Oak Cliff Society of Fine Arts

Analysis

Oak Cliff Society of Fine Arts is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2009, 17 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, Oak Cliff Society of Fine Arts reported income of $127k and spending of $56k, leaving 56% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $77k to $127k (+65%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 163%. Over the whole period it spent 19% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oak Cliff Society of Fine Arts sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Japan Arts Inc ($127k), Kinedanco ($127k) and Footworks Youth Ballet Inc ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.