Arts for Oakland Kids

Analysis

Arts for Oakland Kids is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in November 1996, 30 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 June 2024, Arts for Oakland Kids reported income of $168k and spending of $95k, leaving 43% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.6m to $168k (-89%), an average of -43% a year. The sharpest change came in the year to June 2021, when income dropped by 86%. Over the whole period it spent 38% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts for Oakland Kids sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Storytelling Arts Inc ($168k), Friends of Rainbow Springs State Park Inc ($168k) and Wild West Historical Foundation Inc ($168k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $5,000 (5.2% of expenses). At year end it held assets of $1.8m against liabilities of $300, net assets of $1.8m. It reported 1 employees.