El Sistema Oklahoma Inc
- Assets
- $93.4k
- Revenue
- $428.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Oklahoma City, OK
- Founding
- 06/2015
- Data as of
- 12/2022
- EIN
- 47-1650812
Organization Overview
El Sistema Oklahoma Inc is located in Oklahoma City, OK. The organization was established in 2015. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, El Sistema Oklahoma Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. El Sistema Oklahoma Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, El Sistema Oklahoma Inc generated $428.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $406.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EL SISTEMA OKLAHOMA IS AN AFTER SCHOOL MUSIC ORGANIZATION SERVING STUDENTS IN GRADES 3-12. OUR PROGRAM RUNS 5 DAYS A WEEK AND FOLLOWS THE OKLAHOMA PUBLIC SCHOOL CALENDAR. WE OFFER 2 PROGRAMS: OUR ORCHESTRAL PROGRAM LOCATED IN OKLAHOMA CITY SERVES APPROXIMATELY 180 STUDENTS WITH THE FOCUS ON ORCHESTRAL MUSIC. STUDENTS RECEIVE AN INSTRUMENT, LESSONS, SNACKS AND OTHER SUPPORT FREE OF CHARGE. STUDENTS DO NOT AUDITION TO BE IN THE PROGRAM BUT ARE REFERRED BY OUR PARTNERING SCHOOLS AS SOMEONE NEEDING HOPE OR COMMUNITY. OUR VOCAL PROGRAM LOCATED IN EDMOND SERVES APPROXIMATELY 30 STUDENTS IN GRADES 2-5. IT IS DESIGNED TO BE AN INCLUSIVE PROGRAM FOR STUDENTS OF ALL ABILITIES. STUDENTS PARTICIPATE IN SINGING, DANCING AND PERFORMANCES. NO AUDITION IS REQUIRED AND STUDENTS ARE REFERRED BY OUR PARTNERING SCHOOLS.OVER 80% OF THE STUDENTS WHO PARTICIPATE RECEIVE FREE OR REDUCED-PRICE LUNCH AT SCHOOL. OUR PROGRAM SERVES A DIVERSE RANGE OF CULTURES AND BACKGROUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EL SISTEMA OKLAHOMA IS AN AFTER-SCHOOL MUSIC ORGANIZATION SERVING APPROXIMATELY 195 STUDENTS IN GRADES 3-12 FOR THE 2022 SCHOOL YEAR. OUR PROGRAM RUNS 5 DAYS A WEEK AND FOLLOWS THE OKLAHOMA PUBLIC SCHOOL CALENDAR. WE OFFER 2 DIFFERENT PROGRAMS. THE ORCHESTRAL PROGRAM LOCATED IN OKLAHOMA CITY SERVES APPROXIMATELY 175 STUDENTS WITH THE FOCUS BEING ON ORCHESTRAL MUSIC AND ENSEMBLES. STUDENTS ARE PROVIDED A FREE INSTRUMENT, LESSONS, PERFORMANCE OPPORTUNITIES, SNACKS, AND OTHER SUPPORT ALL FREE OF CHARGE. STUDENTS DO NOT AUDITION TO BE IN THE PROGRAM BUT ARE REFERRED BY OUR PARTNERING SCHOOLS AS SOMEONE NEEDING HOPE OR COMMUNITY. OUR VOCAL PROGRAM LOCATED IN EDMOND SERVES APPROXIMATELY 20 STUDENTS IN GRADES 2-5. IT IS DESIGNED TO BE AN INCLUSIVE PROGRAM FOR STUDENTS OF ALL ABILITIES. STUDENTS PARTICIPATE IN SINGING, ACTING, PLAYING SIMPLE INSTRUMENTS AND PERFORMANCES. NO AUDITION IS REQUIRED. OVER 80% OF THE STUDENTS WHO PARTICIPATE IN EL SISTEMA ARE CLASSIFIED AS FREE AND REDUCE LUNCH BY THEIR SCHOOL. OUR STUDENTS ARE ALSO REPRESENTATIVE OF A DIVERSE RANGE OF CULTURES AND BACKGROUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine J Busey President | OfficerTrustee | 5 | $0 |
Phil Busey Sr Vice Chair | OfficerTrustee | 5 | $0 |
Philip Busey Jr Treasurer | OfficerTrustee | 3 | $0 |
Heather Busey Director | Trustee | 1 | $0 |
Mark Parker Director | Trustee | 1 | $0 |
Laveryl Lower Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $428,236 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $428,236 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $428,236 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,259 |
| Compensation of current officers, directors, key employees. | $20,104 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,818 |
| Pension plan accruals and contributions | $1,445 |
| Other employee benefits | $0 |
| Payroll taxes | $94,777 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $14,866 |
| Royalties | $0 |
| Occupancy | $36,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,522 |
| Insurance | $8,602 |
| All other expenses | $8,963 |
| Total functional expenses | $406,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,363 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $93,363 |
| Accounts payable and accrued expenses | $41,869 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $41,869 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $30,163 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $21,331 |
| Total liabilities and net assets/fund balances | $93,363 |