Friends of the Mansion Inc

Analysis

Friends of the Mansion Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in June 1995, 31 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 the Mansion Inc reported income of $589k and spending of $211k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $589k (+74%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 354%. Over the whole period it spent 25% 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 Mansion Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OK. Charities of a similar size with the same main cause include Classics for Kids Inc ($589k), American Institute of Architecture Students Inc ($589k) and Wildwood Park for the Arts Inc ($589k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 8.3% of the total. Other salaries and wages came to $69k. It paid $15k in professional fundraising fees. At year end it held assets of $4.1m against liabilities of $6,615, net assets of $4.1m. It reported 1 employees.