Oakland School for the Arts
Analysis
Oakland School for the Arts is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Oakland School for the Arts reported income of $12.3m and spending of $13.5m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.9m to $12.3m (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 107% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Oakland School for the Arts sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Webb Institute ($12.3m), Legacy Traditional School-Queen Creek ($12.3m) and Goodwin University Educational Services Inc ($12.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $281k (2.1% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $10.0m against liabilities of $6.0m, net assets of $4.1m. It reported 152 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Webb Institute | Glen Cove | $12.3m |
| Legacy Traditional School-Queen Creek | Chandler | $12.3m |
| Goodwin University Educational Services Inc | East Hartford | $12.3m |
| The Leadership Academy Inc | New York | $12.3m |