Osfna1

Analysis

Osfna1 is a registered charity in United States, based in Brooklyn Park, MN. It received its IRS tax-exemption ruling in August 2011, 15 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 2022, Osfna1 reported income of $271k and spending of $230k, spending 85% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $198k to $271k (+37%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Osfna1 sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Baltimore Streetcar Museum Inc ($271k), Nevada County Digital Media Center ($271k) and Eileen S Kaminsky Family Foundation ($271k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.