Oklahoma Music Hall of Fame & Museum Inc

Analysis

Oklahoma Music Hall of Fame & Museum Inc is a registered charity in United States, based in Muskogee, OK. It received its IRS tax-exemption ruling in November 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 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, Oklahoma Music Hall of Fame & Museum Inc reported income of $149k and spending of $228k, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $902k to $149k (-84%), an average of -36% a year. The sharpest change came in the year to December 2021, when income rose by 243%. Over the whole period it spent 43% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oklahoma Music Hall of Fame & Museum Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OK. Charities of a similar size with the same main cause include Self Knowledge Symposium Foundation ($149k), The Chamber Orchestra of Pittsburgh ($149k) and Gunnar Montana Productions ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $105k. At year end it held assets of $249k against liabilities of $4,461, net assets of $245k. It reported 4 employees.