Chamber Music Tulsa Inc

Analysis

Chamber Music Tulsa Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in October 1966, 60 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 June 2023, Chamber Music Tulsa Inc reported income of $427k and spending of $434k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $511k to $427k (-16%), an average of -4.4% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chamber Music Tulsa Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within OK. Charities of a similar size with the same main cause include Remnant Trust Inc ($427k), Columbia Art League ($427k) and National Society of Colonial Dames of America in Commonwealth of Ky ($427k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 14% of the total. Other salaries and wages came to $91k. At year end it held assets of $4.1m against liabilities of $83k, net assets of $4.0m. It reported 1 employees.