Friends of the Oklahoma Route 66 Museum Inc

Analysis

Friends of the Oklahoma Route 66 Museum Inc is a registered charity in United States, based in Clinton, OK. It received its IRS tax-exemption ruling in December 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Oklahoma Route 66 Museum Inc reported income of $302k and spending of $238k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $273k to $302k (+11%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income rose by 174%. Over the whole period it spent 87% 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 the Oklahoma Route 66 Museum Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within OK. Charities of a similar size with the same main cause include Light House Group Inc ($302k), Journal of the History of Ideas Inc ($302k) and Vintage Vintners Athletic Booster Club ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 40% of the total. At year end it held assets of $708k against liabilities of $2,653, net assets of $705k.