Science Museum Oklahoma Affiliated Fund of Occf Inc

Analysis

Science Museum Oklahoma Affiliated Fund of Occf Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in December 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Science Museum Oklahoma Affiliated Fund of Occf Inc reported income of $1.1m and spending of $3.2m, spending 291% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $1.1m (-28%), an average of -8.0% a year. The sharpest change came in the year to June 2021, when income rose by 359%. Over the whole period it spent 265% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Science Museum Oklahoma Affiliated Fund of Occf Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within OK. Charities of a similar size with the same main cause include Hec-Tv ($1.1m), Yakima Symphony Orchestra Inc ($1.1m) and The Strand Center for the Arts ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% of the total. At year end it held assets of $59.3m against liabilities of $0, net assets of $59.3m.

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.