Oktoberfest Inc

Organization Overview

Oktoberfest Inc is located in Tulsa, OK. The organization was established in 1982. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Oktoberfest 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 03/2023, Oktoberfest Inc generated $5.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $6.1m during the year ending 03/2023. While expenses have increased by 12.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE GERMAN AND EUROPEAN CULTURE THROUGH FESTIVALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CULTURAL FESTIVALS AT RIVER PARKS.


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Board, Officers & Key Employees

Name (title)Compensation
Tonja Carrigg
Director
$0
Name Not Listed
Board Member
$0
Name Not Listed
Board Member
$0
Name Not Listed
Board Member
$0
Ashley Webb
Chair
$0
Mike Dodson
Vice Chair
$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$371,836
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$371,836
Total Program Service Revenue$5,217,318
Investment income $9,538
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 $5,598,692

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