charitable donation | 2021 | $25,000 |
| Toledo Community Foundation | Valentine storytime and sessions, accessible flooring & furnishings, 2021 annual gift, christmas holiday staff gift | 2021 | $13,000 |
| Toledo Community Foundation | To support the 2020 gala event, distribution from the estate of gretchen a. zynforf, giving tuesday nwo, and valentine theatre sessions | 2020 | $445,068 |
| Promedica Health System Inc | Charitable donation | 2020 | $25,000 |
| Promedica Health System Inc | Charitable donation | 2019 | $25,000 |
| Raymond James Charitable Endowment Fund | General use and/or special fund/project | 2019 | $25,000 |
| Toledo Community Foundation | New drinking fountains for the valentine theatre, gala support | 2019 | $16,520 |
| Toledo Community Foundation | Annual gala | 2018 | $7,000 |
| Toledo Community Foundation | Close out fund, seat repair & linen replacement project | 2017 | $20,159 |
| Toledo Community Foundation | Support for the 2016 gala | 2016 | $42,000 |
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Data for Toledo Cultural Arts Center Inc (EIN 34-1385037) 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.