Overview
What is Civic Center Foundation?
The Civic Center Foundation is a nonprofit organization situated in Oklahoma City, Oklahoma. With a team of 90 employees, its primary mission is to maintain a thriving performing arts scene in the city. They accomplish this by investing in the continuous renovation of the Civic Center Music Hall and promoting community-wide educational outreach. In the fiscal year ending June 30, 2022, they hosted 167 performances, 65 events, and welcomed over 171,000 attendees. The foundation also contributed $900,000 towards renovations of the Civic Center in August 2021 and provided additional funding of $203,127 for carpet installation within the renovated facility in March 2022.
What are the reviews and ratings of this charity?
**Civic Center Foundation**
**Rating: Needs Improvement (Two Stars, 68%)**
The Civic Center Foundation has received a Two-Star out of Four Star rating from Charity Navigator, reflecting an overall score focused on Accountability & Finance. The organization boasts strong governance with a fully independent board, effective financial oversight, and a good liabilities-to-assets ratio. However, concerns arise due to several missing policies and transparency issues, such as the absence of a whistleblower policy and inadequate visibility of financial documents on its website.
The foundation's program expense ratio is notably low, at 55.60%, suggesting a significant portion of its resources may not be directed toward its programs. While there are no major issues reported in regards to asset diversion, the missing essential governance documents may affect stakeholders' trust and transparency. The executive director's salary, which is reported to be $200,497, raises questions about compensation practices relative to the organization’s financial health.
**Not Available**
This AI summary has been generated from information found on Charity Navigator.
Is Civic Center Foundation legitimate?
Civic Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Civic Center Foundation 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: $207,092
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,877
For more financial information, click here
What is the mission statement of Civic Center Foundation?
The Civic Center Foundation's mission is centered around ensuring a robust and lively performing arts scene in an unspecified city. They achieve this by continuously improving the Civic Center Music Hall and engaging in extensive educational outreach within the community. Through these endeavors, the foundation aims to maintain a strong presence of performing arts, thereby enriching the cultural landscape. During the fiscal year ending June 30, 2022, the Civic Center Music Hall hosted numerous performances and events, attracting a significant number of attendees. The foundation has also contributed financially to renovations of the Civic Center and installed additional carpeting within these renovations.
Who is the CEO of Civic Center Foundation?
Elizabeth Gray is the President of Civic Center Foundation.
What is the revenue of Civic Center Foundation?
Civic Center Foundation's revenue in 2022 was $9,433,926.
Who are the executives of Civic Center Foundation and what are their salaries?
The average compensation at Civic Center Foundation during 2022 was $2,844. There are 90 employees and 481 volunteers at Civic Center Foundation.
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- Compensation: $179,631
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- Other: $15,674
Where can I find the form 990 for Civic Center Foundation?
Civic Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Civic Center Foundation
The Civic Center Foundation is dedicated to maintaining a robust and lively performing arts scene within Oklahoma City. They achieve this by continually investing in the capital improvements of the Civic Center Music Hall and promoting educational outreach within the community at large. By ensuring the vitality of the performing arts, the foundation contributes to the cultural richness and overall enrichment of the city's residents.
In pursuit of its mission, the Civic Center Foundation has been actively involved in various artistic productions. During the fiscal year ending June 30, 2022, the foundation hosted a total of 167 performances and 65 other events at the Civic Center Music Hall, which welcomed 171,147 patrons and guests. To further enhance the facility, in August 2021, the foundation entered into a participation agreement with the city to contribute $900,000 towards Civic Center renovations. This financial contribution was made in October 2021 from the Capital Projects Fund. In addition, the foundation also contributed $203,127 to install additional carpet within the Civic Center renovations on March 3, 2022.
These actions highlight the Civic Center Foundation's commitment to preserving and improving the Civic Center Music Hall as a premier venue for performing arts, while simultaneously engaging with and educating the broader community. By doing so, the foundation plays an essential role in fostering a vibrant cultural landscape within Oklahoma City.
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Impact
July, 2024
The Civic Center Foundation plays a crucial role in ensuring a strong and vibrant performing arts presence in Oklahoma City. Through their continued capital improvements of the Civic Center Music Hall and community-wide educational outreach efforts, they have significantly contributed to the cultural enrichment of the city. In the fiscal year ending June 30, 2022, the Civic Center Music Hall hosted 167 performances and 65 other events, with a total attendance of 171,147 patrons and guests. Additionally, the foundation entered into a participation agreement with the city to contribute $900,000 towards Civic Center renovations and further invested $203,127 to install additional carpet. The foundation's dedication to supporting the arts in the community showcases their impactful contributions to the cultural landscape of Oklahoma City.
This information is meant to be a general summary of Civic Center Foundation. 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: $6,464
- Program Service Revenue: $4,988,958
- Gross Receipts: $9,633,060
Assets and Liabilities:
- Total Assets: $14,289,365
- Total Liabilities: $2,326,646
- Net Assets: $11,962,719
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATER PRODUCTION
Revenue
$2,700,104
MANAGEMENT FEES
Revenue
$1,034,885
PRESENTATIONS
Revenue
$750,982
PRESIDENT'S CLUB
Revenue
$387,987
SUITE TICKETS
Revenue
$115,000
Organization Details
Founding Year
2001
Phone
(405) 594-8264Principal Officer
Elizabeth Gray
Main Address
201 N WALKER AVE, OKLAHOMA CITY, OK, 73102
NTEE Category
Code: A12 - Arts
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