Note that acetylene is neutral and while we can speak of the oxidation numbers of its atoms, we cannot speak of the molecule's oxidation state.
If we break up the C−H bonds we get 2×H+, and {C≡C}2− (carbon is more electronegative than hydrogen, so when you (for the purposes of assigning oxidation number) break this bond you put a formal +1 charge on hydrogen, and a formal −1 charge of carbon.
In fact, the acetylide unit {C≡C}2− occurs as calcium carbide, CaC2, which is an important industrial feedstock.
More reduced forms of carbon include ethylene, H2C=CH2, C−II, and the methylene unit of a carbon , −CH2, C−II. Oxidation state assignments are of course formalisms; they do not have real significance other than what we assign for them. When we break a C−C bond in such a process, we conceive we get 2×C⋅, i.e. neutral carbon radicals.