First Americans Museum Foundation

Analysis

First Americans Museum Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, First Americans Museum Foundation reported income of $7.5m and spending of $7.8m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.0m to $7.5m (-5.9%), an average of -1.5% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Americans Museum Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OK. Charities of a similar size with the same main cause include Moise Safra Community Center Inc ($7.5m), Solano Land Trust ($7.5m) and Chimes Virginia Inc ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $378k (4.9% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $16.4m against liabilities of $1.8m, net assets of $14.6m. It reported 40 employees.