Okpop Foundation

Analysis

Okpop Foundation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in May 2019, 7 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, Okpop Foundation reported income of $642k and spending of $127k, leaving 80% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $642k (+352%), an average of +352% a year. The sharpest change came in the year to December 2023, when income rose by 352%. Over the whole period it spent 27% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Okpop Foundation sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OK. Charities of a similar size with the same main cause include Josephine Sculpture Park Inc ($642k), Camp Ritchie Museum Inc ($642k) and Red Skelton Museum Foundation Inc ($642k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $587k against liabilities of $0, net assets of $587k.