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Nonprofiteer
← OKLAHOMA BIOSCIENCE INSTITUTE

Form 990 for tax year 2022

Filed by OKLAHOMA BIOSCIENCE INSTITUTE.

Totals

Total revenue
$250,832
Total expenses
$527,846
Contributions and grants received
$169,650
Grants paid
$350,000
Program service revenue
$97,547
Investment income
$0
Other revenue
-$16,365
Total assets, end of year
$164,898
Total liabilities, end of year
$116,181
Net assets or fund balances, end of year
$48,717
Program services expenses (Part IX)
$502,326
Management and general expenses
$24,813
Fundraising expenses
$707
Program service expenses (Part III)
$502,326

Program services were 95.2% 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.

  • 1c · Fundraising events

    $33,150

  • 1d · Related organizations

    $1,800

  • 1f · All other contributions, gifts and grants

    $134,700

  • 2a · Program service revenue: BIOTECHNOLOGY INNOVATI

    total $97,547 · related or exempt $97,547

  • 8a · Fundraising events: gross income

    $5,951

  • 8a · Fundraising events: contributions included on line 1c

    $33,150

  • 8b · Fundraising events: direct expenses

    $22,480

  • 8c · Net income from fundraising events

    total -$16,529 · excluded -$16,529

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $164 · related or exempt $164

  • 11e · Other revenue, total

    $164

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $350,000 · program services $350,000

  • 7 · Other salaries and wages

    total $59,283 · program services $47,741 · management and general $10,967 · fundraising $575

  • 8 · Pension plan contributions

    total $1,818 · program services $1,464 · management and general $336 · fundraising $18

  • 9 · Other employee benefits

    total $6,481 · program services $5,219 · management and general $1,199 · fundraising $63

  • 10 · Payroll taxes

    total $5,226 · program services $4,208 · management and general $967 · fundraising $51

  • 11c · Fees: accounting

    total $3,660 · management and general $3,660

  • 12 · Advertising and promotion

    total $106 · management and general $106

  • 13 · Office expenses

    total $3,226 · program services $460 · management and general $2,766

  • 14 · Information technology

    total $2,546 · management and general $2,546

  • 17 · Travel

    total $5,234 · program services $5,234

  • 19 · Conferences, conventions and meetings

    total $88,000 · program services $88,000

  • 23 · Insurance

    total $2,266 · management and general $2,266

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $457,170 · end of year $164,898

  • 17 · Accounts payable and accrued expenses

    beginning of year $112,660 · end of year $660

  • 25 · Other liabilities

    beginning of year $18,779 · end of year $115,521

  • 27 · Net assets without donor restrictions

    beginning of year $325,731 · end of year $48,717

Mission and programs · 2022

Mission

THE MISSION OF THE OKLAHOMA BIOSCIENCE ASSOCIATION IS TO PROMOTE THE GROWTH OF BIOSCIENCES IN OKLAHOMA THROUGH PARTNERSHIP BUILDING, EDUCATION AND OUTREACH, NETWORKING, POLICY DEVELOPMENT AND PUBLICITY.

  • THE OKLAHOMA BIOSCIENCE INSTITUTE'S MISSION IS ACCOMPLISHED THROUGH EDUCATION AND TRAINING WORKSHOPS, GENERAL OUTREACH TO THE PUBLIC, AND EDUCATION AND INFORMATION SHARING MEDIA.

    Expenses $502,326 · Grants $350,000 · Revenue $97,711

As filed on the 2022 return.

Listed in Part VII

  • Mark Poole

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Brad Krieger

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Michael Labrie

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Howard Barnett Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Michael Basch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Steve Cropper

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Carl Edwards

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Philip Eller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Tom Evans

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Chris Fleming

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Christy Gillenwater

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Danny Hilliard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Arthur Jackson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Philip Kurtz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Devon Laney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Rick McCune

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Jennifer McGrail

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Mark Nance

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • David Pitts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Ryan Posey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Meg Salyer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Darryl Schmidt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Craig Shimasaki

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • James Spann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Robert Thomas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Rose Washington

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Andrew S Weyrich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Roy Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Duane Wilson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Scott Meacham

    CEO

    Total calculated
    $221,243
    From this org
    $0
    From related orgs
    $221,243
    Other
    $0
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $171,959 related
    Bonus
    $0 + $49,284 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $221,243 related
  • Rex Smitherman

    I2E PRESIDENT

    Total calculated
    $229,049
    From this org
    $0
    From related orgs
    $210,942
    Other
    $18,107
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $149,402 related
    Bonus
    $0 + $61,540 related
    Other
    $0
    Deferred
    $0 + $6,413 related
    Nontaxable benefits
    $0 + $11,694 related
    Filer's total
    $0 + $229,049 related
  • Mark Lauinger

    SVP CLIENT SERVICES

    Total calculated
    $185,119
    From this org
    $0
    From related orgs
    $163,670
    Other
    $21,449
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $123,783 related
    Bonus
    $0 + $39,887 related
    Other
    $0
    Deferred
    $0 + $5,133 related
    Nontaxable benefits
    $0 + $16,316 related
    Filer's total
    $0 + $185,119 related
  • Sarah Seagraves

    SVP MARKETING

    Total calculated
    $99,190
    From this org
    $0
    From related orgs
    $96,305
    Other
    $2,885
    Hours/week
    1 + 40 related
  • Judy Beech

    VP OF FINANCE

    Total calculated
    $169,318
    From this org
    $0
    From related orgs
    $157,865
    Other
    $11,453
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $117,623 related
    Bonus
    $0 + $40,242 related
    Other
    $0
    Deferred
    $0 + $4,826 related
    Nontaxable benefits
    $0 + $6,627 related
    Filer's total
    $0 + $169,318 related
  • Darcy Wilborn

    VP OF OPERATIONS

    Total calculated
    $109,601
    From this org
    $0
    From related orgs
    $106,408
    Other
    $3,193
    Hours/week
    1 + 40 related
  • Justin Wilson

    IMCI MANAGING DIRECTOR/PRESIDENT

    Total calculated
    $296,631
    From this org
    $0
    From related orgs
    $296,631
    Other
    $0
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $210,648 related
    Bonus
    $0 + $85,983 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $296,631 related
  • Richard Rainey

    VENTURE ADVISOR

    Total calculated
    $136,886
    From this org
    $0
    From related orgs
    $116,855
    Other
    $20,031
    Hours/week
    1 + 40 related
  • Malachi Blankenship

    VENTURE ADVISOR

    Total calculated
    $134,208
    From this org
    $0
    From related orgs
    $113,286
    Other
    $20,922
    Hours/week
    1 + 40 related
  • Srijita Ghosh

    VENTURE ADVISOR

    Total calculated
    $110,317
    From this org
    $0
    From related orgs
    $100,440
    Other
    $9,877
    Hours/week
    1 + 40 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE ORGANIZATION RELIES ON I2E, INC., A RELATED TAX-EXEMPT ORGANIZATION, TO ESTABLISH COMPENSATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • I2E INC

    501(C)(3) · NURTURING ENTREPRENEURS & HIGH-GROWTH COMPANIES IN OKLAHOMA · OK

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • I2E MANAGEMENT COMPANY INC

    C · MANAGEMENT · OK

Provenance

Return type
form_990
Tax year
2022
Filed
10 May 2024
IRS schema version
2022v5.0
Source object
202411359349303411

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

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