Claremore Performing Arts Center Inc
- Assets
- $3.8m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Claremore, OK
- Founding
- 01/2004
- Data as of
- 06/2021
- EIN
- 20-0378719
Organization Overview
Claremore Performing Arts Center Inc is located in Claremore, OK. The organization was established in 2004. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Claremore Performing Arts Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Claremore Performing Arts Center Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 48.5% each year . All expenses for the organization totaled $864.9k during the year ending 06/2021. While expenses have increased by 28.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT EDUCATIONAL ACTIVITIES OF CLAREMORE PUBLIC SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE OF PAC BUILDING - DURING THIS TAX YEAR THIS INCLUDED INSTALLING NEW LED LIGHTING IN THE PAC
DEFRAY SALARY/EXPENSE OF SCHOOL STAFF AT PAC
EQUIPMENT AND SUPPLIES FOR PAC
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard D Mosier Secretary Treasurer | OfficerTrustee | 5 | $0 |
Frank C Robson President | OfficerTrustee | 5 | $0 |
Rueil Doonkeen Vice President | OfficerTrustee | 1 | $0 |
Patrick Gotcher Board Member | Trustee | 1 | $0 |
Bryan Frazier Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $994,688 |
| Noncash contributions included in lines 1a–1f | $994,602 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $994,688 |
| Total Program Service Revenue | $0 |
| Investment income | $121,375 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,544 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,129,607 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $794,743 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,108 |
| Fees for services: Other | $49,530 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $524 |
| Total functional expenses | $864,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,260,112 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,499,153 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,759,265 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $3,759,265 |
| Total liabilities and net assets/fund balances | $3,759,265 |
Endowment Analysis
| Beg. Balance | $3,494,563 |
| Earnings | $134,919 |
| Admin Expense | $20,108 |
| Net Contributions | $994,688 |
| Other Expense | $50,055 |
| Grants | $794,742 |
| Ending Balance | $3,759,265 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Arkansas Foundation Inc Fayetteville, AR | $2,089,992,333 | $297,590,096 |
Colorado State University Foundation Fort Collins, CO | $706,044,439 | $163,322,590 |
Texas A & M Research Foundation College Station, TX | $17,651,760 | $64,742,890 |
Vanguard Academy Pharr, TX | $58,411,993 | $65,696,988 |
Southwestern Medical Foundation Dallas, TX | $1,318,497,986 | $133,001,887 |
Unm Rainforest Innovations Albuquerque, NM | $22,586,721 | $58,002,418 |
University Of New Mexico Foundation Incorporated Albuquerque, NM | $270,142,035 | $53,815,950 |
Colorado School Of Mines Foundation Golden, CO | $425,843,908 | $49,131,943 |
University Of Texas Foundation Austin, TX | $88,879,484 | $47,692,096 |
American Indian College Fund Denver, CO | $151,570,496 | $57,441,920 |
University Of Arkansas Fayetteville Campus Foundation Inc Fayetteville, AR | $748,157,500 | $15,686,060 |
Missouri State University Foundation Springfield, MO | $193,009,225 | $33,993,322 |