Fred Oldfield Western Heritage and Art Center

Analysis

Fred Oldfield Western Heritage and Art Center is a registered charity in United States, based in Puyallup, WA. It received its IRS tax-exemption ruling in June 2002, 24 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 December 2023, Fred Oldfield Western Heritage and Art Center reported income of $202k and spending of $231k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $215k to $202k (-5.9%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fred Oldfield Western Heritage and Art Center sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within WA. Charities of a similar size with the same main cause include Santa Cruz Art League Inc ($202k), Cultural Arts Coalition Inc ($202k) and Florida Federation of Music Clubs Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $74k (32% of expenses). At year end it held assets of $210k against liabilities of $0, net assets of $210k.