Civic Intelligence

Oklahoma City Philharmonic Foundation Inc.

990 • Fiscal year 2019 • EIN 73-1236875

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 02, 2020

424 Colcord DriveOklahoma City, OK 73102

(405) 232-7575

Siviq Scores

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

Liabilities / Assets

85th percentile

0.75x

Higher debt load relative to assets than 85% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

100th percentile

163.42x

Higher debt load relative to revenue than 100% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

2nd percentile

-199%

Higher net margin than 2% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

44th percentile

1.6%

Faster asset growth than 44% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

9th percentile

-33%

Faster revenue growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$8,226,779

Up $130,560 (+1.6%) from 2018

Net Assets

Up

$2,071,052

Up $7,647 (+0.4%) from 2018

Liabilities

Up

$6,155,727

Up $122,913 (+2.0%) from 2018

Revenue

Down

$37,668

Down $18,650 (-33%) from 2018

Expenses

Up

$112,490

Up $758 (+0.7%) from 2018

Net Income

Down

-$74,822

Down $19,408 (-35%) from 2018

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $5,718,865Liabilities 2011: $0Net Assets 2011: $5,718,8652011Assets 2012: $6,337,212Liabilities 2012: $4,700,334Net Assets 2012: $1,636,8782012Assets 2013: $6,916,692Liabilities 2013: $5,163,728Net Assets 2013: $1,752,9642013Assets 2014: $7,951,012Liabilities 2014: $6,021,111Net Assets 2014: $1,929,9012014Assets 2015: $8,037,460Liabilities 2015: $5,967,241Net Assets 2015: $2,070,2192015Assets 2016: $7,628,013Liabilities 2016: $5,672,550Net Assets 2016: $1,955,4632016Assets 2017: $8,050,008Liabilities 2017: $5,998,460Net Assets 2017: $2,051,5482017Assets 2018: $8,096,219Liabilities 2018: $6,032,814Net Assets 2018: $2,063,4052018Assets 2019: $8,226,779Liabilities 2019: $6,155,727Net Assets 2019: $2,071,0522019Assets 2020: $7,656,530Liabilities 2020: $5,726,833Net Assets 2020: $1,929,6972020Assets 2021: $9,334,421Liabilities 2021: $7,014,637Net Assets 2021: $2,319,7842021Assets 2022: $8,593,369Liabilities 2022: $6,492,820Net Assets 2022: $2,100,5492022Assets 2023: $9,023,795Liabilities 2023: $6,961,242Net Assets 2023: $2,062,5532023Assets 2024: $9,831,649Liabilities 2024: $7,611,373Net Assets 2024: $2,220,2762024

Highlighted filing

2019

Assets$8,226,779
Liabilities$6,155,727
Net Assets$2,071,052

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $510,327Expenses 2011: $271,309Net Income 2011: $239,0182011Revenue 2012: $53,197Expenses 2012: $82,656Net Income 2012: -$29,4592012Expenses 2013: $92,1592013Revenue 2014: $173,175Expenses 2014: $94,437Net Income 2014: $78,7382014Revenue 2015: $293,205Expenses 2015: $91,099Net Income 2015: $202,1062015Revenue 2016: $176,467Expenses 2016: $122,610Net Income 2016: $53,8572016Revenue 2017: $47,640Expenses 2017: $113,010Net Income 2017: -$65,3702017Revenue 2018: $56,318Expenses 2018: $111,732Net Income 2018: -$55,4142018Revenue 2019: $37,668Expenses 2019: $112,490Net Income 2019: -$74,8222019Revenue 2020: $68,336Expenses 2020: $114,438Net Income 2020: -$46,1022020Revenue 2021: $173,572Expenses 2021: $113,741Net Income 2021: $59,8312021Revenue 2022: $55,559Expenses 2022: $115,975Net Income 2022: -$60,4162022Revenue 2023: $2,326Expenses 2023: $118,705Net Income 2023: -$116,3792023Revenue 2024: $67,168Expenses 2024: $126,226Net Income 2024: -$59,0582024

Highlighted filing

2019

Revenue$37,668
Expenses$112,490
Net Income-$74,822
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 2, 2020
Return Version
2018v3.1
Gross Receipts
$945,140
Mission and Program Overview

Mission

To support the oklahoma city philharmonic society, inc

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,071,219$8,201,779▲ $130,560
Total Assets$8,096,219$8,226,779▲ $130,560
Other Assets Total$25,000$25,000→ $0
Liabilities
Other Liabilities$6,032,814$6,155,727▲ $122,913
Total Liabilities$6,032,814$6,155,727▲ $122,913
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,063,405$2,071,052▲ $7,647
Temporarily Rstr Net Assets$0--
Unrestricted Net Assets$0--
Total Net Assets Fund Balance$2,063,405$2,071,052▲ $7,647
Total Liabilities and Net Assets / Fund Balance$8,096,219$8,226,779▲ $130,560

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$2,063,405-▲ $108,915-$2,071,052
2017$2,051,548-▲ $112,917-$2,063,405
2016$1,955,463-▲ $199,996-$2,051,548
2015$2,070,219$0▼ $114,756-$1,955,463
2014$1,929,901$172,849▼ $32,531-$2,070,219
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael E JosephPresident
Jean a HartsuckVice President
Brent HartBoard Member
Charles E WigginBoard Member
Duke R LigonBoard Member
Harrison Levy JrBoard Member
J Edward BarthBoard Member
Jane B HarlowBoard Member
L Joe BradleyBoard Member
Michael J MilliganBoard Member
Mischa GorkuschaBoard Member
Patrick B AlexanderBoard Member
Paul DudmanBoard Member
Richard L SiasBoard Member
Richard TanenbaumBoard Member
Steven C AgeeBoard Member
Ta DearmonBoard Member
Teresa CooperBoard Member
Thomas J EnisBoard Member
Penny M MccalebSecretary
Douglas J StussiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$37,668
Other Revenue
$0
Change in Net Assets
$-74,822

Audited Revenue Reconciliation

Revenue per Audited Statements
$26,446
Revenue Not Reported on Financial Statements
$11,222
Revenue Not Reported on Form 990
$82,469
Total Revenue per Audited Statements
$108,915
Total Revenue per Form 990
$37,668
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$101,268
Other Expenses$11,222
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$101,268--$101,268
Fees for Service Investment Mgmnt Fees$0$11,222$0$11,222
Total Functional Expenses$101,268$11,222$0$112,490

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$112,490
Expenses per Audited Statements$101,268
Total Expenses per Audited Statements$101,268
Expenses Not Reported on Financial Statements$11,222
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Oklahoma Philharmonic Society IncOklahoma City, OK501(c)(3)Gen Support$101,268
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Others$6,155,727
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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
Filing and Contact Details

Filer

Filer Name
Oklahoma City Philharmonic Foundation Inc
EIN
73-1236875
Phone
4052327575
Address
424 COLCORD DRIVE, OKLAHOMA CITY, OK 73102

Signing Officer

Name
Doug Stussi
Title
Treasurer
Phone
4052327575
Signed
2020-03-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Stussi
Formed
1988
Legal Domicile
Ok
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
0

Preparer

Firm
Hspg & Associates Pc
Address
5400 N GRAND BLVD STE 330, OKLAHOMA CITY, OK 73112
Preparer
Matthew L Cole
Phone
4058449995
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

The sole member of the foundation is the oklahoma philharmonic society, inc.

Pt VI, Line 7A

The sole member must approve the election of the directors.

Pt VI, Line 7B

The sole member must approve actions of the foundation's board of directors as detailed in the by laws.

Pt VI, Line 11B

The form 990 is provided electronically to the full board for their review prior to issuance. Trustees will reply with any questions or their approval to sign the return.

Pt VI, Line 12C

Board members are required to submit conflict of interest statements on an annual basis. These are monitored and enforced by the executive committee of the board.

Pt VI, Line 19

UPON REQUEST.

Financial Statement Notes

Pt V, Line 4

The endowment consists of funds held in investments and was created through donor-restricted endowment funds. As a component of supporting the philharmonic society, the earnings can also be used to subsidize ballet oklahoma and canterbury choral society for orchestral services.

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IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0882986
IRS990/GrossReceiptsAmt0945140
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt021
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt062154
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt062154
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt08071219
IRS990/InvestmentsPubTradedSecGrp/EOYAmt08201779
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OK
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0907472
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO SUPPORT THE OKLAHOMA CITY PHILHARMONIC SOCIETY, INC
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02063405
IRS990/NetAssetsOrFundBalancesEOYAmt02071052
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-24486
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-24486
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt082469
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt025000
IRS990/OtherAssetsTotalGrp/EOYAmt025000
IRS990/OtherLiabilitiesGrp/BOYAmt06032814
IRS990/OtherLiabilitiesGrp/EOYAmt06155727
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02063405
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02071052
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DOUG STUSSI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0101060
IRS990/PYInvestmentIncomeAmt056318
IRS990/PYOtherExpensesAmt010672
IRS990/PYRevenuesLessExpensesAmt0-55414
IRS990/PYTotalExpensesAmt0111732
IRS990/PYTotalRevenueAmt056318
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-74822
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0731328565
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0101268
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0OKLAHOMA PHILHARMONIC SOCIETY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0101268
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02063405
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02071052
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0101268
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0108915
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02051548
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02063405
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0101060
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0112917
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01955463
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02051548
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0103911
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0199996
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02070219
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01955463
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-114756
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01929901
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0172849
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02070219
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-32531
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt011222
IRS990ScheduleD/ExpensesSubtotalAmt0101268
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt011222
IRS990ScheduleD/InvestmentExpensesNotIncldAmt011222
IRS990ScheduleD/NetUnrealizedGainsInvstAmt082469
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06155727
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS HELD FOR OTHERS
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.82970
IRS990ScheduleD/RevenueNotReportedAmt082469
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt011222
IRS990ScheduleD/RevenueSubtotalAmt026446
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT CONSISTS OF FUNDS HELD IN INVESTMENTS AND WAS CREATED THROUGH DONOR-RESTRICTED ENDOWMENT FUNDS. AS A COMPONENT OF SUPPORTING THE PHILHARMONIC SOCIETY, THE EARNINGS CAN ALSO BE USED TO SUBSIDIZE BALLET OKLAHOMA AND CANTERBURY CHORAL SOCIETY FOR ORCHESTRAL SERVICES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.17030
IRS990ScheduleD/TotalExpensesPerForm990Amt0112490
IRS990ScheduleD/TotalLiabilityAmt06155727
IRS990ScheduleD/TotalRevenuePerForm990Amt037668
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0108915
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0101268
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0101268
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GEN SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0OKLAHOMA PHILHARMONIC SOCIETY INC
IRS990ScheduleI/RecipientTable/RecipientEIN0731328565
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0424 COLCORD DRIVE STE B
IRS990ScheduleI/RecipientTable/USAddress/CityNm0OKLAHOMA CITY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OK
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd073102
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS TO THE SOCIETY ARE FOR GENERAL PURPOSE USE WITH NO FURTHER MONITORING BY THE FOUNDATION CONSIDERED NECESSARY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SOLE MEMBER OF THE FOUNDATION IS THE OKLAHOMA PHILHARMONIC SOCIETY, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SOLE MEMBER MUST APPROVE THE ELECTION OF THE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SOLE MEMBER MUST APPROVE ACTIONS OF THE FOUNDATION'S BOARD OF DIRECTORS AS DETAILED IN THE BY LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PROVIDED ELECTRONICALLY TO THE FULL BOARD FOR THEIR REVIEW PRIOR TO ISSUANCE. TRUSTEES WILL REPLY WITH ANY QUESTIONS OR THEIR APPROVAL TO SIGN THE RETURN.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.83$7.61$2.22$0.07$0.13$0.06
2023Detailed filing. Detailed filing data is available for this year.$9.02$6.96$2.06$0.00$0.12$0.12
2022Detailed filing. Detailed filing data is available for this year.$8.59$6.49$2.10$0.06$0.12$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.33$7.01$2.32$0.17$0.11$0.06
2020Detailed filing. Detailed filing data is available for this year.$7.66$5.73$1.93$0.07$0.11$0.05
2019Detailed filing. Detailed filing data is available for this year.$8.23$6.16$2.07$0.04$0.11$0.07
2018Detailed filing. Detailed filing data is available for this year.$8.10$6.03$2.06$0.06$0.11$0.06
2017Summary only. Only limited summary data is available for this year.$8.05$6.00$2.05$0.05$0.11$0.07
2016Summary only. Only limited summary data is available for this year.$7.63$5.67$1.96$0.18$0.12$0.05
2015Summary only. Only limited summary data is available for this year.$8.04$5.97$2.07$0.29$0.09$0.20
2014Detailed filing. Detailed filing data is available for this year.$7.95$6.02$1.93$0.17$0.09$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.92$5.16$1.75$0.09
2012Summary only. Only limited summary data is available for this year.$6.34$4.70$1.64$0.05$0.08$0.03
2011Summary only. Only limited summary data is available for this year.$5.72$0.00$5.72$0.51$0.27$0.24