Friends of Starlight Concerts Inc

Analysis

Friends of Starlight Concerts Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in August 1989, 37 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 December 2023, Friends of Starlight Concerts Inc reported income of $118k and spending of $98k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $118k (+12%), an average of +12% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Starlight Concerts Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OK. Charities of a similar size with the same main cause include Ocean County Artists Guild Inc ($118k), Ohio Junior Classical Leauge ($118k) and Upper Arlington Band Boosters Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $166k against liabilities of $0, net assets of $166k.