C B Goddard Art Center Trust

Analysis

C B Goddard Art Center Trust is a registered charity in United States, based in Ardmore, OK. It received its IRS tax-exemption ruling in December 1968, 58 years ago. 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 June 2023, C B Goddard Art Center Trust reported income of $223k and spending of $317k, spending 142% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $513k to $223k (-57%), an average of -24% a year. The sharpest change came in the year to June 2023, when income dropped by 46%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, C B Goddard Art Center Trust sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within OK. Charities of a similar size with the same main cause include Common Ground Dispute Resolution Inc ($223k), Barre Historical Society Inc ($223k) and Association of Fundraising Professionals ($223k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% of the total. At year end it held assets of $6.2m against liabilities of $0, net assets of $6.2m.