Civic Intelligence

Oklahoma Arts Institute Foundation

EIN 46-1503394 • 501(c)3 • Oklahoma City, OK

Profile

To support, promote, and improve the programs and services of the oklahoma arts institute.

111 NW 9th StOklahoma City, OK 73102

www.oaiquartz.org/ABOUT/BOARDS

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.01x

Higher debt load relative to assets than 18% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

64th percentile

0.41x

Higher debt load relative to revenue than 64% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

6th percentile

-47%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

65th percentile

9.9%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-72%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$11,769,157

Up $1,061,461 (+9.9%) from 2023

Liabilities

Up

$164,770

Up $140,657 (+583%) from 2023

Net Assets

Up

$11,604,387

Up $920,804 (+8.6%) from 2023

Operations
Liabilities / Revenue64th percentileNet Margin6th percentile

Revenue

Down

$402,078

Down $1,041,283 (-72%) from 2023

Expenses

Up

$592,392

Up $132,138 (+29%) from 2023

Net Income

Down

-$190,314

Down $1,173,421 (-119%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2013: $6,467,079Liabilities 2013: $3,062Net Assets 2013: $6,464,0172013Assets 2014: $6,596,794Liabilities 2014: $16,656Net Assets 2014: $6,580,1382014Assets 2015: $7,296,128Liabilities 2015: $42,990Net Assets 2015: $7,253,1382015Assets 2016: $8,644,126Liabilities 2016: $57,500Net Assets 2016: $8,586,6262016Assets 2017: $9,468,461Liabilities 2017: $26,925Net Assets 2017: $9,441,5362017Assets 2018: $8,708,559Liabilities 2018: $23,159Net Assets 2018: $8,685,4002018Assets 2019: $9,322,456Liabilities 2019: $22,055Net Assets 2019: $9,300,4012019Assets 2020: $10,542,397Liabilities 2020: $20,703Net Assets 2020: $10,521,6942020Assets 2021: $11,614,700Liabilities 2021: $21,160Net Assets 2021: $11,593,5402021Assets 2022: $9,450,288Liabilities 2022: $43,760Net Assets 2022: $9,406,5282022Assets 2023: $10,707,696Liabilities 2023: $24,113Net Assets 2023: $10,683,5832023Assets 2024: $11,769,157Liabilities 2024: $164,770Net Assets 2024: $11,604,3872024

Highlighted filing

2024

Assets$11,769,157
Liabilities$164,770
Net Assets$11,604,387
Open 2024 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $6,213,562Expenses 2013: $20,631Net Income 2013: $6,192,9312013Revenue 2014: $1,416,499Expenses 2014: $317,578Net Income 2014: $1,098,9212014Revenue 2015: $1,513,514Expenses 2015: $361,795Net Income 2015: $1,151,7192015Revenue 2016: $1,488,735Expenses 2016: $396,868Net Income 2016: $1,091,8672016Revenue 2017: $429,302Expenses 2017: $377,145Net Income 2017: $52,1572017Revenue 2018: $601,606Expenses 2018: $398,485Net Income 2018: $203,1212018Revenue 2019: $1,475,449Expenses 2019: $1,196,341Net Income 2019: $279,1082019Revenue 2020: $381,344Expenses 2020: $185,555Net Income 2020: $195,7892020Revenue 2021: $710,177Expenses 2021: $469,949Net Income 2021: $240,2282021Revenue 2022: $411,876Expenses 2022: $476,462Net Income 2022: -$64,5862022Revenue 2023: $1,443,361Expenses 2023: $460,254Net Income 2023: $983,1072023Revenue 2024: $402,078Expenses 2024: $592,392Net Income 2024: -$190,3142024

Highlighted filing

2024

Revenue$402,078
Expenses$592,392
Net Income-$190,314
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,769,157
Liabilities
$164,770
Net assets
$11,604,387
Revenue
$402,078
Expenses
$592,392
Net income
-$190,314
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.8$0.16$11.6$0.40$0.59$0.19
2023Detailed filing. Detailed filing data is available for this year.$10.7$0.02$10.7$1.44$0.46$0.98
2022Detailed filing. Detailed filing data is available for this year.$9.45$0.04$9.41$0.41$0.48$0.06
2021Detailed filing. Detailed filing data is available for this year.$11.6$0.02$11.6$0.71$0.47$0.24
2020Detailed filing. Detailed filing data is available for this year.$10.5$0.02$10.5$0.38$0.19$0.20
2019Detailed filing. Detailed filing data is available for this year.$9.32$0.02$9.30$1.48$1.20$0.28
2018Detailed filing. Detailed filing data is available for this year.$8.71$0.02$8.69$0.60$0.40$0.20
2017Detailed filing. Detailed filing data is available for this year.$9.47$0.03$9.44$0.43$0.38$0.05
2016Detailed filing. Detailed filing data is available for this year.$8.64$0.06$8.59$1.49$0.40$1.09
2015Detailed filing. Detailed filing data is available for this year.$7.30$0.04$7.25$1.51$0.36$1.15
2014Detailed filing. Detailed filing data is available for this year.$6.60$0.02$6.58$1.42$0.32$1.10
2013Detailed filing. Detailed filing data is available for this year.$6.47$0.00$6.46$6.21$0.02$6.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$3,253,294
Mission and Program Overview

Mission

To support, promote, and improve the programs and services of the oklahoma arts institute.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$10,662,203$11,739,023▲ $1,076,820
Accounts Receivable$23,902$22,513▼ $1,389
Cash and Non-Interest-Bearing Accounts$16,091$6,871▼ $9,220
Pledges and Grants Receivable$5,500$750▼ $4,750
Total Assets$10,707,696$11,769,157▲ $1,061,461
Liabilities
Accounts Payable and Accrued Expenses$24,113$164,770▲ $140,657
Total Liabilities$24,113$164,770▲ $140,657
Net Assets / Fund Balance
Net Assets With Donor Restrictions$10,156,944$11,200,463▲ $1,043,519
Net Assets Without Donor Restrictions$526,639$403,924▼ $122,715
Total Net Assets Fund Balance$10,683,583$11,604,387▲ $920,804
Total Liabilities and Net Assets / Fund Balance$10,707,696$11,769,157▲ $1,061,461

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$509,670--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$10,178,470$48,905▲ $1,427,654-$11,229,353
2023$8,935,544$49,009▲ $1,628,231-$10,178,470
2022$11,041,090$76,491▼ $1,752,258-$8,935,544
2021$10,005,397$21,485▲ $1,461,010-$11,041,090
2020$8,839,237$4,107▲ $1,291,555-$10,005,397
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Chuck ThompsonPresident
Bill MajorDirector
Brad ZergerDirector
Britani Talley BowmanDirector
Cathy PerriDirector
Dameon AllensworthDirector
Elizabeth WhiteDirector
Emily StrattonDirector
James LagreeDirector
James PickelDirector
John FeaverDirector
Joseph ThaiDirector
Joy Reed BeltDirector
Ken BusbyDirector
Margaret WalshDirector
Mary Jane ScottDirector
Nancy LeonardDirector
Oklahoma Arts Institute IncDirector
Randy BeutlerDirector
Richard MckownDirector
Robert WardDirector
Sherrel JonesDirector
Trent RileyDirector
Xavier NeiraDirector
Stephen JamesSecretary
Marilyn HugonTreasurer
Suzanne McauleyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$57,663
Program Service Revenue
$0
Investment Income
$344,415
Other Revenue
$0
All Other Contributions
$51,303
Change in Net Assets
$-190,314
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$534,840
Other Expenses$48,408
Salaries, Compensation, and Employee Benefits$9,144
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$534,840--$534,840
Fees for Service Investment Mgmnt Fees-$42,780-$42,780
Other Salaries and Wages-$9,144-$9,144
Fees for Services Accounting-$3,300-$3,300
Other Expenses-$68-$68
Total Functional Expenses$534,840$57,552$0$592,392
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Oklahoma Arts Institute IncOklahoma City, OK--$534,840
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
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The sole member of the foundation is the oklahoma arts institute.”

Form 990, Page 6, Part VI, Line 7A

“The oai foundation board approves the nominations of all directors, but those nominations are subject to approval by the board of directors of the oklahoma arts institute.”

Form 990, Page 6, Part VI, Line 7B

“As sole member of the oai foundation, the oklahoma arts institute must approve the appointment or election of directors, as well as any changes to the certificate of incorporation or bylaws.”

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

“The board of directors has delegated authority to the audit committee to review and approve the form 990 before it is filed.”

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

“The conflict of interest policy is found on article viii "interested parties" in the bylaws adopted by the oklahoma arts institute foundation board of directors on february 7, 2013.”

Form 990, Page 6, Part VI, Line 19

“The oklahoma arts institute foundation's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Information obtained from the form 990 for financial reporting is also available at www.guidestar.org.”

Filing and Contact Details

Filer

Filer Name
Oklahoma Arts Institute Foundation
EIN
46-1503394
Phone
4056057500
Address
111 NW 9TH ST, OKLAHOMA CITY, OK 73102

Signing Officer

Name
Brad Zerger
Title
Director
Phone
4056057500
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chuck Thompson
Formed
2012
Legal Domicile
Ok
Voting Board Members
26
Independent Board Members
25
Employees
0

Preparer

Firm
Peters & Chandler Pc
Address
6801 BROADWAY EXT STE 105, OKLAHOMA CITY, OK 73116-9068
Preparer
Rebecca Mollman
Phone
4058439371
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