Civic Intelligence

Creative Oklahoma Inc.

990 • Fiscal year 2019 • EIN 20-4463290

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 09, 2019

133 W Main Street Ste 100Oklahoma City, OK 73102

(405) 232-5570

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.09x

Higher debt load relative to assets than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

13th percentile

-26%

Higher net margin than 13% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

85th percentile

$25,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 13.3% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

22nd percentile

-17%

Faster asset growth than 22% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

87th percentile

56%

Faster revenue growth than 87% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$58,926

Down $12,407 (-17%) from 2018

Net Assets

Down

$53,723

Down $17,109 (-24%) from 2018

Liabilities

Up

$5,203

Up $4,702 (+939%) from 2018

Revenue

Up

$187,682

Up $67,640 (+56%) from 2018

Expenses

Up

$237,291

Up $85,419 (+56%) from 2018

Net Income

Down

-$49,609

Down $17,779 (-56%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2011: $359,561Liabilities 2011: $18,728Net Assets 2011: $340,8332011Assets 2012: $199,988Liabilities 2012: $125,440Net Assets 2012: $74,5482012Assets 2013: $121,194Liabilities 2013: $405Net Assets 2013: $120,7892013Assets 2014: $119,605Liabilities 2014: $10,391Net Assets 2014: $109,2142014Assets 2015: $212,465Liabilities 2015: $2,361Net Assets 2015: $210,1042015Assets 2016: $155,635Liabilities 2016: $1,080Net Assets 2016: $154,5552016Assets 2017: $102,846Liabilities 2017: $184Net Assets 2017: $102,6622017Assets 2018: $71,333Liabilities 2018: $501Net Assets 2018: $70,8322018Assets 2019: $58,926Liabilities 2019: $5,203Net Assets 2019: $53,7232019Assets 2020: $87,614Liabilities 2020: $55,804Net Assets 2020: $31,8102020Assets 2021: $43,800Liabilities 2021: $25,600Net Assets 2021: $18,2002021Assets 2022: $100,978Liabilities 2022: $0Net Assets 2022: $100,9782022Assets 2023: $77,010Liabilities 2023: $0Net Assets 2023: $77,0102023Assets 2024: $62,114Liabilities 2024: $0Net Assets 2024: $62,1142024Assets 2025: $11,762Net Assets 2025: $11,7622025

Highlighted filing

2019

Assets$58,926
Liabilities$5,203
Net Assets$53,723

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,058,3862011Expenses 2012: $693,4682012Expenses 2013: $477,6722013Revenue 2014: $539,071Expenses 2014: $549,291Net Income 2014: -$10,2202014Revenue 2015: $578,096Expenses 2015: $477,206Net Income 2015: $100,8902015Revenue 2016: $213,814Expenses 2016: $269,363Net Income 2016: -$55,5492016Revenue 2017: $218,127Expenses 2017: $270,020Net Income 2017: -$51,8932017Revenue 2018: $120,042Expenses 2018: $151,872Net Income 2018: -$31,8302018Revenue 2019: $187,682Expenses 2019: $237,291Net Income 2019: -$49,6092019Revenue 2020: $99,756Expenses 2020: $137,900Net Income 2020: -$38,1442020Revenue 2021: $38,458Expenses 2021: $52,068Net Income 2021: -$13,6102021Revenue 2022: $127,001Expenses 2022: $44,223Net Income 2022: $82,7782022Revenue 2023: $8,200Expenses 2023: $32,168Net Income 2023: -$23,9682023Revenue 2024: $10,303Expenses 2024: $25,199Net Income 2024: -$14,8962024Revenue 2025: $23,277Expenses 2025: $73,629Net Income 2025: -$50,3522025

Highlighted filing

2019

Revenue$187,682
Expenses$237,291
Net Income-$49,609
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 9, 2019
Return Version
2018v3.1
Gross Receipts
$187,682
Mission and Program Overview

Mission

To establish oklahoma as a world-renowned center of creativity and innovation in education, commerce, and culture.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$70,580$57,962▼ $12,618
Prepaid Expenses and Deferred Charges$753$696▼ $57
Accounts Receivable-$268-
Total Assets$71,333$58,926▼ $12,407
Liabilities
Accounts Payable and Accrued Expenses$501$5,203▲ $4,702
Total Liabilities$501$5,203▲ $4,702
Net Assets / Fund Balance
Unrestricted Net Assets$53,331$47,281▼ $6,050
Temporarily Rstr Net Assets$17,501$6,442▼ $11,059
Total Net Assets Fund Balance$70,832$53,723▼ $17,109
Total Liabilities and Net Assets / Fund Balance$71,333$58,926▼ $12,407

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$9,220$9,220
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Meloyde BlanchettExecutive DiPT$25,000-$25,000
Susan MccalmontPresidentPT-$10,442$10,442

Board Members and Trustees

NameTitle
Judy AllenChairman
Doug SoroccoPast Chair
Robyn ElliotVice Chair
Aaron BolzleDirector
Art SernaDirector
Bart ConnerDirector
Cason ClaggDirector
Chris ShillingDirector
Chuck ThompsonDirector
Cindy FriedemannDirector
Cody PepperDirector
Dan HunterDirector
Don BetzDirector
Douglas PriceDirector
Erica RixenDirector
Gena TimbermanDirector
Jeannie WebbDirector
John FeaverDirector
John KennedyDirector
Justin HazzardDirector
Ken BusbyDirector
Mike KnoppDirector
Pageant FerriaboughDirector
Paul SechristDirector
Robin SmithDirector
Sandy KentDirector
Susan HarknessDirector
Terry NeeseDirector
Tommy YiDirector
Van HughesDirector
Burns HargisFounding CHA
Charles OppenheimSecretary
Mark ParkerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$167,669
Program Service Revenue
$19,989
Investment Income
$24
Other Revenue
$0
All Other Contributions
$143,644
Change in Net Assets
$-49,609
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$181,817
Salaries, Compensation, and Employee Benefits$55,474
Total Fundraising Expense$2,214
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$5,000$30,442-$35,442
Fees for Services Other$8,655$23,927-$32,582
Other Salaries and Wages$12,509$5,361-$17,870
Other Expenses$14,762$30,214-$14,762
All Other Expenses$6,216$3,838$103$10,157
Fees for Services Accounting-$9,981-$9,981
Office Expenses$1,311$7,725-$9,036
Travel-$3,673-$3,673
Insurance$244$2,211-$2,455
Advertising$1,045$70$1,079$2,194
Information Technology-$889$1,032$1,921
Payroll Taxes$957$410-$1,367
Other Employee Benefits-$795-$795
Total Functional Expenses$115,541$119,536$2,214$237,291
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Electronic copies are provided to voting members of the board with printed copies available upon request.

Form 990, Page 6, Part VI, Line 12C

The organization monitors and enforces compliance with their conflict of interest policy.

Form 990, Page 6, Part VI, Line 15A

Data regarding compensation and benefits is obtained from the department of labor statistics for the local area, state, and region. This data is used to determine fair compensation for each job description.

Form 990, Page 6, Part VI, Line 15B

Data regarding compensation and benefits is obtained from the department of labor statistics for the local area, state, and region. This data is used to determine fair compensation for each job description.

Form 990, Page 6, Part VI, Line 19

Documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Creative Oklahoma Inc
EIN
20-4463290
Phone
4052325570
Address
133 W MAIN STREET STE 100, OKLAHOMA CITY, OK 73102

Signing Officer

Name
Mark Parker
Title
Treasurer
Phone
4052325570
Signed
2019-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Parker
Formed
2006
Legal Domicile
Ok
Voting Board Members
34
Independent Board Members
34
Employees
3
Volunteers
59

Preparer

Firm
Luton & Co Pllc
Address
201 NW 63RD ST STE 100, OKLAHOMA CITY, OK 73116
Preparer
David R Brady
Phone
4058487313
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Okemp; a sister program of mit's venture mentoring service: okemp is a locally-operated program licensed from mits venture mentoring service (mit vms), which is recognized by kauffman foundation as the gold standard of entrepreneur mentoring programs. As with mits vms, okemp matches both prospective and experienced entrepreneurs with skilled volunteer mentors. We use a team mentoring approach with groups of 3 to 4 mentors sitting with the entrepreneur(s) in sessions that provide practical, day-to-day professional advice and coaching. Okemp mentors are selected for their experience in areas relevant to the needs of new entrepreneurs and for their enthusiasm for the program. Entrepreneurs meet with their designated mentor team 3-6 times per year on a long-term basis. Mentors are required to subscribe, in writing, to a statement of principles that govern their behavior, outline their responsibilities, guard against conflicts of interest, and control financial involvement with the entrepreneurs and their ventures. Mentors are matched with entrepreneurs based on the needs of the entrepreneur and the interests of available mentors. Okemp assistance is given across a broad range of business activity, including product development, marketing, intellectual property law, finance, human resources, and founders issues. Okemp services are offered without charge, and are supported entirely by foundation grants, corporate sponsorships and private donations. Districts of creativity (dc): the dc network offers participation in a robust network of economic development, education, and cultural leaders from around the world with annual regional study missions, the creativity world forum, a shared website, and collaborative opportunities between regions. In 2007 oklahoma was acknowledged as an official district of creativity and received into the 12-member international network of creative districts based in flanders, belgium. The dc network offers participation in a robust network of economic development, education, and cultural leaders from around the world with annual regional study missions, the creativity world forum, a shared website, and collaborative opportunities between regions. Oklahoma hosted the 2010 creativity world forum which was the largest to date with over 2600 attendees from 38 states and 18 countries. Oklahoma is currently the only north american district of creativity represented in the dc network. The 2012 creativity world forum was held in rio de janiero with an oklahoma delegation attending the forum and oklahoma artists participating in the second dc network biennale (begun by oklahoma in 2010), oklahoma speakers participating as conference presenters, and an oklahoma exhibition of creative businesses and endeavors at the exposition.

Form 990, Part IX, Line 11G

Contract services 4,055 23,927 0 contract services 4,600 0 0 total 8,655 23,927 0

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IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt30CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt31VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt32TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt33SECRETARY
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.02$0.07$0.05
2024Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.01$0.03$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.01$0.03$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.13$0.04$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.03$0.02$0.04$0.05$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.09$0.06$0.03$0.10$0.14$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.06$0.01$0.05$0.19$0.24$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.12$0.15$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.22$0.27$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.15$0.21$0.27$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.58$0.48$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.12$0.01$0.11$0.54$0.55$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.00$0.12$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.13$0.07$0.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.02$0.34$2.06