Charity Search / CLEVELAND CHORAL ARTS ASSOSIATION
Arts, Culture & Humanities (A6BZ) IRS Verified DX Registered 990 on File

CLEVELAND CHORAL ARTS ASSOSIATION

EIN: 34-1572215 · LAKEWOOD, OH 44107-0032 · United States · FY 2023 Data
3 out of 5 56 / 100 Based on 2+ years of filings
Financial strength (30%) 86/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$351K
Total Revenue
$318K
Total Expenses
$199K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 75.2%
Fundraising Efficiency 64.1%
Operating Reserve 7.52x
Liability-to-Asset 20.5%
Revenue Diversification 51.2%
Compared with Peers
FY 2023
Compared with 16,962 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
75.2% 81.8%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
14.4% 14.0%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
10.5% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
64.1% 28.6%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
7.5 mo 10.4 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
20.5% 1.9%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
51.2% 79.8%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
14.8% 9.6%
P10P90
Expense growth
Year over year expense growth
4.4% 13.6%
P10P90
Surplus margin
Surplus as a share of revenue
9.3% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $351K $318K $199K 75.2% 1
2022 $305K $305K $167K 76.3% 1
2021 $205K $141K N/A 1
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Organization Details
EIN
34-1572215
State
OH
City
LAKEWOOD
ZIP
44107-0032
Classification
A6BZ
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
16
Form 990
On File
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