Civic Intelligence

Brady Craft Inc.

990 • Fiscal year 2016 • EIN 27-3295491

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 09, 2017

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

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

56th percentile

0.00x

Higher debt load relative to revenue than 56% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

55th percentile

5.2%

Higher net margin than 55% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

91st percentile

$47,566

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 12.8% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

71st percentile

18%

Faster asset growth than 71% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

87th percentile

56%

Faster revenue growth than 87% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$125,500

Up $19,449 (+18%) from 2015

Net Assets

Up

$125,381

Up $19,669 (+19%) from 2015

Liabilities

Down

$119

Down $220 (-65%) from 2015

Revenue

Up

$371,716

Up $132,979 (+56%) from 2015

Expenses

Up

$352,531

Up $59,224 (+20%) from 2015

Net Income

Up

$19,185

Up $73,755 (+135%) from 2015

Historical Trend

Balance Sheet Trend

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

2016

Assets$125,500
Liabilities$119
Net Assets$125,381

Operations Trend

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

2016

Revenue$371,716
Expenses$352,531
Net Income$19,185
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$421,374
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.

A contemporary fine craft community arts oragnization dedicated to fine craft; showcasing local, state, regional and national artists; and creating a community of partnerships with artists, curators, arts and social service organizations. Programs honor a diversity of cultures, and reflect the contemporary expressions of the artists' heritage. They are designed around six exhibitions each year and are targeted to local and regional communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$91,438$114,898▲ $23,460
Land, Buildings, and Equipment, Net$14,025$10,014▼ $4,011
Inventories for Sale or Use$588$588→ $0
Total Assets$106,051$125,500▲ $19,449
Liabilities
Accounts Payable and Accrued Expenses$339$119▼ $220
Total Liabilities$339$119▼ $220
Net Assets / Fund Balance
Unrestricted Net Assets$105,712$125,381▲ $19,669
Total Net Assets Fund Balance$105,712$125,381▲ $19,669
Total Liabilities and Net Assets / Fund Balance$106,051$125,500▲ $19,449

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,014$35,448$45,462
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Krystle K BrewerExhibitions DirectorFT$47,566$47,566
Kathleen J McruizExecutive DirectorFT$45,833$45,833
Jennifer E BoydDirectorFT$24,691$24,691

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$333,371
Program Service Revenue
$12,918
Investment Income
$0
Other Revenue
$25,427
All Other Contributions
$325,497
Change in Net Assets
$19,185
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$185,918
Salaries, Compensation, and Employee Benefits$166,613
Total Fundraising Expense$1,503
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$100,377$17,713-$118,090
All Other Expenses$30,307$2,766-$33,073
Occupancy$22,863--$22,863
Other Salaries and Wages$17,205$3,036-$20,241
Other Employee Benefits$15,930$1,770-$17,700
Advertising$11,736-$618$12,354
Travel$10,539$1,171-$11,710
Payroll Taxes$9,524$1,058-$10,582
Other Expenses$7,080$885$885$8,850
Insurance$7,155$795-$7,950
Depreciation Depletion$4,976$553-$5,529
Fees for Services Accounting-$4,980-$4,980
Information Technology$3,619$402-$4,021
Total Functional Expenses$313,677$37,351$1,503$352,531
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
Backup withholding compliance
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 11B

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
Kathy Mcruiz
Title
Executive Director
Phone
9188956302
Signed
2017-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathy Mcruiz
Formed
2011
Legal Domicile
Ok
Voting Board Members
20
Independent Board Members
20
Employees
5
Volunteers
31

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

Additional Explanations

FORM 990, PART XI, LINE 9:

Prior year adjustments 484.

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/ActivityOrMissionDesc0A CONTEMPORARY FINE CRAFT COMMUNITY ARTS ORAGNIZATION DEDICATED TO FINE CRAFT; SHOWCASING LOCAL, STATE, REGIONAL AND NATIONAL ARTISTS; AND CREATING A COMMUNITY OF PARTNERSHIPS WITH ARTISTS, CURATORS, ARTS AND SOCIAL SERVICE ORGANIZATIONS. PROGRAMS HONOR A DIVERSITY OF CULTURES, AND REFLECT THE CONTEMPORARY EXPRESSIONS OF THE ARTISTS' HERITAGE. THEY ARE DESIGNED AROUND SIX EXHIBITIONS EACH YEAR AND ARE TARGETED TO LOCAL AND REGIONAL COMMUNITIES.
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IRS990/Desc0PROVIDED EXHIBITION SPACE FOR THE HIGHEST LEVEL OF INNOVATIVE CONTEMPORARY FINE CRAFT FROM OKLAHOMA AND AROUND THE WORLD. OFFERED WORKSHOPS, LECTURES AND VIDEO PRESENTATIONS TO AUDIENCES OF ALL AGES. ESTABLISHED A JURIED RETAIL SHOP FOR MEMBER ARTISTS' WORK. PROVIDED EDUCATIONAL ARTS PROGRAMS FOR UNDER-SERVED STUDENTS AND TEACHERS.WHAT WE DO ESPECIALLY WELL IS HIGHLIGHT PRESENT-DAY ARTISTS WHO BUILD ON THE TRADITIONAL CRAFTWORK OF THEIR COMMUNITIES USING A NUANCED AND CONTEMPORARY VOCABULARY. OUR PROGRAMS EDUCATE AUDIENCES, INCLUDING SCHOOL AGED YOUTH AND SENIOR CITIZENS. WE HAVE RECENTLY EXPANDED OUR PROGRAMS TO OTHER GROUPS OF INDIVIDUALS TRADITIONALLY UNABLE TO PARTICIPATE. WE WORK WITH MANY SOCIAL SERVICE ORGANIZATIONS TO ORGANIZE THESE EXPERIENCES AND THE GROUPS THEN PARTICIPATE IN MAKING A CRAFT KIT THAT IS DESIGNED TO REFLECT THE TECHNIQUES, MATERIALS AND SUBJECT MATTER OF THE EXHIBITION THEY HAVE TOURED.THE EXHIBITION OF THEIR WORK AND THE ASSOCIATED PROGRAMS GIVE ARTISTS THE OPPORTUNITY TO INTERACT WITH AUDIENCES AND TO TEACH ABOUT THEIR OWN CULTURES. PARTICIPANTS HAVE THE OPPORTUNITY TO INCREASE THEIR UNDERSTANDING OF A VARIETY OF DIFFERENT TRADITIONS.BRADY CRAFT, INC. CELEBRATES THE BEST OF CRAFTSMAN IN TEXTILES, QUILTS, CERAMICS, BEADWORK, JEWELRY, WOODWORK, BASKETRY AND MIXED MEDIA.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21EXHIBITIONS DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0421374
IRS990/GrossSalesOfInventoryAmt075085
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0402
IRS990/InformationTechnologyGrp/ProgramServicesAmt03619
IRS990/InformationTechnologyGrp/TotalAmt04021
IRS990/InsuranceGrp/ManagementAndGeneralAmt0795
IRS990/InsuranceGrp/ProgramServicesAmt07155
IRS990/InsuranceGrp/TotalAmt07950
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt07874
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BRADY 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt025427
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IRS990/OccupancyGrp/TotalAmt022863
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0484
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01770
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015930
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017700
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1PRINTING SERVICES
IRS990/OtherExpensesGrp/Desc2POSTAGE AND DISTRIBUTIO
IRS990/OtherExpensesGrp/Desc3OTHER EVENT EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt0885
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11028
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IRS990/OtherExpensesGrp/ProgramServicesAmt37080
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IRS990/OtherExpensesGrp/TotalAmt210276
IRS990/OtherExpensesGrp/TotalAmt38850
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03036
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IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KATHY MCRUIZ
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IRS990/RegularMonitoringEnfrcInd01
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IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt038345
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0223575
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0175354
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0355081
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01087381
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0174413
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.76800
IRS990ScheduleA/PublicSupportPY170Pct00.80000
IRS990ScheduleA/PublicSupportTotal170Amt0835081
IRS990ScheduleA/SubstantialContributorsTotAmt0252300
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0333371
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0223575
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0175354
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0355081
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01087381
IRS990ScheduleA/TotalSupportAmt01087381
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/EquipmentGrp/BookValueAmt010014
IRS990ScheduleD/EquipmentGrp/DepreciationAmt035448
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt045462
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/TotalBookValueLandBuildingsAmt010014

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