The Arts and Recreation Foundation of Overland Park Inc

Analysis

The Arts and Recreation Foundation of Overland Park Inc is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in November 1995, 31 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, The Arts and Recreation Foundation of Overland Park Inc reported income of $4.1m and spending of $4.3m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $4.1m (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Arts and Recreation Foundation of Overland Park Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KS. Charities of a similar size with the same main cause include Applied Information Management ($4.1m), Savannah Music Festival Inc ($4.1m) and Boca Raton Museum of Art Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $108k (2.5% of expenses). Other salaries and wages came to $122k. At year end it held assets of $5.1m against liabilities of $204k, net assets of $4.9m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.