Friends of Oxmoor Foundation Inc

Analysis

Friends of Oxmoor Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 2017, 9 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, Friends of Oxmoor Foundation Inc reported income of $500k and spending of $284k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $500k (+542%), an average of +59% a year. The sharpest change came in the year to December 2021, when income rose by 205%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Oxmoor Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within KY. Charities of a similar size with the same main cause include Main Street Historic Chestertown ($500k), Chico Theater Company Inc ($500k) and Arts Council of Central Louisiana ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. Compensation of current officers, directors and key employees was $4,723 (1.7% of expenses). Other salaries and wages came to $64k. At year end it held assets of $908k against liabilities of $0, net assets of $908k.