Oklahoma City National Memorial Foundation

Analysis

Oklahoma City National Memorial Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in December 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, Oklahoma City National Memorial Foundation reported income of $3.4m and spending of $8.6m, spending 253% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.7m to $3.4m (-68%), an average of -25% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oklahoma City National Memorial Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OK. Charities of a similar size with the same main cause include Oregon Country Fair ($3.4m), The White House Endowment and Acquisition Trust ($3.4m) and Preservation of Egyptian Theatre Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $855k (9.9% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $35.3m against liabilities of $3.6m, net assets of $31.7m. It reported 55 employees.