Overview
What is Oklahoma City Art Museum Affiliated Fund Of Occf Inc?
Oklahoma City Art Museum Affiliated Fund of OCCF Inc is a nonprofit organization with a primary mission of supporting the Oklahoma City Community Foundation. They achieve this objective by distributing funds to the Oklahoma City Art Museum, which is a recognized IRS Section 501(c)(3) organization and the ultimate beneficiary of all the earnings from this organization. The primary goal of this fund is to contribute to the Oklahoma City community through its partnership with the art museum.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating
The Oklahoma City Art Museum Affiliated Fund Of Occf Inc has achieved a commendable 94% rating from Charity Navigator, which reflects a strong emphasis on accountability and financial health. The score is based entirely on the charity's accountability and finance practices, indicating a solid framework for governance and transparency.
The organization demonstrates exceptional performance with a perfect score in several key areas, including having a fully independent board and no material diversion of assets. Additionally, it has robust policies in place for conflict of interest, whistleblower protection, and document retention, further enhancing its credibility and trustworthiness.
A high program expense ratio of 93.41% signifies that the majority of its resources are directed towards its mission-related activities, showcasing a commitment to effective program delivery. While the rating is impressive, potential donors and stakeholders might still want to consider the specific programs and impacts of the organization for a comprehensive understanding.
This AI summary has been generated from information found on Charity Navigator.
Is Oklahoma City Art Museum Affiliated Fund Of Occf Inc legitimate?
Oklahoma City Art Museum Affiliated Fund Of Occf Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oklahoma City Art Museum Affiliated Fund Of Occf 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
What is the mission statement of Oklahoma City Art Museum Affiliated Fund Of Occf Inc?
The Oklahoma City Art Museum Affiliated Fund of OCCF Inc is dedicated to supporting the Oklahoma City Art Museum. In line with this, the organization makes distributions to the museum, which is a recognized IRS Section 501(c)(3) entity, serving as the ultimate beneficiary of all its earnings. This fund's primary mission is to contribute to the Oklahoma City Art Museum, thereby aiding in its continued operation and growth.
By providing financial support to the museum, the Oklahoma City Art Museum Affiliated Fund of OCCF Inc plays a crucial role in promoting and preserving the art culture within the community. The fund's contributions help ensure that the museum can continue to provide educational programs, exhibitions, and events that engage and inspire the public.
In summary, the Oklahoma City Art Museum Affiliated Fund of OCCF Inc exists to strengthen the Oklahoma City Art Museum's capacity to serve as a cultural and educational resource for the community, fostering appreciation for art and its role in society.
Who is the CEO of Oklahoma City Art Museum Affiliated Fund Of Occf Inc?
Cathy Lippard is the President of Oklahoma City Art Museum Affiliated Fund Of Occf Inc.
What is the revenue of Oklahoma City Art Museum Affiliated Fund Of Occf Inc?
Oklahoma City Art Museum Affiliated Fund Of Occf Inc's revenue in 2022 was $211,099.
Who are the executives of Oklahoma City Art Museum Affiliated Fund Of Occf Inc and what are their salaries?
There 5 volunteers at Oklahoma City Art Museum Affiliated Fund Of Occf Inc.
Here are 6 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $365,719
- Other: $64,153
Where can I find the form 990 for Oklahoma City Art Museum Affiliated Fund Of Occf Inc?
Oklahoma City Art Museum Affiliated Fund Of Occf Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oklahoma City Art Museum Affiliated Fund Of Occf Inc
Oklahoma City Art Museum Affiliated Fund Of OCCF Inc, as a mission-driven organization, is dedicated to supporting the Oklahoma City Art Museum. This support is materialized through the distributions made to the museum, acting as a crucial contributor to its operations. As an IRS Section 501(c)(3) organization, the ultimate beneficiary of all the earnings generated by this fund, Oklahoma City Art Museum Affiliated Fund Of OCCF Inc plays a significant role in preserving and promoting the art scene within the Oklahoma City community. By providing financial assistance to the Oklahoma City Art Museum, this nonprofit organization helps ensure that the museum continues to serve as a cultural hub, providing opportunities for artistic exploration and education to the community at large.
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Impact
October, 2024
The Oklahoma City Art Museum Affiliated Fund of OCCF Inc. plays a pivotal role in enhancing the cultural landscape of Oklahoma City by channeling financial support to the Oklahoma City Art Museum. Through its dedicated efforts, the fund ensures that the museum can sustain and expand its programs, exhibitions, and community outreach initiatives. This support not only enriches the local arts scene but also fosters a greater appreciation for art within the community. By facilitating distributions to the museum, the fund significantly contributes to its ability to serve as a center for creativity and education, ultimately benefiting residents and visitors alike. The impact of this initiative is reflected in increased access to arts programming, enhanced cultural experiences, and the promotion of artistic expression in the region.
This information is meant to be a general summary of Oklahoma City Art Museum Affiliated Fund Of Occf 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $205,699
- Gross Receipts: $1,451,375
Assets and Liabilities:
- Total Assets: $10,096,097
- Total Liabilities: $0
- Net Assets: $10,096,097
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Organization Details
Founding Year
1991
Phone
(405) 235-5603Principal Officer
Cathy Lippard
Main Address
PO BOX 1146, OKLAHOMA CITY, OK, 731011146
NTEE Category
Code: A110 - Arts
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