Civic Center Foundation
- Assets
- $14.3m
- Revenue
- $9.4m
- Investments
- $0.0
- Employees
- 90
- Location
- Oklahoma City, OK
- Founding
- 12/2001
- Data as of
- 06/2022
- EIN
- 73-1606322
Organization Overview
Civic Center Foundation is located in Oklahoma City, OK. The organization was established in 2001. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Civic Center Foundation employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Civic Center Foundation 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 06/2022, Civic Center Foundation generated $9.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 40.4% each year . All expenses for the organization totaled $6.3m during the year ending 06/2022. While expenses have increased by 29.3% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENSURE A STRONG AND VIBRANT PERFORMING ARTS PRESENCE IN OKLAHOMA CITY THROUGH CONTINUED CAPITAL IMPROVEMENTS OF THE CIVIC CENTER MUSIC HALL AND COMMUNITY-WIDE EDUCATIONAL OUTREACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THEATRE PRODUCTIONS - DURING THE FISCAL YEAR ENDING JUNE 30, 2022, THE CIVIC CENTER MUSIC HALL HOSTED 167 PERFORMANCES, 65 OTHER EVENTS, AND 171,147 PATRONS AND GUESTS WERE IN ATTENDANCE. ON AUGUST 4, 2021, THE FOUNDATION ENTERED INTO A PARTICIPATION AGREEMENT WITH THE CITY TO CONTRIBUTE $900,000 TOWARD CIVIC CENTER RENOVATIONS. THIS CONTRIBUTION WAS PAID DURING OCTOBER 2021 OUT OF THE CAPITAL PROJECTS FUND. THE FOUNDATION ALSO CONTRIBUTED $203,127 TO INSTALL ADDITIONAL CARPET WITHIN THE CIVIC CENTER RENOVATIONS ON MARCH 3, 2022.
SUITE LEASE, FOOD AND BEVERAGE, AND MANAGEMENT FEE REVENUE.
PRESENTATIONS - DURING THE FISCAL YEAR ENDING JUNE 30, 2022, THE CIVIC CENTER FOUNDATION PRESENTED WITH OKC BROADWAY 13 EVENTS AND 100,276 PATRONS AND GUESTS WERE IN ATTENDANCE.
ROSE STATE PRODUCTIONS - DURING THE FISCAL YEAR ENDING JUNE 30, 2022, THE CIVIC CENTER FOUNDATION MANAGED 47 EVENTS AT THE HUDIBURG PERFORMING ARTS CENTER AND 47,143 PATRONS AND GUESTS WERE IN ATTENDANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Marcum President | Trustee | 2 | $0 |
Kathy Williams Vice-President | Trustee | 2 | $0 |
Gregg Henson Treasurer | OfficerTrustee | 2 | $0 |
Susan Turpen Secretary | Trustee | 2 | $0 |
Teresa Rose-Crook President Emeritus | Trustee | 2 | $0 |
Sunny Cearly Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,637,927 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,497 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,697,424 |
| Total Program Service Revenue | $4,988,958 |
| Investment income | $6,464 |
| 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 | $372,637 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,433,926 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,203,127 |
| 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. | $207,092 |
| Compensation of current officers, directors, key employees. | $103,546 |
| Compensation to disqualified persons | $1,854,546 |
| Other salaries and wages | $48,877 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $170,141 |
| Payroll taxes | $159,161 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,490 |
| Fees for services: Accounting | $48,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $272,428 |
| Advertising and promotion | $133,808 |
| Office expenses | $33,460 |
| Information technology | $123,024 |
| Royalties | $0 |
| Occupancy | $454,980 |
| Travel | $2,915 |
| 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 | $512 |
| Insurance | $48,605 |
| All other expenses | $309,763 |
| Total functional expenses | $6,295,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,572,777 |
| Savings and temporary cash investments | $7,482,211 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $887,886 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $35,583 |
| Prepaid expenses and deferred charges | $287,866 |
| Net Land, buildings, and equipment | $23,042 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,289,365 |
| Accounts payable and accrued expenses | $1,642,576 |
| Grants payable | $0 |
| Deferred revenue | $684,070 |
| 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 | $2,326,646 |
| Net assets without donor restrictions | $11,962,719 |
| 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 | $14,289,365 |