Brightmusic Society Of Oklahoma
- Assets
- $56.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 05/2007
- Data as of
- 06/2022
- EIN
- 20-5593297
Organization Overview
Brightmusic Society Of Oklahoma is located in Oklahoma City, OK. The organization was established in 2007. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brightmusic Society Of Oklahoma 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 06/2022, Brightmusic Society Of Oklahoma generated $59.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $95.1k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SINCE 2003 BRIGHTMUSIC SOCIETY OF OKLAHOMA HAS BROUGHT EXCITING, LIVE CHAMBER MUSIC PERFORMANCES TO OKLAHOMA CITY AUDIENCES. DURING THE 2021-22 FISCAL YEAR, THE ORGANIZATION WAS ABLE TO RETURN TO IN-PERSON CONCERTS FOR 5 REGULAR SEASON EVENTS. EACH SUMMER BRIGHTMUSIC HOLDS A FOUR-CONCERT FESTIVAL. ADDITIONALLY, THE FESTIVAL FOR THE PREVIOUS SEASON WAS POSTPONED UNTIL AUGUST WHICH RESULTED IN TWO FESTIVALS FALLING IN THE CURRENT FISCAL YEAR. WHILE THE AUDIENCES HAVE BEEN SMALLER THAN PRE-COVID LEVELS, THEY HAVE BEEN GROWING THROUGHOUT THE YEAR. AS MEASURED BY INDIVIDUAL DONATIONS, SEASON PASSES AND SINGLE CONCERT TICKET SALES, AUDIENCE SUPPORT HAS CLIMBED TO 55% OF PRE-COVID LEVELS. OUTREACH TO STUDENTS, WHO ARE ADMITTED FREE OF CHARGE, HAS BEEN RESUMED AS WELL DURING THE JUST COMPLETED SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Ackerman Treasurer | 5 | $0 | |
Barbara Klepper Secretary | 5 | $0 | |
David R Johnson President Emeritus | 20 | $0 | |
Edward Knight Director | 1 | $0 | |
Frances P Roach Interim President | 20 | $0 | |
Sara Grossman VP Publicity | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,105 |
| Total Program Service Revenue | $8,390 |
| Membership dues | $0 |
| Investment income | $23 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,518 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,000 |
| Professional fees and other payments to independent contractors | $49,027 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,844 |
| Other expenses | $24,226 |
| Total expenses | $95,097 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,916 |
| Other assets | $0 |
| Total assets | $56,916 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,916 |