Oss Society Inc

Analysis

Oss Society Inc is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in September 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oss Society Inc reported income of $851k and spending of $874k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.9m to $851k (-92%), an average of -47% a year. The sharpest change came in the year to December 2021, when income rose by 594%. Over the whole period it spent 51% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oss Society Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Central Arts Alliance ($851k), Fort Smith Art Center Inc ($851k) and Friends of the Midwest Theater ($851k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Compensation of current officers, directors and key employees was $187k (21% of expenses). It paid $395k in professional fundraising fees. At year end it held assets of $11.7m against liabilities of $36k, net assets of $11.6m. It reported 1 employees.