Oakleaf Endowment TR Fbo Minnesota Orchestra 063097

Analysis

Oakleaf Endowment TR Fbo Minnesota Orchestra 063097 is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 1998, 28 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 December 2023, Oakleaf Endowment TR Fbo Minnesota Orchestra 063097 reported income of $5.4m and spending of $6.7m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.5m to $5.4m (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2022, when income rose by 176%. Over the whole period it spent 52% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oakleaf Endowment TR Fbo Minnesota Orchestra 063097 sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MN. Charities of a similar size with the same main cause include Charleston Symphony Orchestra ($5.4m), Cityserve International ($5.4m) and Openai Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $101.4m against liabilities of $0, net assets of $101.4m.