Skip to content
Nonprofiteer
← OKLAHOMA CONTEMPORARY ARTS CENTER INC

Form 990 for tax year 2024

Filed by OKLAHOMA CONTEMPORARY ARTS CENTER INC.

Totals

Total revenue
$5,100,589
Total expenses
$5,953,542
Contributions and grants received
$4,461,100
Grants paid
$0
Program service revenue
$379,072
Investment income
$1,920
Other revenue
$258,497
Total assets, end of year
$24,404,860
Total liabilities, end of year
$484,192
Net assets or fund balances, end of year
$23,920,668
Program services expenses (Part IX)
$4,448,577
Management and general expenses
$820,414
Fundraising expenses
$684,551
Program service expenses (Part III)
$4,448,577

Program services were 74.7% 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.

  • 1e · Government grants (contributions)

    $351,173

  • 1f · All other contributions, gifts and grants

    $4,109,927

  • 2a · Program service revenue: INSTRUCTIONAL TUITION / FEES

    total $375,788 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: TICKET REVENUES

    total $3,284 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $1,920 · unrelated business $0 · excluded $1,920

  • 6a · Gross rents

    real property $178,872

  • 6c · Rental income or loss

    real property $178,872

  • 6d · Net rental income or loss

    total $178,872 · excluded $178,872

  • 10a · Gross sales of inventory

    $71,900

  • 10b · Cost of goods sold

    $30,192

  • 10c · Net income from sales of inventory

    total $41,708 · related or exempt $41,708

  • 11a · Other revenue: PARTNERSHIP REVENUE

    total $26,835 · related or exempt $26,835 · unrelated business $0 · excluded $0

  • 11b · Other revenue: OTHER INCOME

    total $11,082 · related or exempt $11,082 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $37,917

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $175,000 · program services $84,000 · management and general $21,000 · fundraising $70,000

  • 7 · Other salaries and wages

    total $2,144,142 · program services $1,613,490 · management and general $269,218 · fundraising $261,434

  • 9 · Other employee benefits

    total $370,432 · program services $263,762 · management and general $69,684 · fundraising $36,986

  • 11c · Fees: accounting

    total $57,824 · program services $16,231 · management and general $37,622 · fundraising $3,971

  • 11g · Fees: other

    total $443,397 · program services $382,326 · management and general $50,302 · fundraising $10,769

  • 12 · Advertising and promotion

    total $219,513 · program services $182,950 · management and general $17,685 · fundraising $18,878

  • 13 · Office expenses

    total $132,611 · program services $84,459 · management and general $19,923 · fundraising $28,229

  • 14 · Information technology

    total $194,867 · program services $148,043 · management and general $22,106 · fundraising $24,718

  • 16 · Occupancy

    total $321,786 · program services $273,763 · management and general $25,637 · fundraising $22,386

  • 17 · Travel

    total $28,949 · program services $19,349 · management and general $2,054 · fundraising $7,546

  • 20 · Interest

    total $3,090 · program services $0 · management and general $3,090 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $933,324 · program services $688,338 · management and general $162,638 · fundraising $82,348

  • 23 · Insurance

    total $58,635 · program services $52,269 · management and general $2,609 · fundraising $3,757

  • 24a · Other expenses: EXHIBITS

    total $445,161 · program services $372,435 · management and general $4,009 · fundraising $68,717

  • 24b · Other expenses: BLDG SUPPLIES & MAINT

    total $224,838 · program services $127,689 · management and general $86,569 · fundraising $10,580

  • 24c · Other expenses: PROGRAM SUPPLIES & EQUIPMENT

    total $99,017 · program services $97,940 · management and general $998 · fundraising $79

  • 24d · Other expenses: HOSPITALITY

    total $41,963 · program services $8,510 · management and general $10,039 · fundraising $23,414

  • 24e · All other expenses

    total $58,993 · program services $33,023 · management and general $15,231 · fundraising $10,739

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $52,794 · end of year $14,830

  • 2 · Savings and temporary cash investments

    beginning of year $373,457 · end of year $1,239

  • 3 · Pledges and grants receivable

    beginning of year $172,089 · end of year $490,981

  • 8 · Inventories for sale or use

    beginning of year $57,510 · end of year $56,632

  • 9 · Prepaid expenses and deferred charges

    beginning of year $51,979 · end of year $128,854

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

    $28,332,150

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

    $4,619,826

  • 10c · Land, buildings and equipment, net

    beginning of year $24,505,123 · end of year $23,712,324

  • 17 · Accounts payable and accrued expenses

    beginning of year $302,562 · end of year $346,743

  • 19 · Deferred revenue

    beginning of year $136,769 · end of year $137,449

  • 27 · Net assets without donor restrictions

    beginning of year $21,374,354 · end of year $20,281,479

  • 28 · Net assets with donor restrictions

    beginning of year $3,399,267 · end of year $3,639,189

Mission and programs · 2024

Mission

OKLAHOMA CONTEMPORARY ARTS CENTER ENCOURAGES ARTISTIC EXPRESSION IN ALL ITS FORMS THROUGH EDUCATION,EXHIBITIONS, AND PERFORMANCE.

  • OKLAHOMA CONTEMPORARY ARTS CENTER IS A MULTIDISCIPLINARY CONTEMPORARY ARTS ORGANIZATION, PROVIDING A CATALYST FOR THE EXPLORATION OF CREATIVITY AND CONTEMPORARY PRACTICE THROUGH A PROGRAM OF GROUNDBREAKING EXHIBITIONS, PERFORMANCES AND EDUCATIONAL PROGRAMS. OKLAHOMA CONTEMPORARYS HOME FOR VISUAL ART, EDUCATION AND PERFORMANCE DRAMATICALLY INCREASES OKLAHOMA CONTEMPORARYS CAPACITY FOR FREE, INTERNATIONALLY RELEVANT EXHIBITIONS AND PROGRAMMING AND INCREASE ART ACCESS AND EDUCATION FOR CITIZENS OF OKLAHOMA, STUDENTS AND VISITORS ALIKE. AT ITS CORE, THE INSTITUTION IS AN INCLUSIVE SPACE. OKLAHOMA CONTEMPORARY BELIEVES THAT ART IS FOR EVERYONE AND PLACES ACCESSIBILITY AND EDUCATION AT THE CENTER OF ALL PROGRAMMING. EXHIBITIONS ARE ALWAYS FREE. YOU ARE ALWAYS WELCOME HERE.

    Expenses $4,448,577 · Revenue $458,697

As filed on the 2024 return.

Listed in Part VII

  • Trent Riley

    DIRECTOR

    Total calculated
    $166,329
    From this org
    $159,057
    From related orgs
    $0
    Other
    $7,272
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,057
    Bonus
    $0
    Other
    $0
    Deferred
    $806
    Nontaxable benefits
    $6,466
    Filer's total
    $166,329
  • Christian Keesee

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Molly Tolbert

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Melissa Scaramucci

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Eli Hellman

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Scott Potter

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Amy Bankhead

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Paulette Black

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tyler Bolton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Philip Busey Jr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Debbie Gardner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Megan Gelmers

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mandy Hansen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Aimee Harlow

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kyle Impson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Christian Kanady

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Angel Little

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Christopher Lloyd

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dan Molina

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ian Ogilvie

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Glenna Tanenbaum

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sam Wargin Grimaldo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Grant Willoughy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Krystal Yoseph

    BOARD MEMBER

    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. 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

  • 3 · Written employment contract
  • 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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
3 March 2026
IRS schema version
2024v5.2
Source object
202630629349300938

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.