World Organization of China Painters

Analysis

World Organization of China Painters is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, World Organization of China Painters reported income of $132k and spending of $149k, spending 113% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income fell from $157k to $132k (-16%), an average of -4.4% a year. The sharpest change came in the year to April 2021, when income dropped by 45%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, World Organization of China Painters sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OK. Charities of a similar size with the same main cause include Committee on Poetry Inc ($132k), Sweet Adelines International ($132k) and Audience of One Productions Inc ($132k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 45% and program service revenue 37% of the total. Other salaries and wages came to $33k. At year end it held assets of $856k against liabilities of $27k, net assets of $829k. It reported 2 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.