Ponca City Main Street Incorporated

Analysis

Ponca City Main Street Incorporated is a registered charity in United States, based in Ponca City, OK. It received its IRS tax-exemption ruling in January 2001, 25 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 June 2023, Ponca City Main Street Incorporated reported income of $106k and spending of $97k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $164k to $106k (-35%), an average of -14% a year. The sharpest change came in the year to June 2021, when income dropped by 30%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ponca City Main Street Incorporated sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within OK. Charities of a similar size with the same main cause include Lake Eustis Museum of Art ($106k), Kent Instrumental Music Boosters ($106k) and American Classic Arcade Museum Inc ($106k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $51k (52% of expenses). Other salaries and wages came to $17k. At year end it held assets of $157k against liabilities of $1,329, net assets of $155k. It reported 2 employees.