Oklahoma Speaker's Ball Inc
- Assets
- $507.7k
- Revenue
- $650.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Norman, OK
- Founding
- Data as of
- 12/2022
- EIN
- 20-2018083
Organization Overview
Oklahoma Speaker's Ball Inc is located in Norman, OK. Oklahoma Speaker's Ball Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Oklahoma Speaker's Ball Inc generated $650.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 32.6% each year . All expenses for the organization totaled $545.9k during the year ending 12/2022. While expenses have increased by 11.6% per year over the past 2 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.
Since 2021, Oklahoma Speaker's Ball Inc has awarded 12 individual grants totaling $360,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE CORPORATION IS TO ORGANIZE AND EXECUTE AN ANNUAL BALL TO INAUGURATE THE CURRENT OKLAHOMA SPEAKER OF THE HOUSE; TO CELEBRATE THE COMMENCEMENT OF THE OKLAHOMA LEGISLATIVE SESSION; AND TO BENEFIT A WORTHY OKLAHOMA 501(C)(3) CHARITABLE ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZED AND EXECUTED A GALA EVENT FOR APPROXIMATELY 1,000 PEOPLE TO CELEBRATE THE UPCOMING LEGISLATIVE SESSION. AS PART OF THE EVENT, RAISED $110,000 FOR OKLAHOMA CHARITABLE ORGANIZATIONS. BEGAN PREPARATIONS FOR A SIMILAR EVENT FOR 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert G Mccampbell Chair | OfficerTrustee | 1 | $0 |
Mark Liotta Vice Chair | OfficerTrustee | 0.5 | $0 |
Chuck Thompson Treasurer | OfficerTrustee | 1 | $0 |
Seigel Heffington Member | Trustee | 0.5 | $0 |
Marian Free Executive Director | Officer | 10 | $24,200 |
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 | $650,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $650,750 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $650,750 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $110,000 |
| 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. | $24,200 |
| 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 | $6,763 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $591 |
| 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 | $18,732 |
| Total functional expenses | $545,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $507,732 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $507,732 |
| 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 | $507,732 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $507,732 |
Grants Awarded
Over the last fiscal year, Oklahoma Speaker's Ball Inc has awarded $110,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
PAYNE EDUCATION CENTER PURPOSE: GENERAL OPERATING EXPENSES | $50,000 |
J127 MINISTRY INC PURPOSE: GENERAL OPERATING EXPENSES | $10,000 |
J127 MINISTRY INC PURPOSE: GENERAL OPERATING EXPENSES | $10,000 |
MURRAY COUNTY HEALTHCARE FOUNDATION PURPOSE: GENERAL OPERATING EXPENSES | $10,000 |
FOLDS OF HONOR PURPOSE: GENERAL OPERATING EXPENSES | $10,000 |
MIGHTY OAKS FOUNDATION - TULSA PURPOSE: GENERAL OPERATING EXPENSES | $10,000 |