McMahon Auditorium Authority

Analysis

McMahon Auditorium Authority is a registered charity in United States, based in Lawton, OK. It received its IRS tax-exemption ruling in February 2021, 5 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, McMahon Auditorium Authority reported income of $210k and spending of $298k, spending 142% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $170k to $210k (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2020, when income rose by 136%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, McMahon Auditorium Authority sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within OK. Charities of a similar size with the same main cause include Sryt Inc ($210k), Music City Artist Development ($210k) and International Alliance of Chaplains and Law Enforcement Inc ($210k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. At year end it held assets of $836k against liabilities of $19k, net assets of $817k.