Childrens Arts Network Inc

Analysis

Childrens Arts Network Inc is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in December 2018, 8 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, Childrens Arts Network Inc reported income of $64k and spending of $56k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $64k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Childrens Arts Network Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within OK. Charities of a similar size with the same main cause include Mignolo ($64k), Capital City Concerts Inc ($64k) and Bar Plan Foundation ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 48% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.