Dean Mcgee Eye Institute is located in Oklahoma City, OK. The organization was established in 1973. According to its NTEE Classification (H41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments Research, under the broad grouping of Medical Research and related organizations. As of 06/2022, Dean Mcgee Eye Institute employed 417 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dean Mcgee Eye Institute 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, Dean Mcgee Eye Institute generated $54.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $53.1m during the year ending 06/2021. While expenses have increased by 4.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MEDICAL CARE, MEDICAL EDUCATION AND RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EYE CARE IN OVER 216,250 PATIENT VISITS AND PROVIDED INDIGENT CARE IN EXCESS OF $585,000
PROVIDED VIVARIUM, PATHOLOGY, AND MICROSCOPY LABORATORY SERVICES TO NATIONAL INSTITUTE OF HEALTH (NIH) FUNDED PRINCIPAL INVESTIGATORS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Garyl G Geist Evp/coo | OfficerTrustee | 60 | $252,590 |
Michael Siatkowski MD CEO | OfficerTrustee | 60 | $150,000 |
David E Rainbolt Chairman | OfficerTrustee | 0.5 | $0 |
James R Tolbert III Chairman Emeritus | OfficerTrustee | 0.05 | $0 |
Michael Joseph Secretary | OfficerTrustee | 0.05 | $0 |
Jason Sanders MD Trustee (until 1/22) | Trustee | 0.05 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
T Scott Construction Llc Construction | 6/29/18 | $1,041,401 |
Scott C Sigler Md Oculoplastics Physician | 6/29/18 | $130,326 |
First Maintenance Llc Housekeeping | 6/29/18 | $194,446 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,612,872 |
Investment income | $6,244 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $47,403 |
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 | $54,739,557 |
Statement of Expenses | |
---|---|
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. | $568,589 |
Compensation to disqualified persons | $241,850 |
Other salaries and wages | $22,211,530 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $2,717,342 |
Payroll taxes | $1,300,860 |
Fees for services: Management | $0 |
Fees for services: Legal | $79,673 |
Fees for services: Accounting | $77,353 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,023,769 |
Advertising and promotion | $123,833 |
Office expenses | $2,221,998 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $838,276 |
Travel | $40,779 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $16,417 |
Interest | $19,356 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,012,313 |
Insurance | $299,891 |
All other expenses | $0 |
Total functional expenses | $53,079,454 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,764,361 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,297,292 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $297,571 |
Inventories for sale or use | $1,861,798 |
Prepaid expenses and deferred charges | $300,280 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $1,035,788 |
Other assets | -$133,710 |
Total assets | $52,380,572 |
Accounts payable and accrued expenses | $8,807,694 |
Grants payable | $0 |
Deferred revenue | $3,131,170 |
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 | $886,446 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $12,825,310 |
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 |
Total liabilities and net assets/fund balances | $39,555,262 |