Tulsa Juneteenth Inc

Analysis

Tulsa Juneteenth Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in July 2020, 6 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 2024, Tulsa Juneteenth Inc reported income of $451k and spending of $553k, spending 123% of what it took in. Across the 4 years on record, from June 2019 to June 2024, income grew from $54k to $451k (+732%), an average of +103% a year. The sharpest change came in the year to June 2022, when income rose by 552%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tulsa Juneteenth Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OK. Charities of a similar size with the same main cause include House of Miles East St Louis ($451k), Early Music Guild of Seattle ($451k) and Watch Hill Lighthouse Keepers Association ($451k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $74k (13% of expenses). At year end it held assets of $4,159 against liabilities of $0, net assets of $4,159.