Tulsa Glass Blowing Studio Inc

Analysis

Tulsa Glass Blowing Studio Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in April 2008, 18 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tulsa Glass Blowing Studio Inc reported income of $495k and spending of $602k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $460k to $495k (+7.5%), an average of +1.8% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tulsa Glass Blowing Studio Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OK. Charities of a similar size with the same main cause include All About Theatre ($495k), Seattle Recreative ($495k) and Rodriguez Music Boosters ($495k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $76k (13% of expenses). At year end it held assets of $742k against liabilities of $2,070, net assets of $740k. It reported 9 employees.