2025-02-03T18:11:37-06:00 2024-06-30 731225615 SMITH CARNEY & CO PC 5100 N BROOKLINE SUITE 1000 OKLAHOMA CITY OK 731123627 990 2023-07-01 736112471 ARTS COUNCIL OF OKLAHOMA CITY ARTS 4052704848 400 WEST CALIFORNIA AVE OKLAHOMA CITY OK 73102 ANGELA COZBY EXECUTIVE DIRECTOR 4055944211 2025-01-28 1 1 LEAH K LOGAN P01209918 4052721040 2023 2025-03-06 01:10:19Z ARTS COUNCIL OKC ANGELA COZBY 400 WEST CALIFORNIA AVE OKLAHOMA CITY OK 73102 3466328 0 X WWW.ARTSCOUNCILOKC.COM X 1967 OK WE PROMOTE PUBLIC AWARENESS AND SUPPORT FOR THE ARTS THROUGH OUR MISSION OF BRINGING THE ARTS AND THE COMMUNITY TOGETHER. OUR FREE AND LOW-COST EVENTS AND PROGRAMS REACH NEARLY ONE MILLION PEOPLE ANNUALLY. 27 27 13 3500 0 0 1134026 1484444 2416118 1919246 58507 33061 2450 10572 3611101 3447323 0 0 0 0 887433 780963 0 0 193486 2683587 2932389 3571020 3713352 40081 -266029 3319412 3245719 78327 182172 3241085 3063547 X PROMOTING PUBLIC AWARENESS AND SUPPORT FOR THE ARTS THROUGH OUR MISSION OF BRINGING THE ARTS AND COMMUNITY TOGETHER. OUR FREE AND LOW-COST EVENTS AND PROGRAMS REACH NEARLY ONE MILLION PEOPLE ANNUALLY. 0 0 2651643 1869942 SINCE 1967, THE FESTIVAL OF THE ARTS HAS SERVED AS THE STATE'S LARGEST FINE ARTS FESTIVAL WITH AN ATTENDANCE OF MORE THAN 550,000 IN 4 DAYS. THE EVENT, WHICH IS FREE TO THE PUBLIC, FEATURES 144 ARTISTS FROM ACROSS THE COUNTRY, LIVE PERFORMING ARTS ENTERTAINMENT ON TWO STAGES, STREET PERFORMANCES, INTERNATIONAL CUSINE FROM 30 VENDORS, EXTENSIVE AND ENGAGING PROGRAMMING FOR YOUTH, AND INTERACTIVE ART ACTIVITIES FOR ALL AGES. FESTIVAL OF THE ARTS IS THE SINGLE LARGEST FUNDING SOURCE FOR ALL OTHER ARTS COUNCIL OKC PROGRAMS. 126748 5645 ART MOVES IS A POP-UP ART EXPERIENCE THAT OCCURS WEEKLY THROUGHOUT THE METRO WITH INTERACTIVE ART EXPERIENCES FEATURING VISUAL AND PERFORMING ARTISTS. 253905 26964 ALL ACCESS ARTS REACHES MORE THAN 8,000 YOUTH AND SENIORS EACH YEAR. THIS PROGRAM CONSISTS OF SEVERAL PROJECTS THAT PROVIDE ARTS EDUCATION FOR AT-RISK AND UNDERSERVED COMMUNITIES THROUGHOUT THE OKLAHOMA CITY METRO AREA. AAA IS POSSIBLE THROUGH NUMEROUS PARTNERSHIPS WITH COMMUNITY AGENCIES AND OFFERS HIGH-QUALITY, IN-DEPTH, MULTIDISCIPLINARY ARTS INSTRUCTION AND PERFORMANCE. FOR MANY PARTICIPANTS, THESE PROGRAMS ARE THEIR ONLY ACCESS TO THE ARTS. IN ADDITION TO THESE PROJECTS, AAA ALSO PROVIDES TEENS WITH PRODUCTIVE LEADERSHIP OPPORTINITIES IN THE ARTS THROUGH ITS TEEN ARTS COUNCIL. 100701 16695 SUNDAY TWIGHLIGHT CONCERT SERIES PROVIDES A FREE 2-HOUR ART EXPERIENCE THROUGHOUT THE SUMMER TO THE GENERAL PUBLIC. THE EVENT ENCOMPASSES ALL FORMS OF ART AND EACH WEEK FEATURES A DIFFERENT ARTIST.ARTISANS IS A YOUTH LEADERSHIP GROUP DESIGNED TO EDUCATE,PROMOTE, AND SUPPORT THE ARTS IN THE YOUNG PROFESSIONALS MARKET WITH AN ANNUAL BUDGET OF $2,000. 100701 16695 3132997 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 72 0 13 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK X X ARTS COUNCIL OKC 4052704848 400 WEST CALIFORNIA AVE OKLAHOMA CITY OK 73102 ANGELA COZBY EXECUTIVE DIRECTOR 35.00 X X 124996 0 0 BRIAN ALFORD PRESIDENT 0.50 X 0 0 0 TYLER BOLTON TRUSTEE 0.50 X 0 0 0 DANIEL BILLINGSLEY TRUSTEE 0.50 X 0 0 0 KATI CHRIST FORMER PRESIDENT 0.50 X 0 0 0 SCOTT DOUGLAS TRUSTEE 0.50 X 0 0 0 RUSTY DUNCAN TRUSTEE 0.50 X 0 0 0 HILLARY FARRELL SECRETARY 0.50 X 0 0 0 LANCE HAFFNER TRUSTEE 0.50 X 0 0 0 SUSAN WHITTINGTON TRUSTEE 0.50 X 0 0 0 SHEENA HOLLANDER TRUSTEE 0.50 X 0 0 0 GARRETT JACKSON VICE PRESIDENT 0.50 X 0 0 0 PAUL LIENHARD TREASURER 0.50 X 0 0 0 LANE NEAL TRUSTEE 0.50 X 0 0 0 KIRBY BRINLEE TRUSTEE 0.50 X 0 0 0 TONY PUCKETT TRUSTEE 0.50 X 0 0 0 TIMILA ROTHER TRUSTEE 0.50 X 0 0 0 JEFF SEYMOUR TRUSTEE 0.50 X 0 0 0 ASHLEY STEVENSON TRUSTEE 0.50 X 0 0 0 LEAH ROPER TRUSTEE 0.50 X 0 0 0 HELEN RAMBO TRUSTEE 0.50 X 0 0 0 JANA BUGHER TRUSTEE 0.50 X 0 0 0 LAUREN CLARK TRUSTEE 0.50 X 0 0 0 MISHA GOLI TRUSTEE 0.50 X 0 0 0 ISAAC HINES TRUSTEE 0.50 X 0 0 0 ANDREW HOLDER TRUSTEE 0.50 X 0 0 0 PHI NGUYEN TRUSTEE 0.50 X 0 0 0 CHUCK COHN TRUSTEE 0.50 X 0 0 0 124996 0 0 1 0 0 0 0 176757 77082 1230605 467145 1484444 FESTIVAL OF THE ARTS 711300 1869942 1869942 ALL ACCESS ARTS 611110 26964 26964 SUNDAY TWIGHLIGHT CONC 713110 16667 16667 ART MOVES 711300 5645 5645 ARTISANS 713110 28 28 1919246 33061 33061 2325 0 2325 2325 2325 23484 19005 4479 4479 OTHER INCOME 711130 3768 3768 3768 3447323 1958400 0 4479 124996 87497 37499 581445 362681 95325 123439 16355 10761 1684 3910 58167 38291 6728 13148 2283 2283 27860 27860 283317 268921 14246 150 15680 10558 5122 102804 60247 32375 10182 31266 31266 106878 66396 40482 7932 7152 780 11296 10286 490 520 145898 119765 26133 118417 41238 77179 ARTIST COMMISSIONS FROM 1252459 1252459 EVENT SUPPLIES AND LABO 735657 710205 24916 536 CONCESSIONS AT EVENTS 64268 64268 A&E SUPPLIES 18239 14137 4102 8135 8135 3713352 3132997 386869 193486 7744 10667 376759 334783 318633 279502 10141 0 2134 26039 16670 3565610 2819718 893448 745892 1568692 1653784 115822 204421 3319412 3245719 78327 98777 0 83395 78327 182172 X 3210252 2979928 30833 83619 3241085 3063547 3319412 3245719 -266029 88488 3 0 X X 0 1 X 1 0 X 923388 949232 936977 1134026 1488923 5432546 239977 2442955 2553609 2416118 2128999 9781658 1163365 3392187 3490586 3550144 3617922 15214204 18813 22033 25645 26553 32148 125192 0 18813 22033 25645 26553 32148 125192 15089012 72087 79013 28668 58507 33061 271336 72087 79013 28668 58507 33061 271336 6093 6093 1235452 3471200 3519254 3608651 3657076 15491633 0.97400 0.97120 0.01750 0.02130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60708 8799 3208 387 65912 58200 6095 3218 369 60708 70466 -8625 3224 417 58200 57733 16154 3020 401 70466 59427 1614 2943 365 57733 0.00000 0.00000 1.00000 1 0 939336 917152 22184 2626274 1902566 723708 745892 RIGHT OF USE ASSET 83395 ART COLLECTION 55115 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 65911 204421 LEASE LIABILITIES 83395 83395 2302357 88488 -1233454 -1144966 3447323 0 3447323 2479898 -1233454 -1233454 3713352 0 3713352 PART V, LINE 4: TO SUPPORT OPERATIONS OF THE ORGANIZATION IN PERPETUITY PART XI, LINE 2D - OTHER ADJUSTMENTS: ARTIST COMMISSION ON ART SALES REPORTED AS NET OF REV ON F/S AND AS EXP 990 ANGELS AND FRIENDS TICKET SALES - EXPENSE NETTED WITH RELATED REVENUE PART XII, LINE 2D - OTHER ADJUSTMENTS: ART SALES AT EVENTS REPORTED AS NET OF EXP ON F/S BUT SEPARATE ON 990 ANGELS AND FRIENDS TICKET SALES - EXPENSE NETTED WITH RELATED REVENUE SCHEDULE D SUPPLEMENTAL INFORMATION AS A PUBLIC CHARITY, THE ARTS COUNCIL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON INCOME RELATED TO ITS EXEMPT PURPOSE UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). THE ARTS COUNCIL FOLLOWS THE ACCOUNTING GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ARTS COUNCIL IS SUBJECT TO FEDERAL AND STATE INCOME TAXES TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. THE ARTS COUNCIL CURRENTLY HAS NO TAXES DUE FOR UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH THE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT HAS EVALUATED ITS MATERIAL TAX POSITIONS AND DETERMINED THAT THERE ARE NO INCOME TAX EFFECTS WITH RESPECT TO ITS FINANCIAL STATEMENTS. ANGELS AND FRIENDS TICKET SALES 23484 23484 13205 5800 23484 23484 13205 5800 19005 4479 X X X 0 0 0 0 0 0 0 0 0 X 12 38618 RETAIL VALUE X PROMOTION MATERIALS & ADVERTISING SPACE 13 161400 RETAIL VALUE X PRODUCTION MATERIALS & EQUIPMENT 24 158862 RETAIL VALUE X RENTALS 8 99553 RETAIL VALUE X LEGAL SERVICES 1 5000 RETAIL VALUE X EVENT SUPPLIES 1 3713 RETAIL VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD FINANCE COMMITTEE MEETS WITH THE EXECUTIVE DIRECTOR AND ACCOUNTING STAFF TO REVIEW THE 990 IN DETAIL AFTER THE ANNUAL AUDIT IS COMPLETE. ONCE THE REVIEW IS COMPLETED AND THE 990 IS ACCEPTED BY THE COMMITTEE, THE COMMITTEE PRESENTS IT TO THE FULL BOARD FOR REVIEW AND A VOTE TO ACCEPT. ONCE THE 990 IS ACCEPTED BY THE FULL BOARD, THE FORM IS SIGNED AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY TRUSTEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST FORM LISTING ANY CONFLICTS AND THESE ARE REVIEWED BY THE BOARD EXECUTIVE COMMITTEE AND THE MANAGEMENT OF THE ORGANIZATION. IF DURING THE YEAR THE ORGANIZATION ENTERS INTO BUSINESS WITH ANY TRUSTEE OR ORGANIZATION THEY ARE AFFILIATED WITH THE TRUSTEE IS REMOVED FROM ANY DECISION-MAKING REGARDING THAT PORTION OF THE BUSINESS OPERATIONS. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT OF THE BOARD AND THE PERSONNEL COMMITTEE CONDUCT AN ANNUAL PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR. RESULTS OF THAT REVIEW GOVERN DECISIONS RELATED TO ANY COMPENSATION CHANGES. CHANGES ARE ALSO AFFECTED BY NON-PROFIT COMPENSATION REPORTS PRODUCED BY THE OKLAHOMA CENTER FOR NON-PROFITS, THE ECONOMY, AND THE FINANCIAL STATUS OF THE ORGANIZATION. THE BOARD EXECUTIVE COMMITTEE ALSO REVIEWS ANNUAL COMPENSATION ADJUSTMENTS FOR ALL STAFF AND HAS FINAL APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 ALL ARTS COUNCIL PUBLIC DOCUMENTS ARE AVAILABLE BY REQUEST IN WRITING OR OVER THE PHONE. ANNUAL AUDITED FINANCIALS AND THE 990 ARE ALSO AVAILABLE THROUGH THE COMPANY WEBSITE. FORM 990, PART XI LINE 2C - THE FINANCE COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD FINANCE COMMITTEE MEETS WITH THE EXECUTIVE DIRECTOR AND ACCOUNTING STAFF TO REVIEW THE 990 IN DETAIL AFTER THE ANNUAL AUDIT IS COMPLETE. ONCE THE REVIEW IS COMPLETED AND THE 990 IS ACCEPTED BY THE COMMITTEE, THE COMMITTEE PRESENTS IT TO THE FULL BOARD FOR REVIEW AND A VOTE TO ACCEPT. ONCE THE 990 IS ACCEPTED BY THE FULL BOARD, THE FORM IS SIGNED AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY TRUSTEES ARE REQUIRED TO SUBMIT CONFLICT OF INTEREST FORM LISTING AND CONFLICTS AND THESE ARE REVIEWED BY THE BOARD EXECUTIVE COMMITTEE AND THE MANAGEMENT OF THE ORGANIZATION. IF DURING THE YEAR THE ORGANIZATION ENTERS INTO BUSINESS WITH ANY TRUSTEE OR ORGANIZATION THEY ARE AFFILIATED WITH THE TRUSTEE IS REMOVED FROM ANY DECISION-MAKING REGARDING THAT PORTION OF THE BUSINESS OPERATIONS. FORM 990, PART VI, SECTION C, LINE 19 ALL ARTS COUNCIL PUBLIC DOCUMENTS ARE AVAILABLE BY REQUEST IN WRITING OR OVER THE PHONE. ANNUAL AUDITED FINANCIALS AND THE 990 ARE ALSO AVAILABLE THROUGH THE COMPANY WEBSITE. FORM 990, PART VI, SECTION B, LINE 19 THE PRESIDENT OF THE BOARD AND THE PERSONNEL COMMITTEE CONDUCT AN ANNUAL PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR. RESULTS OF THAT REVIEW GOVERN DECISIONS RELATED TO ANY COMPENSATION CHANGES. CHANGES ARE ALSO AFFECTED BY NON-PROFIT COMPENSATION REPORTS PRODUCED BY THE OKLAHOMA CENTER FOR NON-PROFITS, THE ECONOMY, AND THE FINANCIAL STATUS OF THE ORGANIZATION. THE BOARD EXECUTIVE COMMITTEE ALSO REVIEWS ANNUAL COMPENSATION ADJUSTMENTS FOR ALL STAFF AND HAS FINAL APPROVAL.