Civic Intelligence

The Miami Downtown Redevelopment Authority

990 • Fiscal year 2020 • EIN 73-1345807

Mar 01, 2019 to Feb 28, 2020 • Filed on Jun 03, 2020

PO Box 1288Miami, OK 74355

(918) 540-2425

Siviq Scores

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

Liabilities / Assets

75th percentile

0.11x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.02x

Higher debt load relative to revenue than 66% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

60th percentile

12%

Higher net margin than 60% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

77th percentile

41%

Faster asset growth than 77% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

44th percentile

-20%

Faster revenue growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$63,275

Up $18,476 (+41%) from 2019

Net Assets

Up

$56,353

Up $18,392 (+48%) from 2019

Liabilities

Up

$6,922

Up $84 (+1.2%) from 2019

Revenue

Down

$315,737

Down $80,611 (-20%) from 2019

Expenses

Down

$278,553

Down $80,695 (-22%) from 2019

Net Income

Up

$37,184

Up $84 (+0.2%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2011: $1,639,712Liabilities 2011: $194,000Net Assets 2011: $1,445,7122011Assets 2012: $1,629,343Liabilities 2012: $152,000Net Assets 2012: $1,477,3432012Assets 2013: $1,533,954Liabilities 2013: $142,000Net Assets 2013: $1,391,9542013Assets 2014: $67,458Liabilities 2014: $133,0002014Assets 2015: $22,526Liabilities 2015: $130,9712015Assets 2016: $58,531Liabilities 2016: $122,704Net Assets 2016: -$64,1732016Assets 2017: $51,352Liabilities 2017: $114,978Net Assets 2017: -$63,6262017Assets 2018: $25,005Liabilities 2018: $8,045Net Assets 2018: $16,9602018Assets 2019: $44,799Liabilities 2019: $6,838Net Assets 2019: $37,9612019Assets 2020: $63,275Liabilities 2020: $6,922Net Assets 2020: $56,3532020Assets 2021: $72,679Liabilities 2021: $5,701Net Assets 2021: $66,9782021Assets 2022: $182,753Liabilities 2022: $12,536Net Assets 2022: $170,2172022Assets 2023: $235,169Liabilities 2023: $7,850Net Assets 2023: $227,3192023Assets 2024: $280,099Liabilities 2024: $2,878Net Assets 2024: $277,2212024Assets 2025: $482,733Liabilities 2025: $378Net Assets 2025: $482,3552025

Highlighted filing

2020

Assets$63,275
Liabilities$6,922
Net Assets$56,353

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $992,340Expenses 2011: $181,194Net Income 2011: $811,1462011Revenue 2012: $290,690Expenses 2012: $259,059Net Income 2012: $31,6312012Revenue 2013: $199,378Expenses 2013: $284,767Net Income 2013: -$85,3892013Revenue 2014: $138,073Expenses 2014: $150,345Net Income 2014: -$12,2722014Revenue 2015: $165,417Expenses 2015: $181,299Net Income 2015: -$15,8822015Revenue 2016: $282,823Expenses 2016: $259,344Net Income 2016: $23,4792016Revenue 2017: $309,441Expenses 2017: $308,894Net Income 2017: $5472017Revenue 2018: $298,082Expenses 2018: $189,023Net Income 2018: $109,0592018Revenue 2019: $396,348Expenses 2019: $359,248Net Income 2019: $37,1002019Revenue 2020: $315,737Expenses 2020: $278,553Net Income 2020: $37,1842020Revenue 2021: $252,193Expenses 2021: $222,252Net Income 2021: $29,9412021Revenue 2022: $430,249Expenses 2022: $314,846Net Income 2022: $115,4032022Revenue 2023: $359,944Expenses 2023: $294,592Net Income 2023: $65,3522023Revenue 2024: $362,923Expenses 2024: $301,326Net Income 2024: $61,5972024Revenue 2025: $632,938Expenses 2025: $416,109Net Income 2025: $216,8292025

Highlighted filing

2020

Revenue$315,737
Expenses$278,553
Net Income$37,184
Jump To
Filing Snapshot
Filing Period
Mar 1, 2019 to Feb 28, 2020
Signed
Jun 3, 2020
Return Version
2019v5.1
Gross Receipts
$319,505
Mission and Program Overview

Mission

Historical preservation of buildings in the miami, oklahoma area

To promote the arts and humanities, cultural and historic; to promote the economic wellbeing of the beneficiary, the city of miami.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$16,943$37,265▲ $20,322
Prepaid Expenses and Deferred Charges$17,756$18,435▲ $679
Land, Buildings, and Equipment, Net$10,100$7,575▼ $2,525
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$44,799$63,275▲ $18,476
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$6,459$6,543▲ $84
Other Liabilities$379$379→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$6,838$6,922▲ $84
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$37,961$56,353▲ $18,392
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$37,961$56,353▲ $18,392
Total Liabilities and Net Assets / Fund Balance$44,799$63,275▲ $18,476

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,575$17,681$25,256
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rudy SchultzChairman
Megan FrazierVice Chairman Beg 07/19
Jordan BoydVice Chairman End 07/19
Lynn ForkumTrustee
Matt KellerTrustee
Ryan OrcuttTrustee
Scott TrusslerTrustee
Ron StowellSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$141,073
Program Service Revenue
$160,801
Investment Income
$0
Other Revenue
$13,863
All Other Contributions
$46,073
Change in Net Assets
$37,184
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$180,119
Salaries, Compensation, and Employee Benefits$98,434
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$66,263$41,255-$107,518
Other Salaries and Wages$49,795$31,002-$80,797
Office Expenses$38,000$19,972-$57,972
Advertising$6,946$4,325-$11,271
Payroll Taxes$4,195$2,612-$6,807
Other Employee Benefits$3,552$2,211-$5,763
Pension Plan Contributions$3,123$1,944-$5,067
Depreciation Depletion$1,556$969-$2,525
Other Expenses$833--$833
Total Functional Expenses$174,263$104,290$0$278,553
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$379
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Selection of trustees: the trustees, including the initial trustees and their successors, are appointed by the city council of the city of miami, oklahoma as follows: -two trustees appointed by the city council of the city of miami, oklahoma, pursuant to its own nominating process and are from their own members. -four trustees appointed by the city council of the city of miami, oklahoma, from a list of one or more nominees for each position, submitted by the presently constituted and serving board of trustees of the mdra. Upon the expiration of the terms of these trustees, the city council of the city of miami, oklahoma, appoints their successors pursuant to its own nominating process. -one trustee appointed by the city council from one or more nominees provided by the mayor of the city of miami, oklahoma. This trustee is not a member of the city council, but may be an officer, employee or agent of the city of miami, oklahoma, or such other person that the mayor nominates.

Form 990, Part VI, Section A, Line 7B

Governance decisions: any amendments to the trust indenture must be approved and confirmed by the affirming vote of at least two thirds of the entire city council of the city of miami, oklahoma, a related organization.

Form 990, Part VI, Section B, Line 11B

Form 990 review process: the form 990 is prepared by an accounting firm using internal financial statements and information provided by the organization. The form 990 is provided to all board members to review at the monthly meeting prior to filing.

Form 990, Part VI, Section C, Line 19

Document disclosure: the organization's governing documents are available to be viewed upon request at the office of the city clerk at the city of miami, oklahoma.

Filing and Contact Details

Filer

Filer Name
The Miami Downtown Redevelopment Authority
EIN
73-1345807
In Care Of
% SHANNON DUHON
Phone
9185402425
Address
PO BOX 1288, MIAMI, OK 74355

Signing Officer

Name
Rudy Schultz
Title
Chairman
Phone
9185402425
Signed
2020-06-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rudy Schultz
Formed
1989
Legal Domicile
Ok
Voting Board Members
7
Independent Board Members
7
Employees
6
Volunteers
8

Preparer

Firm
Bkd Llp
Address
910 E ST LOUIS 200/PO BOX 1190, SPRINGFIELD, MO 65806-2523
Preparer
Brian D Todd
Phone
4178658701
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other changes in net assets: $(18,792) net transfers to/from affiliate

Form 990 Part IX Line 11G

Description:professional services total fees:2922

Form 990 Part IX Line 11G

Description:special contracts total fees:97378

Form 990 Part IX Line 11G

Description:maintenance/service contracts total fees:7218

Raw XML AppendixShowing 400 of 505 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06459
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06543
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE THE ARTS AND HUMANITIES, CULTURAL AND HISTORIC; TO PROMOTE THE ECONOMIC WELLBEING OF THE BENEFICIARY, THE CITY OF MIAMI.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04325
IRS990/AdvertisingGrp/ProgramServicesAmt06946
IRS990/AdvertisingGrp/TotalAmt011271
IRS990/AllOtherContributionsAmt046073
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0SHANNON DUHON
IRS990/BooksInCareOfDetail/PhoneNum09185402425
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1288
IRS990/BooksInCareOfDetail/USAddress/CityNm0MIAMI
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd074354
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt016943
IRS990/CashNonInterestBearingGrp/EOYAmt037265
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt03768
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0141073
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0180119
IRS990/CYOtherRevenueAmt013863
IRS990/CYProgramServiceRevenueAmt0160801
IRS990/CYRevenuesLessExpensesAmt037184
IRS990/CYSalariesCompEmpBnftPaidAmt098434
IRS990/CYTotalExpensesAmt0278553
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0315737
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0969
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01556
IRS990/DepreciationDepletionGrp/TotalAmt02525
IRS990/Desc0THE ORGANIZATION PROVIDES TOURS AS WELL AS SERVICES RELATED TO THE ARTS AND HUMANITIES, SHOWS INCLUDE SILENT MOVIES AND MIAMI LITTLE THEATRE PRODUCTIONS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt0174263
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt041255
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt066263
IRS990/FeesForServicesOtherGrp/TotalAmt0107518
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt03.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0RUDY SCHULTZ
IRS990/Form990PartVIISectionAGrp/PersonNm1SCOTT TRUSSLER
IRS990/Form990PartVIISectionAGrp/PersonNm2JORDAN BOYD
IRS990/Form990PartVIISectionAGrp/PersonNm3MEGAN FRAZIER
IRS990/Form990PartVIISectionAGrp/PersonNm4RON STOWELL
IRS990/Form990PartVIISectionAGrp/PersonNm5MATT KELLER
IRS990/Form990PartVIISectionAGrp/PersonNm6LYNN FORKUM
IRS990/Form990PartVIISectionAGrp/PersonNm7RYAN ORCUTT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRMAN END 07/19
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIRMAN BEG 07/19
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0319505
IRS990/GrossSalesOfInventoryAmt017631
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017681
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010100
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07575
IRS990/LandBldgEquipCostOrOtherBssAmt025256
IRS990/LegalDomicileStateCd0OK
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0HISTORICAL PRESERVATION OF BUILDINGS IN THE MIAMI, OKLAHOMA AREA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt037961
IRS990/NetAssetsOrFundBalancesEOYAmt056353
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt013863
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt013863
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt037961
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt056353
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019972
IRS990/OfficeExpensesGrp/ProgramServicesAmt038000
IRS990/OfficeExpensesGrp/TotalAmt057972
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-18792
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02211
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03552
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05763
IRS990/OtherExpensesGrp/Desc0LICENSES, DUES, SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ProgramServicesAmt0833
IRS990/OtherExpensesGrp/TotalAmt0833
IRS990/OtherLiabilitiesGrp/BOYAmt0379
IRS990/OtherLiabilitiesGrp/EOYAmt0379
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt031002
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt049795
IRS990/OtherSalariesAndWagesGrp/TotalAmt080797
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02612
IRS990/PayrollTaxesGrp/ProgramServicesAmt04195
IRS990/PayrollTaxesGrp/TotalAmt06807
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01944
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03123
IRS990/PensionPlanContributionsGrp/TotalAmt05067
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017756
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018435
IRS990/PrincipalOfficerNm0RUDY SCHULTZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/BusinessCd1711110
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0BALLROOM, COMMERCIAL, AND THEATRE RENTAL
IRS990/ProgramServiceRevenueGrp/Desc1TICKET SALES & USE FEES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt043314
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1111098
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26389
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt043314
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1111098
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26389
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0113694
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0242967
IRS990/PYOtherRevenueAmt017524
IRS990/PYProgramServiceRevenueAmt0265130
IRS990/PYRevenuesLessExpensesAmt037100
IRS990/PYSalariesCompEmpBnftPaidAmt0116281
IRS990/PYTotalExpensesAmt0359248
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0396348
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt037184
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt095000
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0160801
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0141073
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0113695
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0180659
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0150226
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0144911
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0730564
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0819362
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt017631
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt023697
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt08938
IRS990ScheduleA/OtherIncome170Grp/TotalAmt050266
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93563
IRS990ScheduleA/PublicSupportPY170Pct00.95012
IRS990ScheduleA/PublicSupportTotal170Amt0730564
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0141073
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0113695
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0180659
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0150226
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0144911
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0730564
IRS990ScheduleA/TotalSupportAmt0780830
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt07575
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017681
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025256
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0379
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07575
IRS990ScheduleD/TotalLiabilityAmt0379
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SELECTION OF TRUSTEES: THE TRUSTEES, INCLUDING THE INITIAL TRUSTEES AND THEIR SUCCESSORS, ARE APPOINTED BY THE CITY COUNCIL OF THE CITY OF MIAMI, OKLAHOMA AS FOLLOWS: -TWO TRUSTEES APPOINTED BY THE CITY COUNCIL OF THE CITY OF MIAMI, OKLAHOMA, PURSUANT TO ITS OWN NOMINATING PROCESS AND ARE FROM THEIR OWN MEMBERS. -FOUR TRUSTEES APPOINTED BY THE CITY COUNCIL OF THE CITY OF MIAMI, OKLAHOMA, FROM A LIST OF ONE OR MORE NOMINEES FOR EACH POSITION, SUBMITTED BY THE PRESENTLY CONSTITUTED AND SERVING BOARD OF TRUSTEES OF THE MDRA. UPON THE EXPIRATION OF THE TERMS OF THESE TRUSTEES, THE CITY COUNCIL OF THE CITY OF MIAMI, OKLAHOMA, APPOINTS THEIR SUCCESSORS PURSUANT TO ITS OWN NOMINATING PROCESS. -ONE TRUSTEE APPOINTED BY THE CITY COUNCIL FROM ONE OR MORE NOMINEES PROVIDED BY THE MAYOR OF THE CITY OF MIAMI, OKLAHOMA. THIS TRUSTEE IS NOT A MEMBER OF THE CITY COUNCIL, BUT MAY BE AN OFFICER, EMPLOYEE OR AGENT OF THE CITY OF MIAMI, OKLAHOMA, OR SUCH OTHER PERSON THAT THE MAYOR NOMINATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNANCE DECISIONS: ANY AMENDMENTS TO THE TRUST INDENTURE MUST BE APPROVED AND CONFIRMED BY THE AFFIRMING VOTE OF AT LEAST TWO THIRDS OF THE ENTIRE CITY COUNCIL OF THE CITY OF MIAMI, OKLAHOMA, A RELATED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 REVIEW PROCESS: THE FORM 990 IS PREPARED BY AN ACCOUNTING FIRM USING INTERNAL FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY THE ORGANIZATION. THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS TO REVIEW AT THE MONTHLY MEETING PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENT DISCLOSURE: THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO BE VIEWED UPON REQUEST AT THE OFFICE OF THE CITY CLERK AT THE CITY OF MIAMI, OKLAHOMA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER CHANGES IN NET ASSETS: $(18,792) NET TRANSFERS TO/FROM AFFILIATE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION:PROFESSIONAL SERVICES TOTAL FEES:2922
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION:SPECIAL CONTRACTS TOTAL FEES:97378
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DESCRIPTION:MAINTENANCE/SERVICE CONTRACTS TOTAL FEES:7218
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART IX LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PART IX LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990 PART IX LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.63$0.42$0.22
2024Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.36$0.30$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.24$0.01$0.23$0.36$0.29$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.17$0.43$0.31$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.07$0.01$0.07$0.25$0.22$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.06$0.01$0.06$0.32$0.28$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.04$0.01$0.04$0.40$0.36$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.02$0.30$0.19$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.05$0.11$0.06$0.31$0.31$0.00
2016Summary only. Only limited summary data is available for this year.$0.06$0.12$0.06$0.28$0.26$0.02
2015Summary only. Only limited summary data is available for this year.$0.02$0.13$0.17$0.18$0.02
2014Summary only. Only limited summary data is available for this year.$0.07$0.13$0.14$0.15$0.01
2013Summary only. Only limited summary data is available for this year.$1.53$0.14$1.39$0.20$0.28$0.09
2012Summary only. Only limited summary data is available for this year.$1.63$0.15$1.48$0.29$0.26$0.03
2011Summary only. Only limited summary data is available for this year.$1.64$0.19$1.45$0.99$0.18$0.81