Overview
What is Oklahoma Philharmonic Affiliated Fund Of Occf Inc?
Oklahoma Philharmonic Affiliated Fund of OCCF Inc is a nonprofit organization based in Oklahoma City, Oklahoma. Their primary mission is to support the Oklahoma Philharmonic Society, a 501(c)(3) organization that champions various philharmonic initiatives within the local community. By donating to this affiliated fund, individuals contribute to the Oklahoma City Community Foundation's efforts to enhance the Oklahoma Philharmonic's activities. While the description is brief, it reveals that this nonprofit's purpose is to promote and strengthen the Oklahoma Philharmonic's presence and impact within the community. The specific activities or programs undertaken by the philharmonic are not explicitly mentioned in the provided information, but the fund's objective is to support its endeavors and ensure its continued success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
The Oklahoma Philharmonic Affiliated Fund of OCCF Inc has achieved a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 94%, this nonprofit demonstrates effective management and transparency, making it a trustworthy option for donors. The rating is based entirely on accountability and finance metrics, showcasing the organization's commitment to responsible stewardship of its resources.
One notable strength of the organization is its governance structure, which includes a board composed of 100% independent members. This independence is crucial as it mitigates potential conflicts of interest and enhances decision-making integrity. Additionally, the organization has established robust policies regarding conflicts of interest, whistleblowing, and document retention, all of which have been scored highly.
Financially, the organization exhibits commendable metrics, including a 93.06% program expense ratio, indicating that the majority of its funds are directed towards its programs rather than administrative costs. Furthermore, it maintains a 0.00% liabilities to assets ratio, emphasizing its solid financial footing. Overall, the Oklahoma Philharmonic Affiliated Fund reflects strong practices that benefit both the organization and its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Oklahoma Philharmonic Affiliated Fund Of Occf Inc legitimate?
Oklahoma Philharmonic Affiliated Fund Of Occf Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oklahoma Philharmonic 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
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What is the mission statement of Oklahoma Philharmonic Affiliated Fund Of Occf Inc?
The Oklahoma Philharmonic Affiliated Fund of OCCF Inc is committed to supporting the Oklahoma Community Foundation by backing the Oklahoma Philharmonic. Their mission, in essence, is to channel resources towards the Oklahoma Philharmonic Society, a non-profit organization under Section 501(c)(3), which is dedicated to fostering various philharmonic initiatives within the local community. All distributions made by the fund are intended for the betterment of the Oklahoma Philharmonic.
Who is the CEO of Oklahoma Philharmonic Affiliated Fund Of Occf Inc?
Cathy Lippard is the President of Oklahoma Philharmonic Affiliated Fund Of Occf Inc.
What is the revenue of Oklahoma Philharmonic Affiliated Fund Of Occf Inc?
Oklahoma Philharmonic Affiliated Fund Of Occf Inc's revenue in 2022 was $200,711.
Who are the executives of Oklahoma Philharmonic Affiliated Fund Of Occf Inc and what are their salaries?
There 8 volunteers at Oklahoma Philharmonic Affiliated Fund Of Occf Inc.
Here are 9 key members and their salaries:
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- Related: $365,719
- Other: $64,153
Where can I find the form 990 for Oklahoma Philharmonic Affiliated Fund Of Occf Inc?
Oklahoma Philharmonic Affiliated Fund Of Occf Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oklahoma Philharmonic Affiliated Fund Of Occf Inc
Oklahoma Philharmonic Affiliated Fund of OCCF Inc is dedicated to supporting the Oklahoma Philharmonic Society, a non-profit organization under section 501(c)(3). This affiliated fund's primary mission is to contribute to the philharmonic endeavors within the community. By making all its distributions to the Oklahoma Philharmonic Society, this fund aims to promote and uplift various philharmonic activities in the local area. The Oklahoma Philharmonic Affiliated Fund of OCCF Inc serves as a crucial supporter, helping to enhance the artistic and cultural landscape of the community through its association with the Oklahoma Philharmonic Society.
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Impact
October, 2024
Oklahoma Philharmonic Affiliated Fund of OCCF Inc. plays a vital role in enhancing the cultural landscape of Oklahoma City by providing essential support to the Oklahoma Philharmonic Society. By channeling resources into various philharmonic endeavors, it helps elevate the arts within the community, fostering appreciation for music and performance.
The fund's impact is evident in its ability to enrich the local cultural scene through musical performances, educational programs, and community outreach efforts. These initiatives not only promote the art of orchestral music but also engage diverse audiences, cultivating a love for the arts among residents of all ages. Through strategic distributions, the organization strengthens the foundation of the Oklahoma City community by supporting artistic expression and accessibility to high-quality performances.
This information is meant to be a general summary of Oklahoma Philharmonic 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: $185,860
- Gross Receipts: $1,332,284
Assets and Liabilities:
- Total Assets: $8,956,728
- Total Liabilities: $0
- Net Assets: $8,956,728
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Organization Details
Founding Year
1994
Phone
(405) 235-5603Principal Officer
Cathy Lippard
Main Address
PO BOX 1146, OKLAHOMA CITY, OK, 731011146
NTEE Category
Code: A68I - Arts
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