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 06/2021, Dean Mcgee Eye Institute employed 424 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 06/2020, Dean Mcgee Eye Institute generated $49.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $49.8m during the year ending 06/2020. While expenses have increased by 3.7% per year over the past 6 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
2020
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 179,320 PATIENT VISITS AND PROVIDED INDIGENT CARE IN EXCESS OF $1,524,000
PROVIDED VIVARIUM, PATHOLOGY, AND MICROSCOPY LABORATORY SERVICES TO NATIONAL INSTITUTE OF HEALTH (NIH) FUNDED PRINCIPAL INVESTIGATORS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vinay Shah Ophthalmologist (md) | 40 | $945,918 | |
David Jackson Ophthalmologist (md) | 40 | $622,399 | |
Ralph Hester Ophthalmologist (md) | 40 | $606,573 | |
Mahmoud Khaimi Ophthalmologist (md) | 40 | $559,121 | |
Andrew Bailey Ophthalmologist (md) | 40 | $408,238 | |
Garyl G Geist Evp/coo | OfficerTrustee | 60 | $252,393 |
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 | $4,234,160 |
Investment income | $23,893 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $48,434 |
Net Gain/Loss on Asset Sales | $9,000 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $49,025,501 |
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. | $433,306 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $22,223,005 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,631,491 |
Payroll taxes | $1,105,985 |
Fees for services: Management | $0 |
Fees for services: Legal | $86,074 |
Fees for services: Accounting | $97,161 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $996,359 |
Advertising and promotion | $115,269 |
Office expenses | $2,217,694 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $837,994 |
Travel | $174,808 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $33,436 |
Interest | $109,438 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,853,481 |
Insurance | $756,415 |
All other expenses | $0 |
Total functional expenses | $49,757,752 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,598,190 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,852,196 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $568,418 |
Inventories for sale or use | $1,735,080 |
Prepaid expenses and deferred charges | $313,606 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,282,656 |
Total assets | $54,603,133 |
Accounts payable and accrued expenses | $7,536,600 |
Grants payable | $0 |
Deferred revenue | $3,871,296 |
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 | $4,010,000 |
Other liabilities | $1,290,078 |
Total liabilities | $16,707,974 |
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 | $37,895,159 |
Over the last fiscal year, we have identified 16 grants that Dean Mcgee Eye Institute has recieved totaling $1,656,000.
Awarding Organization | Amount |
---|---|
E L And Thelma Gaylord Foundation Oklahoma City, OK PURPOSE: GENERAL PURPOSE | $254,000 |
Sarkeys Foundation Norman, OK PURPOSE: ESTABLISHMENT OF AN ENDOWED CHAIR IN OPHTHALMOLOGY | $200,000 |
Sarkeys Foundation Norman, OK PURPOSE: ESTABLISHMENT OF AN ENDOWED CHAIR IN OPHTHALMOLOGY | $200,000 |
Sarkeys Foundation Norman, OK PURPOSE: ESTABLISHMENT OF AN ENDOWED CHAIR IN OPHTHALMOLOGY | $200,000 |
Sarkeys Foundation Norman, OK PURPOSE: ESTABLISHMENT OF AN ENDOWED CHAIR IN OPHTHALMOLOGY | $200,000 |
Sarkeys Foundation Norman, OK PURPOSE: ESTABLISHMENT OF AN ENDOWED CHAIR IN OPHTHALMOLOGY | $200,000 |
Beg. Balance | $15,295,127 |
Earnings | $3,935,781 |
Admin Expense | $1,689,832 |
Net Contributions | $29,908 |
Ending Balance | $17,570,984 |
Organization Name | Assets | Revenue |
---|---|---|
Dean Mcgee Eye Institute Oklahoma City, OK | $54,603,133 | $49,025,501 |
Retina Foundation Of The Southwest Dallas, TX | $12,529,577 | $5,235,992 |
Hermann Eye Fund Houston, TX | $36,488,074 | $1,787,346 |
Retina Research Foundation Houston, TX | $4,418,640 | $2,470,353 |
Tarrant Eye Resources Inc Fort Worth, TX | $1,198,647 | $1,092,052 |
Ensight Skill Center Fort Collins, CO | $243,421 | $539,229 |
Benign Essential Blepharospasm Research Foundation Inc Beaumont, TX | $1,823,419 | $511,633 |
Optometric Glaucoma Society Lawrence, KS | $295,760 | $141,814 |
Kino-Eye Centere For Visual Innovation Houston, TX | $39,958 | $0 |
Schepens International Society Houston, TX | $0 | $0 |
Retina Research & Development Foundation Saint Louis, MO | $3,068,482 | $101,493 |
Lions Eye Foundation Of District 26-M2 Washington, MO | $1,227,117 | $98,358 |