Oklahoma Museums Association
- Assets
- $317.2k
- Revenue
- $348.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Oklahoma City, OK
- Founding
- 11/1976
- Data as of
- 06/2024
- EIN
- 73-1004791
Organization Overview
Oklahoma Museums Association is located in Oklahoma City, OK. The organization was established in 1976. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2024, Oklahoma Museums Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Museums Association 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 06/2024, Oklahoma Museums Association generated $348.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $373.2k during the year ending 06/2024. While expenses have increased by 4.6% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER OKLAHOMA MUSEUMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OKLAHOMA MUSEUMS ASSOCIATION (OMA) IS THE PRIMARY PROVIDER OF PROFESSIONAL TRAINING AND TECHNICAL INFORMATION TO STAFF AND VOLUNTEERS OF OKLAHOMA'S 500 PLUS MUSEUMS, HISTORICAL SOCIETIES, HISTORIC SITES, ZOOS AND BOTANICAL GARDENS, HISTORIC HOUSES, LIVING HISTORY MUSEUMS, TRIBAL CULTURAL CENTERS AND OTHER MUSEUM RELATED INSTITUTIONS. OMA SUPPORTS MUSEUMS BY: 1) DEVELOPING RESOURCES TO FULFILL THE MISSION; 2)BUILDING NETWORKS AMONG MEMBERS AND MEMBER INSTITUTIONS AS WELL AS WITH VARIOUS PUBLICS; 3) ENCOURAGING PUBLIC AWARENESS OF THE EXISTENCE, PURPOSES, AND VALUE OF MUSEUMS; 4) PROMOTING PROFESSIONAL GROWTH AMONG MUSEUM EMPLOYEES AND VOLUNTEERS; 5) PROVIDING PROFESSIONAL SERVICES TO OKLAHOMA MUSEUMS; AND 6) ADVOCATING ON BEHALF OF MUSEUMS. OMA OFFERS A VARIETY OF WORKSHOPS, SEMINARS AND AN ANNUAL CONFERENCE; QUARTERLY NEWSLETTER MUSENEWS; WEBSITE WWW.OKMUSEUMS.ORG; OFFICE REFERRALS/CONSULTATIONS; MUSEUM REFERENCE LENDING LIBRARY CONTAINING MORE THAN 350 BOOKS; PROFESSIONAL INTEREST NETWORKS; ANNUAL AWARDS PROGRAM; JOB OPPORTUNITY POSTING; SCHOLARSHIPS; RESUME REVIEW; ONLINE MUSEUM DIRECTORY; MX NETWORKING EVENTS; CONFERENCE MENTOR PROGRAM; DISCOUNT PROGRAMS; GRANT PROPOSAL REVIEW; DISASTER RESPONSE TEAM; ADVOCACY; AND SERVICE AS A LIAISON TO PROFESSIONAL ASSOCIATIONS AND REPRESENTATION REGARDING ISSUES OF CONCERN TO THE OKLAHOMA MUSEUM COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Granger Exec Directo | Officer | 40 | $61,532 |
Bill Bryans Director | Trustee | 1 | $0 |
Susan Buchanan Director | Trustee | 1 | $0 |
Ken Busby President | OfficerTrustee | 1 | $0 |
Lauren Daughety Director | Trustee | 1 | $0 |
David Davis Director | 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 | $230,574 |
| Noncash contributions included in lines 1a–1f | $90,576 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $230,574 |
| Total Program Service Revenue | $108,851 |
| Investment income | $5,528 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,720 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $348,563 |
| 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. | $89,345 |
| Compensation of current officers, directors, key employees. | $8,934 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $58,498 |
| Pension plan accruals and contributions | $1,668 |
| Other employee benefits | $18,029 |
| Payroll taxes | $9,543 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,452 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $65,480 |
| Office expenses | $11,410 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $549 |
| Travel | $8,940 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $39,169 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,337 |
| Insurance | $0 |
| All other expenses | $13,954 |
| Total functional expenses | $373,234 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,622 |
| Savings and temporary cash investments | $131,581 |
| 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 | $4,829 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $78,152 |
| Total assets | $317,184 |
| 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 | $3,683 |
| Total liabilities | $3,683 |
| Net assets without donor restrictions | $275,361 |
| Net assets with donor restrictions | $38,140 |
| 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 | $317,184 |