Oak Park Art League

Analysis

Oak Park Art League is a registered charity in United States, based in Oak Park, IL. It received its IRS tax-exemption ruling in October 1951, 75 years ago. 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 April 2024, Oak Park Art League reported income of $183k and spending of $188k, spending 103% of its income. Across the 3 years on record, from April 2022 to April 2024, income grew from $142k to $183k (+29%), an average of +14% a year. The sharpest change came in the year to April 2023, when income rose by 29%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oak Park Art League sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Sharing Bread Soup Kitchen Inc ($183k), Mobile Meals of LA Crosse Inc ($183k) and Rock Lake Activity Center Inc ($183k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 38% and program service revenue 44% of the total. At year end it held assets of $38k against liabilities of $1,120, net assets of $37k.