Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $1,986,969

• 1e · Government grants (contributions)

  $669,358

• 1f · All other contributions, gifts and grants

  $2,835,066

• 1g · Noncash contributions included above

  $320,811

• 2a · Program service revenue: MUSEUM ADMISSION

  total $1,662,710 · related or exempt $1,662,710

• 3 · Investment income

  total $626,931 · excluded $626,931

• 6a · Gross rents

  real property $13,932

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $13,932

• 6d · Net rental income or loss

  total $13,932 · excluded $13,932

• 7a · Gross sales of assets other than inventory

  securities $12,454,181

• 7b · Less cost or other basis and sales expenses

  securities $11,893,138

• 7c · Gain or loss

  securities $561,043

• 7d · Net gain or loss

  total $561,043 · excluded $561,043

• 8a · Fundraising events: gross income

  $2,044,990

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

  $1,986,969

• 8b · Fundraising events: direct expenses

  $3,680,484

• 8c · Net income from fundraising events

  total -$1,635,494 · excluded -$1,635,494

• 10a · Gross sales of inventory

  $414,603

• 10b · Cost of goods sold

  $240,302

• 10c · Net income from sales of inventory

  total $174,301 · related or exempt $139,441 · unrelated business $34,860

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $38,937 · related or exempt $38,937

• 11e · Other revenue, total

  $38,937

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $526,545 · program services $409,826 · management and general $89,188 · fundraising $27,531

• 7 · Other salaries and wages

  total $2,258,134 · program services $1,875,867 · management and general $66,363 · fundraising $315,904

• 8 · Pension plan contributions

  total $59,665 · program services $55,470 · fundraising $4,195

• 9 · Other employee benefits

  total $251,865 · program services $232,931 · management and general $8,945 · fundraising $9,989

• 10 · Payroll taxes

  total $219,508 · program services $189,759 · management and general $12,098 · fundraising $17,651

• 11b · Fees: legal

  total $41,344 · program services $37,133 · management and general $3,950 · fundraising $261

• 11c · Fees: accounting

  total $53,665 · program services $38,868 · management and general $13,214 · fundraising $1,583

• 11f · Fees: investment management

  total $11,992 · management and general $11,992

• 11g · Fees: other

  total $556,051 · program services $554,138 · management and general $1,913

• 12 · Advertising and promotion

  total $724,138 · program services $708,710 · management and general $2,272 · fundraising $13,156

• 13 · Office expenses

  total $325,735 · program services $300,103 · management and general $12,760 · fundraising $12,872

• 14 · Information technology

  total $187,528 · program services $182,274 · management and general $406 · fundraising $4,848

• 16 · Occupancy

  total $578,372 · program services $559,508 · management and general $9,656 · fundraising $9,208

• 17 · Travel

  total $631,427 · program services $631,427

• 19 · Conferences, conventions and meetings

  total $39,639 · program services $39,627 · fundraising $12

• 20 · Interest

  total $80,488 · program services $80,488

• 22 · Depreciation, depletion and amortization

  total $1,914,801 · program services $1,809,987 · management and general $104,814

• 24a · Other expenses: EDUCATION MATERIALS

  total $598,782 · program services $598,782

• 24b · Other expenses: BOARD EXPENSE

  total $423,198 · program services $423,030 · management and general $168

• 24c · Other expenses: BUILDING AND GROUNDS MA

  total $374,635 · program services $374,372 · management and general $236 · fundraising $27

• 24d · Other expenses: STAFF MEETINGS AND RECO

  total $196,062 · program services $195,541 · management and general $521

• 24e · All other expenses

  total $703,678 · program services $641,499 · management and general $17,898 · fundraising $44,281

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $120,150 · end of year $80,802

• 2 · Savings and temporary cash investments

  beginning of year $259,619 · end of year $261,097

• 3 · Pledges and grants receivable

  beginning of year $295,592 · end of year $1,680,220

• 4 · Accounts receivable

  beginning of year $252,319 · end of year $380,489

• 8 · Inventories for sale or use

  beginning of year $189,353 · end of year $226,234

• 9 · Prepaid expenses and deferred charges

  beginning of year $849,734 · end of year $666,495

• 10a · Land, buildings and equipment: cost or other basis

  $42,967,332

• 10b · Land, buildings and equipment: accumulated depreciation

  $29,005,862

• 10c · Land, buildings and equipment, net

  beginning of year $14,502,085 · end of year $13,961,470

• 11 · Investments: publicly traded securities

  beginning of year $18,616,005 · end of year $14,159,796

• 14 · Intangible assets

  beginning of year $31,058 · end of year $26,616

• 15 · Other assets

  beginning of year $170,527 · end of year $7,071

• 17 · Accounts payable and accrued expenses

  beginning of year $846,890 · end of year $793,091

• 19 · Deferred revenue

  beginning of year $1,246,015 · end of year $1,609,491

• 23 · Secured mortgages and notes payable

  beginning of year $1,146,533 · end of year $780,336

• 24 · Unsecured notes and loans payable

  beginning of year $382,001 · end of year $249,920

• 27 · Net assets without donor restrictions

  beginning of year $12,555,266 · end of year $11,437,412

• 28 · Net assets with donor restrictions

  beginning of year $19,109,737 · end of year $16,580,040

The filer's explanations (Part III)

PART I, LINE 7

THE BONUS FOR THE PRESIDENT AND CEO IS DISCUSSED BETWEEN THE FOUNDATION CHAIRMAN AND THE PRESIDENT AND CEO EACH YEAR DURING THE ANNUAL PERFORMANCE REVIEW. THE CHAIRMAN AND EXECUTIVE COMMITTEE APPROVES, IN WRITING, THE AGREED UPON BONUS.

FORM 990, SCHEDULE J

WAGE AMOUNTS INCLUDE THE AMOUNTS PAID TO EMPLOYEES FOR THEIR MANAGEMENT OF BOTH THE MEMORIAL & MUSEUM AND THE ANNUAL OKC MEMORIAL MARATHON. THE OKC MEMORIAL MARATHON IS PRODUCED AND MANAGED EXCLUSIVELY BY THE MEMORIAL & MUSEUM EMPLOYEES AND THEIR WAGES ARE REPRESENTATIVE OF THIS ROLE AS WELL AS THEIR MEMORIAL & MUSEUM ROLES.