Tulsa Historical Society

Analysis

Tulsa Historical Society is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in January 1965, 61 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, Tulsa Historical Society reported income of $818k and spending of $981k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $561k to $818k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 144% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tulsa Historical Society 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 OK. Charities of a similar size with the same main cause include Ballroom Cultural Arts Foundation ($818k), African Studies Association Inc C/O Emory University ($818k) and Slater Technology Fund Inc ($818k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $77k (7.8% of expenses). Other salaries and wages came to $264k. At year end it held assets of $8.0m against liabilities of $42k, net assets of $7.9m. It reported 10 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.