Arts Council Of Oklahoma City
- Assets
- $3.3m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 17
- Location
- Oklahoma City, OK
- Founding
- Data as of
- 06/2023
- EIN
- 73-6112471
Organization Overview
Arts Council Of Oklahoma City, operating under the name Arts Council Okc, is located in Oklahoma City, OK. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Arts Council Okc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts Council Okc 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 06/2023, Arts Council Okc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 42.8% each year . All expenses for the organization totaled $3.6m during the year ending 06/2023. While expenses have increased by 29.7% per year over the past 3 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
WE PROMOTE PUBLIC AWARENESS AND SUPPORT FOR THE ARTS THROUGH OUR MISSION OF BRINGING THE ARTS AND THE COMMUNITY TOGETHER. OUR FREE AND LOW-COST EVENTS AND PROGRAMS REACH NEARLY ONE MILLION PEOPLE ANNUALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 1967, THE FESTIVAL OF THE ARTS HAS SERVED AS THE STATE'S LARGEST FINE ARTS FESTIVAL WITH AN ATTENDANCE OF MORE THAN 550,000 IN 6 DAYS. THE EVENT, WHICH IS FREE TO THE PUBLIC, FEATURES 144 ARTISTS FROM ACROSS THE COUNTRY, LIVE PERFORMING ARTS ENTERTAINMENT ON TWO STAGES, STREET PERFORMANCES, INTERNATIONAL CUISINE FROM 30 VENDORS, EXTENSIVE AND ENGAGING PROGRAMMING FOR YOUTH, AND INTERACTIVE ART ACTIVITIES FOR ALL AGES. FESTIVAL OF THE ARTS IS THE SINGLE LARGEST FUNDING SOURCE FOR ALL OTHER ARTS COUNCIL OKC PROGRAMS.
SINCE 1987, OPENING NIGHT HAS PROVIDED A PLACE FOR FAMILIES AND FRIENDS TO ENJOY THE PERFORMING ARTS AND TO CELEBRATE THE NEW YEAR. THE ARTS COUNCIL OKC KEEPS ADMISSION COSTS LOW AND THE QUALITY OF PERFORMING ARTS HIGH FOR APPROXIMATELY 10000 PEOPLE WHO ATTEND EACH YEAR. PERFORMERS TAKE THE STAGE THROUGHOUT THE NIGHT AT 9 DIFFERENT STAGES AND AS THE MIDNIGHT HOUR APPROACHES, REVELERS ENJOY A SPECIAL FINALE COUNTDOWN COMPLETE WITH THE TRADITIONAL OPENING NIGHT BALL AND ONE OF THE STATE'S LARGEST FIREWORKS SHOWS.
ALL ACCESS ARTS REACHES MORE THAN 5,000 YOUTH AND SENIORS EACH YEAR. THIS PROGRAM CONSISTS OF SEVERAL PROJECTS THAT PROVIDE ARTS EDUCATION FOR AT-RISK AND UNDERSERVED COMMUNITIES THE THROUGHOUT OKLAHOMA CITY METRO AREA. AAA IS POSSIBLE THROUGH NUMEROUS PARTNERSHIPS WITH COMMUNITY AGENCIES AND OFFERS HIGH-QUALITY, IN-DEPTH, MULTIDISCIPLINARY ARTS INSTRUCTION AND PERFORMANCE. FOR MANY PARTICIPANTS, THESE PROGRAMS ARE THEIR ONLY ACCESS TO THE ARTS. IN ADDITION TO THESE PROJECTS, AAA ALSO PROVIDES TEENS WITH PRODUCTIVE LEADERSHIP OPPORTUNITIES IN THE ARTS THROUGH ITS TEEN ARTS COUNCIL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Dolese Former Executive Director | Officer | 35 | $122,962 |
Marie Smith Finance Director | Officer | 35 | $84,738 |
Angela Cozby Executive Director | Officer | 35 | $65,113 |
Brian Alford President | Trustee | 0.5 | $0 |
Tyler Bolton Trustee | Trustee | 0.5 | $0 |
Andy Burnett Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $300,700 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $83,566 |
| All other contributions, gifts, grants, and similar amounts not included above | $749,760 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,134,026 |
| Total Program Service Revenue | $2,416,118 |
| Investment income | $58,507 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,450 |
| 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 | $3,611,101 |
| 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. | $311,749 |
| Compensation of current officers, directors, key employees. | $133,176 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $432,886 |
| Pension plan accruals and contributions | $10,578 |
| Other employee benefits | $75,189 |
| Payroll taxes | $57,031 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,538 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $322,380 |
| Advertising and promotion | $24,626 |
| Office expenses | $108,789 |
| Information technology | $31,905 |
| Royalties | $0 |
| Occupancy | $86,308 |
| Travel | $7,434 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,942 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $165,707 |
| Insurance | $110,452 |
| All other expenses | $1,276 |
| Total functional expenses | $3,571,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,744 |
| Savings and temporary cash investments | $376,759 |
| Pledges and grants receivable | $318,633 |
| Accounts receivable, net | $10,141 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,134 |
| Prepaid expenses and deferred charges | $26,039 |
| Net Land, buildings, and equipment | $893,448 |
| Investments—publicly traded securities | $1,568,692 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $115,822 |
| Total assets | $3,319,412 |
| Accounts payable and accrued expenses | $78,327 |
| 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 | $78,327 |
| Net assets without donor restrictions | $3,210,252 |
| Net assets with donor restrictions | $30,833 |
| 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 | $3,319,412 |