Jim And Mary Barnes Foundation
- Assets
- $2.4m
- Revenue
- $99.5k
- Investments
- $2.3m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 05/1998
- Data as of
- 12/2022
- EIN
- 31-1591203
Organization Overview
Jim And Mary Barnes Foundation is located in Tulsa, OK. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jim And Mary Barnes Foundation 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 12/2022, Jim And Mary Barnes Foundation generated $99.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $176.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jim And Mary Barnes Foundation has awarded 55 individual grants totaling $909,270. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A - THE JIM AND MARY BARNES FOUNDATION IS A NON-OPERATING PRIVATE FOUNDATION WHICH MAKES GIFTS TO CHARITABLE ORGANIZATIONS.
ANY FACILITY OR INSTITUTION UNDERTAKING A CHARITABLE, EDUCATION, OR RELIGIOUS ENDEAVOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary M Barnes Trustee | 0 | $0 | |
Lori H Markes Trustee | 0 | $0 | |
Kristos P Kever Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,200 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $86,731 |
| Capital Gain Net Income | $86,731 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,580 |
| Total Revenue | $99,511 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,829 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,389 |
| Total operating and administrative expenses | $8,218 |
| Contributions, gifts, grants paid | $168,360 |
| Total expenses and disbursements | $176,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,844 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,149,259 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,352,571 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $20,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,000 |
Grants Awarded
Over the last fiscal year, Jim And Mary Barnes Foundation has awarded $168,360 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ANNIE OAKLEY SOCIETY PURPOSE: UNRESTRICTED USE BY CHARITABLE ENTITY | $9,760 |
SISTEMA PURPOSE: UNRESTRICTED USE BY CHARITABLE ENTITY | $10,000 |
ENID SYMPHONY ORCHESTRA ASSOCIATION PURPOSE: UNRESTRICTED USE BY CHARITABLE ENTITY | $5,000 |
FIRST UNITED METHODIST CHURCH ENID PURPOSE: UNRESTRICTED USE BY CHARITABLE ENTITY | $5,000 |
FIRST UNITED METHODIST CHURCH PURPOSE: UNRESTRICTED USE BY CHARITABLE ENTITY | $20,000 |
MIKE ATKINS TEACHING MINISTRY PURPOSE: UNRESTRICTED USE BY CHARITABLE ENTITY | $15,000 |