Mary Louise Curtis Bok Foundation

Analysis

Mary Louise Curtis Bok Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1932, 94 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Mary Louise Curtis Bok Foundation reported income of $1.7m and spending of $4.9m, spending 285% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $4.5m to $1.7m (-62%), an average of -22% a year. The sharpest change came in the year to May 2021, when income rose by 1020%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mary Louise Curtis Bok Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include New Urban Arts ($1.7m), Greenville Arts Festival ($1.7m) and American Cabaret Theatre Inc ($1.7m).

At year end it held assets of $94.9m against liabilities of $257k, net assets of $94.7m.