Charles B Goddard Center for Visual and Performing Arts Inc

Analysis

Charles B Goddard Center for Visual and Performing Arts Inc is a registered charity in United States, based in Ardmore, OK. It received its IRS tax-exemption ruling in August 1985, 41 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 June 2023, Charles B Goddard Center for Visual and Performing Arts Inc reported income of $1.9m and spending of $635k, leaving 67% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.8m to $1.9m (-30%), an average of -11% a year. The sharpest change came in the year to June 2022, when income rose by 160%. Over the whole period it spent 27% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Charles B Goddard Center for Visual and Performing Arts Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within OK. Charities of a similar size with the same main cause include Im Ready Foundation Inc ($1.9m), The Good Information Foundation ($1.9m) and The Classic Center Cultural Foundation Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $79k (12% of expenses). Other salaries and wages came to $131k. It paid $10k in professional fundraising fees. At year end it held assets of $8.7m against liabilities of $68k, net assets of $8.6m. It reported 10 employees.