Oklahoma City Advertising Club
- Assets
- $339.1k
- Revenue
- $55.1k
- Investments
- $257.4k
- Employees
- 1
- Location
- Oklahoma City, OK
- Founding
- 08/1976
- Data as of
- 04/2023
- EIN
- 73-0986183
Organization Overview
Oklahoma City Advertising Club is located in Oklahoma City, OK. The organization was established in 1976. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma City Advertising Club is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 04/2023, Oklahoma City Advertising Club generated $55.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $73.2k during the year ending 04/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENCOURAGE IMPROVEMENT IN ALL PHASES OF ADVERTISING. EDUCATE EVERYONE CONCERNING THE VITAL ROLE ADVERTISING PLAYS IN OUR SOCIAL AND ECONOMIC LIFE. CENSURE THOSE WHO USE ADVERTISING DISHONESTLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A NATIONAL CONTEST IS HELD AMONG PROFESSIONAL ADVERTISERS TO ENCOURAGE IMPROVEMENT IN ALL PHASES OF ADVERTISING AND TO HELP ALL WHO WOULD IMPROVE ADVERTISING AS A MARKETING AND COMMUNICATIONS TOOL.
MONTHLY CLUB LUNCHEONS ARE HELD TO EDUCATE EVERYONE ABOUT THE VITAL ROLE ADVERTISING PLAYS IN THE SOCIAL AND ECONOMIC LIFE OF THE COMMUNITY.
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 |
|---|---|---|---|
Michele Boatman Executive Tr | Officer | 15 | $12,000 |
Alison Abbott Director | Trustee | 1 | $0 |
Lisa Brown Director | Trustee | 1 | $0 |
Ray Claxton Director | Trustee | 1 | $0 |
Casey Farmer Director | Trustee | 1 | $0 |
Taylor Hanska Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,730 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,730 |
| Total Program Service Revenue | $4,877 |
| 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 | $41,786 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $55,074 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $12,000 |
| Compensation of current officers, directors, key employees. | $12,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,639 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $600 |
| 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 | $1,271 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,747 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,065 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $841 |
| All other expenses | $13,788 |
| Total functional expenses | $73,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,380 |
| Savings and temporary cash investments | $19,301 |
| 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 | $257,411 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $339,092 |
| 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 | $339,092 |
| Total liabilities and net assets/fund balances | $339,092 |