Ardmore Sample Cut And Library Inc is located in Ardmore, OK. The organization was established in 1985. According to its NTEE Classification (U36) the organization is classified as: Geology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ardmore Sample Cut And Library 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 12/2023, Ardmore Sample Cut And Library Inc generated $61.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $52.1k during the year ending 12/2023. While expenses have increased by 1.3% per year over the past 4 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO MANAGE AND OPERATE A REPOSITORY FOR GEOLOGICAL DATA FOR USE BY INDUSTRY, EDUCATORS AND STUDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERTED A REPOSITORY FOR THE GEOLOGIC DATA FOR USE BY INDUSTY, EDUCATORS AND STUDENTS. DURING 2022, THERE WERE APPROXIMATELY 70 VISITS/USES OF THE LIBRARY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laurie Price Executive Di | Officer | 30 | $33,500 |
Tom Dunlap Director, Se | OfficerTrustee | $0 | |
Mark Habeck Director | Trustee | $0 | |
Chuck Price Director, Pr | OfficerTrustee | $0 | |
Joe Rison Director, VP | OfficerTrustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $36,242 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $25,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $61,242 |
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 | $61,242 |
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. | $33,500 |
Compensation of current officers, directors, key employees. | $5,025 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,816 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $710 |
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 | $4,256 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,576 |
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 | $0 |
Insurance | $250 |
All other expenses | $0 |
Total functional expenses | $52,108 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,236 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $11,954 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,504,166 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $32,048 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,559,404 |
Accounts payable and accrued expenses | $2,510 |
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 | $2,510 |
Net assets without donor restrictions | $1,556,894 |
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 | $0 |
Total liabilities and net assets/fund balances | $1,559,404 |