Form 990 for tax year 2023

Filed by OKLAHOMA CITY MUSEUM OF ART.

Totals

Total revenue: $5,683,028
Total expenses: $7,045,090
Contributions and grants received: $4,122,491
Grants paid: $0
Program service revenue: $619,369
Investment income: $681,593
Other revenue: $259,575
Total assets, end of year: $47,807,044
Total liabilities, end of year: $922,819
Net assets or fund balances, end of year: $46,884,225
Program services expenses (Part IX): $5,118,025
Management and general expenses: $1,460,332
Fundraising expenses: $466,733
Program service expenses (Part III): $5,118,025

Program services were 72.6% 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.

1b · Membership dues

$611,091
1c · Fundraising events

$426,180
1e · Government grants (contributions)

$25,000
1f · All other contributions, gifts and grants

$3,060,220
1g · Noncash contributions included above

$257,134
2a · Program service revenue: EXHIBITS/SPECIAL EVENTS

total $608,330 · related or exempt $608,330
2b · Program service revenue: FAMILY WORKSHOPS, ADULT CLASSES,

total $11,039 · related or exempt $11,039
3 · Investment income

total $707,954 · excluded $707,954
5 · Royalties

total $29,990 · excluded $29,990
6a · Gross rents

real property $43,450
6b · Less rental expenses

real property $7,026
6c · Rental income or loss

real property $36,424
6d · Net rental income or loss

total $36,424 · excluded $36,424
7a · Gross sales of assets other than inventory

securities $9,153,340
7b · Less cost or other basis and sales expenses

securities $9,179,701
7c · Gain or loss

securities -$26,361
7d · Net gain or loss

total -$26,361 · excluded -$26,361
8a · Fundraising events: gross income

$54,240
8a · Fundraising events: contributions included on line 1c

$426,180
8b · Fundraising events: direct expenses

$158,783
8c · Net income from fundraising events

total -$104,543 · excluded -$104,543
10a · Gross sales of inventory

$461,753
10b · Cost of goods sold

$471,775
10c · Net income from sales of inventory

total -$10,022 · related or exempt -$6,915 · unrelated business -$3,107
11a · Other revenue: PARKING REVENUE

total $239,004 · excluded $239,004
11b · Other revenue: SALES TAX RETAINED

total $68,722 · related or exempt $68,722
11e · Other revenue, total

$307,726

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $331,602 · program services $114,937 · management and general $172,951 · fundraising $43,714
7 · Other salaries and wages

total $2,600,630 · program services $1,666,473 · management and general $728,247 · fundraising $205,910
8 · Pension plan contributions

total $3,292 · program services $3,292
9 · Other employee benefits

total $522,661 · program services $332,105 · management and general $151,289 · fundraising $39,267
10 · Payroll taxes

total $73,225 · program services $13,913 · management and general $42,470 · fundraising $16,842
11b · Fees: legal

total $8,256 · management and general $8,256
11c · Fees: accounting

total $64,869 · program services $8,748 · management and general $56,121
11f · Fees: investment management

total $45,475 · management and general $45,475
12 · Advertising and promotion

total $270,704 · program services $251,949 · management and general $7,892 · fundraising $10,863
13 · Office expenses

total $10,457 · program services $9,352 · management and general $663 · fundraising $442
16 · Occupancy

total $627,776 · program services $547,438 · management and general $48,203 · fundraising $32,135
17 · Travel

total $71,746 · program services $31,236 · management and general $6,682 · fundraising $33,828
20 · Interest

total $6,019 · management and general $6,019
22 · Depreciation, depletion and amortization

total $668,775 · program services $604,600 · management and general $38,505 · fundraising $25,670
23 · Insurance

total $57,364 · program services $35,566 · management and general $18,356 · fundraising $3,442
24a · Other expenses: PROGRAMMING

total $881,001 · program services $880,009 · management and general $661 · fundraising $331
24b · Other expenses: ADMINISTRATIVE

total $361,809 · program services $245,794 · management and general $94,216 · fundraising $21,799
24c · Other expenses: EQUIPMENT RENTAL & MAIN

total $85,647 · program services $64,235 · management and general $12,847 · fundraising $8,565
24d · Other expenses: POSTAGE & SHIPPING

total $65,771 · program services $63,683 · management and general $993 · fundraising $1,095
24e · All other expenses

total $288,011 · program services $244,695 · management and general $20,486 · fundraising $22,830

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $150,055 · end of year $156,917
2 · Savings and temporary cash investments

beginning of year $2,159,728 · end of year $4,542,975
3 · Pledges and grants receivable

beginning of year $1,302,873 · end of year $1,100,052
4 · Accounts receivable

beginning of year $1,018,092 · end of year $84,932
8 · Inventories for sale or use

beginning of year $609,210 · end of year $300,600
9 · Prepaid expenses and deferred charges

beginning of year $210,880 · end of year $194,946
10a · Land, buildings and equipment: cost or other basis

$30,224,707
10b · Land, buildings and equipment: accumulated depreciation

$14,808,979
10c · Land, buildings and equipment, net

beginning of year $15,948,646 · end of year $15,415,728
11 · Investments: publicly traded securities

beginning of year $20,271,619 · end of year $20,320,460
12 · Investments: other securities

beginning of year $5,137,189 · end of year $5,690,434
17 · Accounts payable and accrued expenses

beginning of year $719,784 · end of year $648,870
24 · Unsecured notes and loans payable

beginning of year $475,813 · end of year $273,949
27 · Net assets without donor restrictions

beginning of year $26,587,443 · end of year $27,154,281
28 · Net assets with donor restrictions

beginning of year $19,025,252 · end of year $19,729,944

Mission and programs · 2023

Mission

THE MISSION OF THE OKLAHOMA CITY MUSEUM OF ART IS TO ENRICH LIVES THROUGH THE VISUAL ARTS.

Activities or mission (Part I)

THE MISSION OF THE OKLAHOMA CITY MUSEUM OF ART IS TO "ENRICH LIVES THROUGH THE VISUAL ARTS." THE MUSEUM ACCOMPLISHES THIS MISSION THROUGH ITS MANY ACTIVITIES. THE MUSEUM ACTIVELY COLLECTS WORKS OF ART AND DISPLAYS THEM IN GALLERIES OPEN TO THE PUBLIC. THE MUSEUM'S PERMANENT COLLECTION FORMS THE BASIS FOR SPECIAL EXHIBITIONS ON ART HISTORICAL TOPICS AND IS USED TO CONDUCT RESEARCH AND DISSEMINATE NEW SCHOLARSHIP TO THE GENERAL PUBLIC. THE MUSEUM HOSTS SPECIAL EXHIBITIONS ORGANIZED BY OTHER INSTITUTIONS PERMITTING A RANGE OF SUBJECT MATTER AND WORKS OF ART OUTSIDE THE SCOPE OF THE MUSEUM'S OWN COLLECTION. A DIVERSITY OF EDUCATIONAL PROGRAMS-RANGING FROM TOURS, CLASSES, IN-GALLERY EXPERIENCES, AND LECTURES-ARE GEARED TO VISITORS OF ALL AGES. THE MUSEUM IS ACCESSIBLE TO INDIVIDUALS WITH PHYSICAL AND SENSORY DISABILITIES. THE MUSEUM FILM PROGRAM COLLECTS HISTORIC AND CONTEMPORARY ARTS OF THE MOVING IMAGES IN ADDITION TO BEING THE ONLY CINEMA IN THE REGION SHOWING INDEPENDENT, FOREIGN, AND R

EXHIBITIONS: THE MUSEUM ORGANIZES AND PRESENTS EXHIBITIONS RELATED TO ITS PRIMARY AREAS OF FOCUS - 19TH AND 20TH CENTURY AMERICAN ART, EUROPEAN ART, CONTEMPORARY ART, PHOTOGRAPHY, FILM AND STUDIO GLASS. ADDITIONALLY, THE MUSEUM HOSTS TRAVELING EXHIBITIONS ORGANIZED BY ART MUSEUMS THROUGHOUT THE WORLD WITH A DIVERSITY OF ART HISTORICAL THEMES AND STYLES. RECENT EXAMPLES INCLUDE EDITH HEAD: HOLLYWOOD'S COSTUME DESIGNER, TRUE NATURE: RODIN AND THE AGE OF IMPRESSIONISM, AND THE PAINTERS OF POMPEII: ROMAN FRESCOES FROM THE NATIONAL ARCHEALOGICAL MUSEUM, NAPLES. THE MUSEUM'S EXHIBITIONS DRAW VISITORS FROM 50 STATES AND MORE THAN 10 FOREIGN COUNTRIES WITH ATTENDANCE OF OVER 66,000 GUESTS AND AN ECONOMIC IMPACT OF OVER $8,000,000 TO THE CITY. TOTAL ATTENDANCE TO THE MUSEUM EXCEEDS 100,000 VISITORS ANNUALLY.

Expenses $3,692,113 · Revenue $572,673
EDUCATION: THE MUSEUM'S DIVISION OF LEARNING OFFERS CLASSES, LECTURES, TOURS, OUTREACH PROGRAMS, DISTANCE LEARNING AND GALLERY-BASED LEARNING EXPERIENCES FOR VISITORS OF ALL AGES, WITH SPECIAL PROGRAMS SERVING VISITORS WITH ACCESSIBILITY NEEDS. THE VARIOUS PROGRAMS SERVE MORE THAN 15,000 CHILDREN AND ADULTS PER YEAR.

Expenses $643,578 · Revenue $19,279
FILM: THE MUSEUM'S FILM PROGRAM IS THE REGION'S FINEST PROGRAM IN INDEPENDENT AND FOREIGN CINEMA. THE MUSEUM PRESENTS OVER 350 SCREENINGS ANNUALLY EVERY THURSDAY-SUNDAY, SERVING OVER 12,000 PEOPLE.

Expenses $539,922 · Revenue $89,224
COLLECTIONS

Expenses $242,412

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

SUZETTE HATFIELD

CHAIRPERSON

Total calculated

$0

Hours/week

5
JULIE HALL

IMMEDIATE PAST CHAIRPERSON

Total calculated

$0

Hours/week

4
AMY BANKHEAD

TRUSTEE

Total calculated

$0

Hours/week

0
BOB BARNARD

VICE-CHAIRPERSON

Total calculated

$0

Hours/week

0.88
PAULA BARRINGTON

TRUSTEE

Total calculated

$0

Hours/week

0.69
J EDWARD BARTH

VICE-CHAIRPERSON

Total calculated

$0

Hours/week

0.69
ELBY J BEAL

TRUSTEE

Total calculated

$0

Hours/week

0.46
JEREMY BLACK

VICE-CHAIRPERSON

Total calculated

$0

Hours/week

0.65
ALLEN BROWN

TRUSTEE

Total calculated

$0

Hours/week

0.69
PHILIP BUSEY JR

VICE-CHAIRPERSON

Total calculated

$0

Hours/week

0.88
WILLIAM M CAMERON

TRUSTEE

Total calculated

$0

Hours/week

0.46
LARRY DAVIS

TRUSTEE

Total calculated

$0

Hours/week

1.34
KAREN R DELANEY

VICE-CHAIRPERSON

Total calculated

$0

Hours/week

1.11
NANCY PAYNE ELLIS

LIFETIME TRUSTEE

Total calculated

$0

Hours/week

0
JIM ENGLISH

TRUSTEE

Total calculated

$0

Hours/week

0.92
ALI FARZANEH

TRUSTEE

Total calculated

$0

Hours/week

0.46
KIRK HAMMONS

SECRETARY

Total calculated

$0

Hours/week

0.92
FRANK D HILL

VICE-CHAIRPERSON

Total calculated

$0

Hours/week

0.46
THE HONORABLE JEROME A HOLMES

VICE-CHAIRPERSON

Total calculated

$0

Hours/week

0.69
BECKY JOHNSON

TRUSTEE

Total calculated

$0

Hours/week

0.46
LAUREN JOHNSON

TRUSTEE

Total calculated

$0

Hours/week

0.69
STEVEN KERR

TRUSTEE

Total calculated

$0

Hours/week

0.46
AARON KETTER

VICE-CHAIRPERSON

Total calculated

$0

Hours/week

1.11
DUKE R LIGON

VICE-CHAIRPERSON

Total calculated

$0

Hours/week

0.69
PENNY M MCCALEB

VICE-CHAIRPERSON

Total calculated

$0

Hours/week

0.92
CHRISTINA MCQUISTION

TRUSTEE

Total calculated

$0

Hours/week

0.92
VIRGINIA A MEADE

VICE-CHAIRPERSON

Total calculated

$0

Hours/week

1.11
CHARLES E NELSON

LIFETIME TRUSTEE

Total calculated

$0

Hours/week

0
PHI NGUYEN

TRUSTEE

Total calculated

$0

Hours/week

0.92
CYNDA OTTAWAY

TRUSTEE

Total calculated

$0

Hours/week

0.46
CAROLINE PATTON

TRUSTEE

Total calculated

$0

Hours/week

1.11
NIKOLA PUFFINBARGER MD

TRUSTEE

Total calculated

$0

Hours/week

0.92
G JEFFREY RECORDS JR

TRUSTEE

Total calculated

$0

Hours/week

0.46
ROBERT J ROSS

VICE-CHAIRPERSON

Total calculated

$0

Hours/week

0.65
MEG SALYER

TRUSTEE

Total calculated

$0

Hours/week

0
CHRIS SHILLING

TRUSTEE

Total calculated

$0

Hours/week

0.69
AMALIA MIRANDA SILVERSTEIN MD

VICE-CHAIRPERSON

Total calculated

$0

Hours/week

0.88
JEANNE HOFFMAN SMITH MSSW ACS

TRUSTEE EMERITUS

Total calculated

$0

Hours/week

0
RYAN TIDWELL

TRUSTEE

Total calculated

$0

Hours/week

0.46
MAX WEITZENHOFFER

TRUSTEE

Total calculated

$0

Hours/week

0.69
WANDA OTEY WESTHEIMER

TRUSTEE EMERITUS

Total calculated

$0

Hours/week

0
CHARLES E WIGGIN

TREASURER

Total calculated

$0

Hours/week

4
MICHAEL ANDERSON

PRESIDENT AND CEO

Total calculated

$211,440

From this org

$199,627

From related orgs

$0

Other

$11,813

Hours/week

50 + 5 related

Schedule J breakdown matched by us

Base

$199,627

Bonus

$0

Other

$0

Deferred

$6,092

Nontaxable benefits

$5,721

Filer's total

$211,440
RITA CRAIG

CHIEF FINANCIAL OFFICER

Total calculated

$180,312

From this org

$150,898

From related orgs

$0

Other

$29,414

Hours/week

50 + 5 related

Schedule J breakdown matched by us

Base

$150,898

Bonus

$0

Other

$0

Deferred

$24,000

Nontaxable benefits

$5,414

Filer's total

$180,312

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

1a · Discretionary spending account
1b · Written policy on the line-1a expenses
2 · Substantiation required before reimbursing expenses
3 · Compensation committee
3 · Form 990 of other organizations
3 · Written employment contract
3 · Compensation survey or study
3 · Approval by the board or compensation committee

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 1A: DISCRETIONARY SPENDING ALLOWED FOR TRAINING, TRAVEL, & CLOTHING PURCHASE FOR THE CEO APPROVED BY THE BOARD.

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

No itemized grants to organizations on this return.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

MUSEUM PARKING LLC

PARKING LOT · OK · income $239,005 · assets $3,639,156

Directly controlled by OKLAHOMA CITY MUSEUM OF ART INC

Related corporations and trusts

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

MUSEUM OF ART CAFE INC

C · RESTAURANT · OK · 100% owned · share of income $34,168 · share of assets $20,016 · controlled entity

Directly controlled by OKLAHOMA CITY MUSEUM OF ART INC

Provenance

Return type: form_990
Tax year: 2023
Filed: 18 December 2024
IRS schema version: 2023v5.1
Source object: 202433539349300713

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

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