Form 990 for tax year 2022

Totals

Total revenue

$804,767

Total expenses

$814,135

Contributions and grants received

$643,469

Grants paid

$355,900

Program service revenue

$95,614

Investment income

$2,920

Other revenue

$62,764

Total assets, end of year

$422,817

Total liabilities, end of year

$148,792

Net assets or fund balances, end of year

$274,025

Program services expenses (Part IX)

$785,163

Management and general expenses

$28,972

Fundraising expenses

$0

Program service expenses (Part III)

$785,163

Program services were 96.4% 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.

Mission and programs · 2022

• ANNUALLY, THE NAC GRANTS AT LEAST 60% OF THE FUNDS ALLOCATED TO THE ARTS FROM THE CITY OF NORMAN IN OUR GRANTS PROGRAMS. IN FY 22/23 WE PROVIDED OPERATIONAL AND/OR PROJECT SUPPORT TO THE VARIOUS ARTS ORGANIZATIONS WITHIN THE COMMUNITY. WE ALSO SUPPORT CHILDREN WITH ARTS EDUCATION SCHOLARSHIPS AND INDIVIDUAL ARTISTS WITH PROJECT GRANTS.

  Expenses $767,989 · Grants $355,900 · Revenue $76,450

• MAINSITE GALLERY EXHIBITS AND ARTS PROGRAMMING - THROUGH OUR EXHIBIT AND ARTS PROGRAM IN OUR GALLERY, MAINSITE, WE WORKED WITH OVER 200 LOCAL AND NATIONAL ARTISTS AND A FEW INTERNATIONAL ARTISTS.

  Expenses $13,005 · Revenue $15,107

• THE 2ND FRIDAY ART WALK CONTINUES TO BE ONE OF THE MOST POPULAR EVENTS IN NORMAN. EACH MONTH WE AVERAGE 1,500 VISITORS TO THE BUSINESSES, GALLERIES, ART ORGANIZATIONS, AND RESTAURANTS IN DOWNTOWN NORMAN. ART WALK HAS EXPANDED TO FOSTER PROPERIETOR RELATIONSHIPS WITH ARTISTS THAT GIVE THEM A VENUE TO PERFORM OR DISPLAY THEIR WORK OUTSIDE OF NORMAL OPERATIONG HOURS, A FOOD TRUCK AREA TO PROMOTE LOCAL SMALL BUSINESSES, AND IS NOW RECOGNIZED AS A SPECIAL EVENT WITH THE CITY OF NORMAN. THIS PROGRAM PAIRS VISUAL ARTISTS, PERFORMERS, AND MUSICIANS WITH THE BUSINESSES IN NORMAN TO BRING A NIGHT OF FREE ARTS EXPERIENCE TO THE COMMUNITY EACH MONTH.

  Expenses $4,169 · Revenue $11,507

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

• UNIVERSITY OF OKLAHOMA

  $52,727

• NORMAN MUSIC ALLIANCE

  $27,562

• THE DEPOT

  $26,005

• SOONER THEATRE

  $25,667

• JAZZ IN JUNE

  $24,133

• FIREHOUSE ART CENTER

  $23,625

• CENTRAL OKLAHOMA DANCE COMPANY

  $19,825

• A TO Z PRODUCTIONS

  $19,789

• NAMRON PLAYERS THEATRE

  $18,836

• NORMAN BALLET COMPANY

  $18,794

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type

form_990

Tax year

2022

Filed

15 May 2024

IRS schema version

2022v5.0

Source object

202411369349306016

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.