Oklahoma Humanities Council Inc

Analysis

Oklahoma Humanities Council Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in January 1978, 48 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 October 2023, Oklahoma Humanities Council Inc reported income of $1.4m and spending of $1.4m, spending 93% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.1m to $1.4m (+29%), an average of +6.5% a year. The sharpest change came in the year to October 2021, when income rose by 58%. Over the whole period it spent 99% 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 Humanities Council Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within OK. Charities of a similar size with the same main cause include Kidstream ($1.4m), The Vincent Price Art Museum Foundation ($1.4m) and Lexington Childrens Theatre Inc ($1.4m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $473k. It paid $40k in professional fundraising fees. At year end it held assets of $2.2m against liabilities of $699k, net assets of $1.5m. It reported 8 employees.