Civic Intelligence

Brady Craft Inc.

990 • Fiscal year 2014 • EIN 27-3295491

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 15, 2015

Organization ProfileWWW.108CONTEMPORARY.ORG
108 E M Brady StreetTulsa, OK 74103

(918) 895-6302

Siviq Scores

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

Liabilities / Assets

75th percentile

0.08x

Higher debt load relative to assets than 75% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

76th percentile

0.05x

Higher debt load relative to revenue than 76% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

48th percentile

2.2%

Higher net margin than 48% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

92nd percentile

$50,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 19.2% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets75th percentile

Assets

$174,043

No earlier filing loaded for comparison.

Net Assets

$160,283

No earlier filing loaded for comparison.

Liabilities

$13,760

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin48th percentile

Revenue

$259,758

No earlier filing loaded for comparison.

Expenses

$254,163

No earlier filing loaded for comparison.

Net Income

$5,595

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$200K$150K$100K$50K$0Assets 2014: $174,043Liabilities 2014: $13,760Net Assets 2014: $160,2832014Assets 2015: $106,051Liabilities 2015: $339Net Assets 2015: $105,7122015Assets 2016: $125,500Liabilities 2016: $119Net Assets 2016: $125,3812016Assets 2017: $93,500Liabilities 2017: $431Net Assets 2017: $93,0692017Assets 2018: $117,051Liabilities 2018: $484Net Assets 2018: $116,5672018Assets 2019: $95,176Liabilities 2019: $423Net Assets 2019: $94,7532019Assets 2020: $124,542Liabilities 2020: $44,346Net Assets 2020: $80,1962020Assets 2021: $26,150Liabilities 2021: $7,113Net Assets 2021: $19,0372021Assets 2022: $25,549Liabilities 2022: $6,999Net Assets 2022: $18,5502022Assets 2023: $28,062Liabilities 2023: $10,106Net Assets 2023: $17,9562023Assets 2024: $69,890Liabilities 2024: $12,288Net Assets 2024: $57,6022024

Highlighted filing

2014

Assets$174,043
Liabilities$13,760
Net Assets$160,283
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2014: $259,758Expenses 2014: $254,163Net Income 2014: $5,5952014Revenue 2015: $238,737Expenses 2015: $293,307Net Income 2015: -$54,5702015Revenue 2016: $371,716Expenses 2016: $352,531Net Income 2016: $19,1852016Revenue 2017: $336,261Expenses 2017: $368,573Net Income 2017: -$32,3122017Revenue 2018: $355,624Expenses 2018: $332,328Net Income 2018: $23,2962018Revenue 2019: $347,519Expenses 2019: $369,500Net Income 2019: -$21,9812019Revenue 2020: $272,342Expenses 2020: $286,899Net Income 2020: -$14,5572020Revenue 2021: $326,028Expenses 2021: $369,862Net Income 2021: -$43,8342021Revenue 2022: $338,684Expenses 2022: $345,743Net Income 2022: -$7,0592022Revenue 2023: $401,025Expenses 2023: $402,638Net Income 2023: -$1,6132023Revenue 2024: $444,373Expenses 2024: $403,682Net Income 2024: $40,6912024

Highlighted filing

2014

Revenue$259,758
Expenses$254,163
Net Income$5,595
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 15, 2015
Return Version
2014v5.0
Gross Receipts
$319,719
Mission and Program Overview

Mission

Brady craft, inc. Is a non-profit community arts organization that supports oklahoma's contemporary fine craft artists by connecting them to audiences and opportunities through education, recognition and exhibition programs.

To support oklahoma's contemporary fine craft artists by connecting them to audiences and opportunities through education, recognition and exhibition programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$131,723$153,873▲ $22,150
Land, Buildings, and Equipment, Net$33,617$20,170▼ $13,447
Total Assets$165,340$174,043▲ $8,703
Liabilities
Accounts Payable and Accrued Expenses$10,652$13,760▲ $3,108
Total Liabilities$10,652$13,760▲ $3,108
Net Assets / Fund Balance
Unrestricted Net Assets$154,688$160,283▲ $5,595
Total Net Assets Fund Balance$154,688$160,283▲ $5,595
Total Liabilities and Net Assets / Fund Balance$165,340$174,043▲ $8,703

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$20,170$21,851$42,021
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Emily OldhamExecutive DirectorFT$50,000$50,000

Board Members and Trustees

NameTitle
Myra Block KaiserBoard President
Jean Ann FausserVice President
Alecia SiegfriedDirector
Anna Sullivan KallstromDirector
Beth DowningDirector
Burt HolmesDirector
Caroline Owens CrainDirector
Christina E BurkeDirector
Doug CampbellDirector
Jan HawksDirector
Kathie CoyleDirector
Larry LeeDirector
Mollie CraftDirector
Nancy WolovDirector
Peter M WalterDirector
Robin BallengerDirector
Roxana LortonDirector
Teresa ValeroDirector
Wendy ThomasSecretary
Jack NeelyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$197,324
Program Service Revenue
$2,450
Investment Income
$0
Other Revenue
$59,984
All Other Contributions
$142,054
Change in Net Assets
$5,595
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$163,318
Salaries, Compensation, and Employee Benefits$90,845
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$45,000$5,000-$50,000
Advertising$28,592--$28,592
Other Salaries and Wages$24,460$2,717-$27,177
Occupancy$27,019--$27,019
All Other Expenses$14,310$1,522-$15,832
Depreciation Depletion-$13,447-$13,447
Travel$10,797$1,200-$11,997
Other Employee Benefits$6,261$696-$6,957
Insurance$6,066$674-$6,740
Payroll Taxes$6,040$671-$6,711
Other Expenses$4,737$526-$5,263
Fees for Services Accounting-$4,650-$4,650
Information Technology$1,694$187-$1,881
Total Functional Expenses$221,350$32,813$0$254,163
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, Part VI, Section A, Line 7A

“Directors shall be elected by the voting members of the organization.”

Form 990, Part VI, Section B, Line 11

“A finance committee made up of board members reveiws the 990 and if needed calls in a third party to reveiw it as well.”

Form 990, Part VI, Section B, Line 12C

“The board asks about conflict of interest twice a year. Annually each member is required to read and sign a conflict of interest disclosure.”

Form 990, Part VI, Section B, Line 15

“The board consulted national and local comparisons, had an independent party review suggested compensation and then voted on the compensation before hiring all employees.”

Form 990, Part VI, Section C, Line 19

“They can be requested at the organization's physical location at any time.”

Filing and Contact Details

Filer

Filer Name
Brady Craft Inc
EIN
27-3295491
Phone
9188956302
Address
108 E M BRADY STREET, TULSA, OK 74103
Doing Business As
108 Contemporary

Signing Officer

Name
Emily Oldham
Title
Executive Director
Phone
9188956302
Signed
2015-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Oldham
Formed
2011
Legal Domicile
Ok
Voting Board Members
21
Independent Board Members
20
Employees
3
Volunteers
15

Preparer

Firm
STANFIELD & O'DELL PC
Address
1350 S BOULDER AVE STE 800, TULSA, OK 74119
Preparer
Daniel P Skerbitz CPA
Phone
9186280500
Supplemental Narrative

Financial Statement Notes

PART III, LINE 4:

“The organization continues to showcase fine contemporary craft in glass, paper, ceramics, fiber, metals, mixed media and wood. In addition, the community will find a wider range of contemporary craft forms such as installation, performance and video components.”

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IRS990/Desc0PROVIDE EXHIBITION SPACE FOR THE HIGHEST LEVEL OF INNOVATIVE CONTEMPORARY FINE CRAFT FROM OKLAHOMA AND AROUND THE WORLD. OFFER WORKSHOPS, LECTURES AND VIDEO PRESENTATIONS TO AUDIENCES OF ALL AGES. ESTABLISH A JURIED RETAIL SHOP FOR MEMBER ARTISTS' WORK. PROVIDE EDUCATIONAL ARTS PROGRAMS FOR UNDER-SERVED STUDENTS AND TEACHERS.
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IRS990/InformationTechnologyGrp/TotalAmt01881
IRS990/InsuranceGrp/ManagementAndGeneralAmt0674
IRS990/InsuranceGrp/ProgramServicesAmt06066
IRS990/InsuranceGrp/TotalAmt06740
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt021851
IRS990/LandBldgEquipBasisNetGrp/BOYAmt033617
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020170
IRS990/LandBldgEquipCostOrOtherBssAmt042021
IRS990/LegalDomicileStateCd0OK
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt021970
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0108 CONTEMPORARY IS A NON-PROFIT COMMUNITY ARTS ORGANIZATION THAT SUPPORTS OKLAHOMA'S CONTEMPORARY FINE CRAFT ARTISTS BY CONNECTING THEM TO AUDIENCES AND OPPORTUNITIES THROUGH EDUCATION, RECOGNITION AND EXHIBITION PROGRAMS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0154688
IRS990/NetAssetsOrFundBalancesEOYAmt0160283
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt059984
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt059984
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt027019
IRS990/OccupancyGrp/TotalAmt027019
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0696
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06261
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06957
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2POSTAGE AND SHIPPING
IRS990/OtherExpensesGrp/Desc3SUPPLIES & MATERIALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0815
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1708
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2526
IRS990/OtherExpensesGrp/ProgramServicesAmt032665
IRS990/OtherExpensesGrp/ProgramServicesAmt17333
IRS990/OtherExpensesGrp/ProgramServicesAmt26376
IRS990/OtherExpensesGrp/ProgramServicesAmt34737
IRS990/OtherExpensesGrp/TotalAmt032665
IRS990/OtherExpensesGrp/TotalAmt18148
IRS990/OtherExpensesGrp/TotalAmt27084
IRS990/OtherExpensesGrp/TotalAmt35263
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02717
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt024460
IRS990/OtherSalariesAndWagesGrp/TotalAmt027177
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0671
IRS990/PayrollTaxesGrp/ProgramServicesAmt06040
IRS990/PayrollTaxesGrp/TotalAmt06711
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0EMILY OLDHAM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0452000
IRS990/ProgramServiceRevenueGrp/Desc0EXHIBITION RENTAL SPAC
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02450
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02450
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0361145
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0196052
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt059537
IRS990/PYRevenuesLessExpensesAmt0154688
IRS990/PYSalariesCompEmpBnftPaidAmt069942
IRS990/PYTotalExpensesAmt0265994
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0420682
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt05595
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt062434
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0175354
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0355081
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0530435
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0443307
IRS990ScheduleA/SubstantialContributorsTotAmt087128
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0175354
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0355081
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0530435
IRS990ScheduleA/TotalSupportAmt0530435
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt020170
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021851
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt042021
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CONTINUES TO SHOWCASE FINE CONTEMPORARY CRAFT IN GLASS, PAPER, CERAMICS, FIBER, METALS, MIXED MEDIA AND WOOD. IN ADDITION, THE COMMUNITY WILL FIND A WIDER RANGE OF CONTEMPORARY CRAFT FORMS SUCH AS INSTALLATION, PERFORMANCE AND VIDEO COMPONENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020170
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DIRECTORS SHALL BE ELECTED BY THE VOTING MEMBERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A FINANCE COMMITTEE MADE UP OF BOARD MEMBERS REVEIWS THE 990 AND IF NEEDED CALLS IN A THIRD PARTY TO REVEIW IT AS WELL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD ASKS ABOUT CONFLICT OF INTEREST TWICE A YEAR. ANNUALLY EACH MEMBER IS REQUIRED TO READ AND SIGN A CONFLICT OF INTEREST DISCLOSURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD CONSULTED NATIONAL AND LOCAL COMPARISONS, HAD AN INDEPENDENT PARTY REVIEW SUGGESTED COMPENSATION AND THEN VOTED ON THE COMPENSATION BEFORE HIRING ALL EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THEY CAN BE REQUESTED AT THE ORGANIZATION'S PHYSICAL LOCATION AT ANY TIME.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0165340
IRS990/TotalAssetsEOYAmt0174043
IRS990/TotalAssetsGrp/BOYAmt0165340
IRS990/TotalAssetsGrp/EOYAmt0174043
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0197324

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$174,043
Liabilities
$13,760
Net assets
$160,283
Revenue
$259,758
Expenses
$254,163
Net income
$5,595
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.70$0.12$0.58$4.44$4.04$0.41
2023Detailed filing. Detailed filing data is available for this year.$0.28$0.10$0.18$4.01$4.03$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.26$0.07$0.19$3.39$3.46$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.26$0.07$0.19$3.26$3.70$0.44
2020Detailed filing. Detailed filing data is available for this year.$1.25$0.44$0.80$2.72$2.87$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$3.48$3.70$0.22
2018Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$3.56$3.32$0.23
2017Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.93$3.36$3.69$0.32
2016Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.25$3.72$3.53$0.19
2015Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$2.39$2.93$0.55
2014Detailed filing. Detailed filing data is available for this year.$1.74$0.14$1.60$2.60$2.54$0.06