Oklahoma Visual Arts Coaliton Inc

Analysis

Oklahoma Visual Arts Coaliton Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in October 1988, 38 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, Oklahoma Visual Arts Coaliton Inc reported income of $546k and spending of $576k, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $422k to $546k (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 97% 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 Visual Arts Coaliton Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OK. Charities of a similar size with the same main cause include Duxbury Rural and Historical Society Inc ($546k), Creative York ($546k) and Non Resident Nepali Association National Coordination Council of U ($546k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $92k (16% of expenses). Other salaries and wages came to $173k. At year end it held assets of $506k against liabilities of $242k, net assets of $264k. It reported 6 employees.