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Downtown Oklahoma City Initiatives Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203674008 ✦ Oklahoma city, OK ✦ Designated as a 501(c)(3)

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Overview

What is Downtown Oklahoma City Initiatives Inc?

Downtown Oklahoma City Initiatives Inc, located at 211 N ROBINSON AVE 225, Oklahoma City, OK 73102, is a nonprofit organization dedicated to promoting creativity and culture in the urban core. They achieve this by funding public art and activation projects, which aim to inspire conversations and spark wonder, as well as to breathe new life into unused or underutilized spaces. An annual event, the Dean A. McGee Awards, honors business and civic leaders who have made significant contributions to Downtown Oklahoma City. The organization's mission is centered around enriching the downtown area through innovative and engaging initiatives.


Official website here: www.downtownokc.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

Downtown Oklahoma City Initiatives Inc has earned a 76% rating from Charity Navigator, reflecting a good level of accountability and finance management. The charity's strong points include its fully independent board, consisting of eight members, and no material diversion of assets, which indicate a sound governance structure. Furthermore, an impressive program expense ratio of 95.46% suggests that the majority of funds are directed toward its programs.

However, there are notable weaknesses in the organization’s policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy raises concerns about transparency and risk management. Additionally, while the charity's tax form is listed on its website, it does not meet all the requirements set forth by Charity Navigator, such as posting the tax form as stated on Form 990.

In summary, while Downtown Oklahoma City Initiatives Inc shows strengths in financial management and governance, the lack of essential policies could impact its overall accountability. Donors may want to consider these factors when making contributions.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Downtown Oklahoma City Initiatives Inc?

96% of 45 reviewers on Facebook recommend Downtown Oklahoma City Initiatives Inc. Here is a summary of their reviews: Many users appreciate the dedication and efforts of DOKC, Inc. towards enhancing the downtown area. One review highlights the organization's genuine commitment, suggesting that few people care as deeply about Downtown Oklahoma City as this nonprofit does.

The overall sentiment indicates that the community feels positively about the initiatives being implemented. Reviewers recognize the positive impact of the organization's work, contributing to the vibrancy and livability of the downtown area. This strong recommendation percentage reflects a general satisfaction with the services provided and the organization's mission.


This AI summary has been generated from reviews found on Facebook.

Is Downtown Oklahoma City Initiatives Inc legitimate?

Downtown Oklahoma City Initiatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Oklahoma City Initiatives Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.downtownokc.com/

What is the mission statement of Downtown Oklahoma City Initiatives Inc?

Downtown Oklahoma City Initiatives Inc's mission is centered around fostering creativity and culture in urban spaces. They achieve this by funding public art and activation projects that inspire dialogue and a sense of wonder. These projects aim to either activate unused spaces or reinvent existing ones in the urban core. The organization's initiatives are designed to promote conversation and curiosity, contributing to a more vibrant and engaging downtown environment. Apart from their regular projects, they also host an annual event, the Dean A. McGee Awards, which honors individuals who have made significant contributions to downtown Oklahoma City.


Official website here: www.downtownokc.com/

Who is the CEO of Downtown Oklahoma City Initiatives Inc?

Steve Mason is the Chair of Downtown Oklahoma City Initiatives Inc.


Official website here: www.downtownokc.com/

What is the revenue of Downtown Oklahoma City Initiatives Inc?

Downtown Oklahoma City Initiatives Inc's revenue in 2022 was $64,833.


Official website here: www.downtownokc.com/

Who are the executives of Downtown Oklahoma City Initiatives Inc and what are their salaries?

There 8 volunteers at Downtown Oklahoma City Initiatives Inc.


Here are 8 key members and their salaries:


Steve Mason (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Jenkins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meg Salyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clayton Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Kirt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Barta Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Fowler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.downtownokc.com/

Where can I find the form 990 for Downtown Oklahoma City Initiatives Inc?

Downtown Oklahoma City Initiatives Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.downtownokc.com/

Learn more at the official website: www.downtownokc.com/

Mission Statement of Downtown Oklahoma City Initiatives Inc

Downtown Oklahoma City Initiatives Inc, as an organization, is dedicated to cultivating a vibrant atmosphere of creativity and culture in downtown areas. They achieve this by funding projects that incorporate public art and activation, aiming to spark intriguing conversations and stimulate curiosity. These projects often serve to breathe new life into unused spaces or revitalize existing ones within the urban core. The ultimate goal is to encourage interaction and engagement within the community, making downtown a more lively and inviting place. In addition to their project initiatives, Downtown Oklahoma City Initiatives Inc hosts the annual Dean A. McGee Awards, honoring prominent business and civic leaders who have made substantial contributions to the revitalization and growth of downtown Oklahoma City.

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Impact




August, 2024

Downtown Oklahoma City Initiatives Inc's impact can be seen in the vibrant transformation of downtown Oklahoma City. Through their support for public art and activation projects, they have sparked creativity and culture in the urban core. By funding initiatives that inspire conversation and wonder, they have breathed new life into unused spaces and reimagined existing ones. Additionally, their annual Dean A. McGee Awards honor business and civic leaders who have played a crucial role in the development of downtown Oklahoma City. Overall, their efforts have contributed to the community improvement and revitalization of the city center.




This information is meant to be a general summary of Downtown Oklahoma City Initiatives Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$64,833 (2022)
Expenses
$35,310 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,220
  • Gross Receipts: $137,034

Assets and Liabilities:

  • Total Assets: $566,555
  • Total Liabilities: $12,789
  • Net Assets: $553,766

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Organization Details

Founding Year

2006

Principal Officer

Steve Mason

Main Address

211 N ROBINSON AVE 225, OKLAHOMA CITY, OK, 73102

NTEE Category

Code: S20 - Community improvement

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