Oriki Arts

Analysis

Oriki Arts is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in June 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 (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, Oriki Arts reported income of $95k and spending of $95k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $153k to $95k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oriki Arts sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Ravel Dance Company Inc ($95k), Theatre of Note ($95k) and Friends of Island Beach State Park Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $1,200 against liabilities of $0, net assets of $1,200.