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Nonprofiteer
← OKLAHOMA ARTS INSTITUTE FOUNDATION

Form 990 for tax year 2022

Filed by OKLAHOMA ARTS INSTITUTE FOUNDATION.

Totals

Total revenue
$411,876
Total expenses
$476,462
Contributions and grants received
$112,761
Grants paid
$390,308
Program service revenue
$0
Investment income
$299,115
Other revenue
$0
Total assets, end of year
$9,450,288
Total liabilities, end of year
$43,760
Net assets or fund balances, end of year
$9,406,528
Program services expenses (Part IX)
$390,308
Management and general expenses
$86,154
Fundraising expenses
$0
Program service expenses (Part III)
$390,308

Program services were 81.9% 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.

  • 1d · Related organizations

    $16,250

  • 1f · All other contributions, gifts and grants

    $96,511

  • 3 · Investment income

    total $187,109 · excluded $187,109

  • 7a · Gross sales of assets other than inventory

    securities $1,003,081

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

    securities $891,075

  • 7c · Gain or loss

    securities $112,006

  • 7d · Net gain or loss

    total $112,006 · excluded $112,006

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $390,308 · program services $390,308

  • 7 · Other salaries and wages

    total $32,758 · management and general $32,758

  • 11c · Fees: accounting

    total $5,800 · management and general $5,800

  • 11f · Fees: investment management

    total $41,391 · management and general $41,391

  • 24a · Other expenses: OVERHEAD

    total $6,136 · management and general $6,136

  • 24b · Other expenses: LICENSING & REGISTRATION

    total $68 · management and general $68

  • 24c · Other expenses: BANK CHARGES

    total $1 · management and general $1

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $44,960 · end of year $39,435

  • 3 · Pledges and grants receivable

    beginning of year $1,625 · end of year $2,000

  • 4 · Accounts receivable

    beginning of year $11,142 · end of year $30,397

  • 12 · Investments: other securities

    beginning of year $11,556,973 · end of year $9,378,456

  • 17 · Accounts payable and accrued expenses

    beginning of year $21,160 · end of year $43,760

  • 27 · Net assets without donor restrictions

    beginning of year $600,543 · end of year $490,704

  • 28 · Net assets with donor restrictions

    beginning of year $10,992,997 · end of year $8,915,824

Mission and programs · 2022

Mission

TO SUPPORT, PROMOTE, AND IMPROVE THE PROGRAMS AND SERVICES OF THE OKLAHOMA ARTS INSTITUTE.

  • OVERSIGHT OF THE INVESTMENT AND MANAGEMENT OF ENDOWMENT FUNDS TO SUPPORT THE PROGRAMMING OF THE OKLAHOMA ARTS INSTITUTE.

    Expenses $390,308 · Grants $390,308

As filed on the 2022 return.

Listed in Part VII

  • JOHN M SEWARD

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • LEIGH ANN MOSS

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    0.5
  • POLLY FLEET

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5
  • JEFF GREENLEE

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • TERESA ADWAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ADRIENNE L BARNET

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JOY REED BELT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • BRITANI TALLEY BOWMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ART COTTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • NANCE DIAMOND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JOHN FEAVER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JOAN FRATES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • VAUGHDEAN FULLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • MARILYN HUGON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • SUE ANNE HYDE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • STEPHEN JAMES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • SHERREL JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JAMES LAGREE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • NANCY LEONARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • J MARK LESTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • GLORIA LONG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • DANA LORESON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • BILL MAJOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • SUZANNE MCAULEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • RICHARD MCKOWN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • DAVID MCNEESE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • CONNIE MOORE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • XAVIER NEIRA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • CHARLES L OPPENHEIM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • CATHY PERRI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JAMES PICKEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • EMILY STRATTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • CHUCK THOMPSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JOSEPH THAI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ROBERT WARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JOEL WELLNITZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ELIZABETH F WHITE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • OKLAHOMA ARTS INSTITUTE INC

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202323189349313732

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