Oklahoma Forest Heritage Center Inc
- Assets
- $693.8k
- Revenue
- $112.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Broken Bow, OK
- Founding
- 11/1975
- Data as of
- 12/2022
- EIN
- 51-0172085
Organization Overview
Oklahoma Forest Heritage Center Inc is located in Broken Bow, OK. The organization was established in 1975. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Forest Heritage Center 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, Oklahoma Forest Heritage Center Inc generated $112.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $79.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 7 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
SPONSOR, ENCOURAGE, FINANCE AND COOPERATE WITH EDUCATIONAL INSTITUTIONS TO INFORM STUDENTS, AS WELL AS THE GENERAL PUBLIC, OF THE HISTORY AND DEVELOPMENT OF OUR NATION'S
Describe the Organization's Program Activity:
Part 3 - Line 4a
A CONTRACT INDIVIDUAL OVERSEES THE OPERATION OF FOREST HERITAGE CENTER AND ITS MUSEUM. OVER 45000 PEOPLE VISIT THE ATTRACTIONS A YEAR WITH PLANNING AND OVERSEEING OF ALL SPECIAL EVENTS.
CAMP DISCOVER & FOREST YOUTH CAMP FOR THE YOUNG PEOPLE. AROUND 35 ATTEND PLUS OBSERVERS THE CAMP, WHICH MAKES CHILDREN AWARE OF THE IMPORTANCE OF FORESTS AND WOOD PRODUCTS. AWARDS LUNCHEON FOR THE TREE FARMER OF THE YEAR AND THE LOGGER OF THE YEAR.
OVER 16500 PEOPLE ATTEND THE FOLK FESTIVAL IN NOVEMBER OF EACH YEAR. FORESTRY RELATED ARTS AND CRAFTS WITH DEMONSTRATIONS OF SOME OF THE ARTS AND CRAFTS. IN 2020 THE FOLK FESTIVAL WAS CANCELLED DUE TO THE COVID OUTBREAK. THE FOLK FESTIVAL DID NOT HAPPEN IN 2021.
OVER 4000 PEOPLE ATTEND THE SPRING & FALL ART EXHIBIT. INVITE PROFESSIONAL WOODCRAFTERS TO DISPLAY THEIR WORKS. THE FALL EXHIBIT WAS CANCELLED IN 2020. ONLY ONE OF THE EXHIBITS HAPPEN IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Harder Chairman | Officer | 1 | $0 |
Brain Mcclain Vice Chairman | Officer | 1 | $0 |
Stacey Ebert Sec/treasurer | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,425 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,253 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,678 |
| Total Program Service Revenue | $25,302 |
| Investment income | $9,198 |
| 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 | $112,276 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,100 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,000 |
| Fees for services: Accounting | $3,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,150 |
| Office expenses | $566 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $140 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $800 |
| All other expenses | $32,025 |
| Total functional expenses | $79,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15 |
| Savings and temporary cash investments | $668,813 |
| 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 | $25,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $693,828 |
| Accounts payable and accrued expenses | $2,802 |
| Grants payable | $0 |
| Deferred revenue | $89,511 |
| 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 | $92,313 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $601,515 |
| Total liabilities and net assets/fund balances | $693,828 |