Okeefe Music Foundation Inc

Analysis

Okeefe Music Foundation Inc is a registered charity in United States, based in Lebanon, OH. It received its IRS tax-exemption ruling in December 2014, 12 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, Okeefe Music Foundation Inc reported income of $53k and spending of $36k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2020 to December 2022, income grew from $27k to $53k (+94%), an average of +94% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Okeefe Music Foundation Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within OH. Charities of a similar size with the same main cause include Northern Mariposa County History Center ($53k), Northern Pacific Depot Foundation Inc ($53k) and International Technology Center ($53k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 56% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.