Skip to content
Nonprofiteer
← UNIVERSITY OF SCIENCE AND ARTS OF OKLAHOMA ALUMNAE ASSOCIATION INC

Form 990 for tax year 2024

Filed by UNIVERSITY OF SCIENCE AND ARTS OF OKLAHOMA ALUMNAE ASSOCIATION INC.

Totals

Total revenue
$175,532
Total expenses
$157,141
Contributions and grants received
$38,350
Grants paid
$118,845
Program service revenue
$11,615
Investment income
$122,733
Other revenue
$2,834
Total assets, end of year
$3,204,444
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$3,204,444
Program services expenses (Part IX)
$144,574
Management and general expenses
$12,567
Fundraising expenses
$0
Program service expenses (Part III)
$144,574

Program services were 92.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $38,350

  • 2a · Program service revenue: HOMECOMING

    total $11,615 · related or exempt $11,615

  • 3 · Investment income

    total $102,258 · excluded $102,258

  • 5 · Royalties

    total $2,834 · excluded $2,834

  • 7a · Gross sales of assets other than inventory

    other assets $20,475

  • 7c · Gain or loss

    other assets $20,475

  • 7d · Net gain or loss

    total $20,475 · excluded $20,475

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $118,845 · program services $118,845

  • 11c · Fees: accounting

    total $6,190 · management and general $6,190

  • 11f · Fees: investment management

    total $22,560 · program services $22,560

  • 12 · Advertising and promotion

    total $503 · management and general $503

  • 13 · Office expenses

    total $93 · management and general $93

  • 23 · Insurance

    total $1,266 · management and general $1,266

  • 24a · Other expenses: MISCELLANEOUS

    total $4,515 · management and general $4,515

  • 24b · Other expenses: HOMECOMING

    total $3,169 · program services $3,169

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $641,009 · end of year $54,648

  • 4 · Accounts receivable

    beginning of year $45 · end of year $45

  • 11 · Investments: publicly traded securities

    beginning of year $2,353,248 · end of year $3,135,205

  • 14 · Intangible assets

    beginning of year $14,546 · end of year $14,546

  • 27 · Net assets without donor restrictions

    beginning of year -$580,516 · end of year -$570,296

  • 28 · Net assets with donor restrictions

    beginning of year $3,589,364 · end of year $3,774,740

Mission and programs · 2024

Mission

THE PURPOSE OF THE ASSOCIATION IS TO PERPETUATE AND PROMOTE THE INTEREST OF THE UNIVERSITY OF SCIENCE AND ARTS OF OKLAHOMA (USAO), TO PROVIDE LEADERSHIP FOR THE ALUMNI, TO ENCOURAGE ENROLLMENT IN THE UNIVERSITY, AND TO TAKE OTHER ACTION AS MAY BE DEEMED BENEFICIAL FOR THE UNIVERSITY.

  • SCHOLARSHIPS USED FOR USAO STUDENTS

    Expenses $141,405 · Grants $118,845

  • HOMECOMING AND OTHER EVENTS AND PROJECTS FOR ALUMNI AND THE UNIVERSITY.

    Expenses $3,169

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Whitney Palesano

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    15
  • R Eugene Earsom

    PRESIDENT

    Total calculated
    $0
    Hours/week
    7
  • Charlie Largent

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1
  • Marissa Moore

    RECORDING SE

    Total calculated
    $0
    Hours/week
    5
  • Chris Willard

    CORRESPONDIN

    Total calculated
    $0
    Hours/week
    1
  • Nicole McMonagle

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Autumn Dalman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • April Lawrence

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Shepard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michelle Skinner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ron Sullivan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Beth Wehling

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jana Ware

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael McCormick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Barrett-Roberts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
8 May 2026
IRS schema version
2024v5.0
Source object
202601289349302365

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.