Oklahoma Philharmonic Affiliated Fund Of The Oklahoma City
- Assets
- $10.6m
- Revenue
- $224.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 06/1996
- Data as of
- 06/2021
- EIN
- 73-1461680
Organization Overview
Oklahoma Philharmonic Affiliated Fund Of The Oklahoma City is located in Oklahoma City, OK. The organization was established in 1996. According to its NTEE Classification (A68) the organization is classified as: Music, 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 Philharmonic Affiliated Fund Of The Oklahoma City 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 06/2021, Oklahoma Philharmonic Affiliated Fund Of The Oklahoma City generated $224.0k 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 (13.0%) each year. All expenses for the organization totaled $310.6k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE OKC COMMUNITY FOUNDATION BY SUPPORTING THE OKLAHOMA PHILHARMONIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL DISTRIBUTIONS ARE MADE TO THE OKLAHOMA PHILHARMONIC SOCIETY, A SEC 501(C)(3) ORGANIZATION THAT SUPPORTS VARIOUS PHILHARMONIC ENDEAVORS IN THE LOCAL COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Barth Vice President | OfficerTrustee | 0.5 | $0 |
Chuck Wiggin President | OfficerTrustee | 0.5 | $0 |
Rhonda Godwin Vice Pres Administration | Officer | 0.25 | $0 |
Nancy B Anthony Secy/treasuer | Officer | 0.25 | $0 |
Elizabeth Eickman Dir Of Kirkpatrick Fam Fnd | Officer | 1 | $0 |
Paul Dudman Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $100 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $350 |
| Total Program Service Revenue | $0 |
| Investment income | $92,132 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $131,524 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $224,006 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $275,816 |
| 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 | $22,509 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,232 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $310,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $10,607,012 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,040 |
| Total assets | $10,611,052 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $561,865 |
| Net assets with donor restrictions | $10,049,187 |
| 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 | $10,611,052 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Oklahoma Philharmonic Affiliated Fund Of The Oklahoma City has recieved totaling $1,333,201.
| Awarding Organization | Amount |
|---|---|
Oklahoma City Community Foundation Inc Oklahoma City, OK PURPOSE: GENERAL PURPOSES | $1,000,201 |
Kirkpatrick Family Affiliated Fund Ok City Community Foundation Inc Oklahoma City, OK PURPOSE: GENERAL PURPOSES | $333,000 |
Endowment Analysis
| Beg. Balance | $8,591,697 |
| Earnings | $2,329,562 |
| Admin Expense | $34,741 |
| Net Contributions | $350 |
| Grants | $275,816 |
| Ending Balance | $10,611,052 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz At Aspen-Snowmass Aspen, CO | $5,325,438 | $11,239,996 |
Van Cliburn Foundation Inc Fort Worth, TX | $13,509,302 | $8,934,359 |
Harmony House Inc Houston, TX | $6,531,706 | $4,533,772 |
Jazz St Louis St Louis, MO | $11,818,193 | $2,884,733 |
Colorado Music Festival Boulder, CO | $2,219,616 | $3,012,496 |
Amp The Cause Denver, CO | $134,793 | $2,222,228 |
Da Camera Society Of Texas Houston, TX | $2,874,881 | $2,444,470 |
Strings Music Festival Steamboat Springs, CO | $9,630,765 | $2,301,723 |
Swallow Hill Music Association Denver, CO | $6,215,784 | $6,402,960 |
Youth On Record Denver, CO | $1,879,684 | $1,486,408 |
Ragtag Film Society Columbia, MO | $1,382,564 | $1,866,748 |
Radio Arts Foundation Clayton, MO | $3,517,540 | $1,458,263 |