Open Design Collective Inc
- Assets
- $10.4k
- Revenue
- $120.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Oklahoma City, OK
- Founding
- 06/2018
- Data as of
- 05/2023
- EIN
- 82-5457203
Organization Overview
Open Design Collective Inc is located in Oklahoma City, OK. The organization was established in 2018. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Design Collective Inc 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 05/2023, Open Design Collective Inc generated $120.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (30.6%) each year. All expenses for the organization totaled $220.7k during the year ending 05/2023. 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
SUPPORTING THE SOCIAL AND SPATIAL NEEDS OF UNDERREPRESENTED COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENGAGEMENT & CAPACITY BUILDING: WE DESIGN AND CREATE FRAMEWORKS TO CODESIGN NEIGHBORHOOD SPACES ALONGSIDE COMMUNITY MEMBERS. ADDITIONALLY, WE DEVELOP AND IMPLEMENT EDUCATIONAL CONTENT AND WORKSHOPS TO SUPPORT COMMUNITIES WITH CAPACITY BUILDING. WE WORK ALONGSIDE COMMUNITIES TO ENGAGE AND CO-LEAD THE DESIGN AND PLANNING PROCESS.
DESIGN: DESIGNING SPACES ALONGSIDE COMMUNITY MEMBERS THAT REPRESENT AND AFFIRM CULTURE.
CULTURAL PRESERVATION: WE WORK TO PROTECT AND HONORING HISTORY AND CULTURE TO INFORM FUTURE POSSIBILITIES WITH COMMUNITIES.
CITY PLANNING & URBAN DESIGN: CONDUCTING PLANNING EFFORTS, SUCH AS MASTER PLANS AND POLICY RECOMMENDATIONS, TO HELP ADDRESS CURRENT NEEDS WHILE PLANNING FOR THE FUTURE VISION OF COMMUNITIES. OUR INTENTION IS TO HELP STRENGTHEN QUALITY OF LIFE AND SUPPORT INCLUSIVE PLANNING, DESIGN, AND DEVELOPMENT PRACTICES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vanessa Morrison President | OfficerTrustee | 10 | $0 |
Deborah Richards Vice President | OfficerTrustee | 10 | $0 |
John Harris Board Memeber | Trustee | 0.25 | $0 |
Gabrielle Butler Board Memeber | Trustee | 0.25 | $0 |
Alana House Board Memeber | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $54,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $66,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,300 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $120,300 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $749 |
| 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 | $57,917 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,722 |
| Payroll taxes | $4,857 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,191 |
| Fees for services: Accounting | $7,792 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $104,515 |
| Advertising and promotion | $939 |
| Office expenses | $934 |
| Information technology | $5,728 |
| Royalties | $0 |
| Occupancy | $3,956 |
| 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 | $575 |
| Total functional expenses | $220,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,404 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,404 |
| Accounts payable and accrued expenses | $2,599 |
| 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 | $2,599 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $7,805 |
| Total liabilities and net assets/fund balances | $10,404 |