The Albert And Hete Barthelmes
- Assets
- $5.0m
- Revenue
- $393.6k
- Investments
- $4.4m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 11/1993
- Data as of
- 12/2023
- EIN
- 73-1423086
Organization Overview
The Albert And Hete Barthelmes is located in Tulsa, OK. The organization was established in 1993. 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. Albert And Hete Barthelmes 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 12/2023, Albert And Hete Barthelmes generated $393.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $691.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Albert And Hete Barthelmes has awarded 73 individual grants totaling $2,754,701. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $54,700 |
| Dividends & Interest | $183,759 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $155,137 |
| Capital Gain Net Income | $155,137 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $393,596 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,000 |
| Other employee salaries and wages | $29,903 |
| Pension plans, employee benefits | $0 |
| Interest | $1,241 |
| Taxes | $10,954 |
| Depreciation | $2,364 |
| Occupancy | $21,705 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30,168 |
| Total operating and administrative expenses | $233,624 |
| Contributions, gifts, grants paid | $457,351 |
| Total expenses and disbursements | $690,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $350 |
| Savings and temporary cash investments | $414,541 |
| Net Accounts receivable | $2,516 |
| 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 | $1,998 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $426,654 |
| Net Land, buildings, and equipment | $8,652 |
| Other assets | $190,378 |
| Total assets | $4,975,104 |
| Accounts payable and accrued expenses | $788 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $788 |
Grants Awarded
Over the last fiscal year, The Albert And Hete Barthelmes has awarded $457,351 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CLAREHOUSE INC PURPOSE: GENERAL OPERATIONS | $10,000 |
IRON GATE PURPOSE: 90 KIDS PACKS | $500 |
OKLAHOMA ARTS INSTITUTE PURPOSE: OSAI SUMMER SCHOLARSHIPS | $10,000 |
RED DIRT RELIEF FUND PURPOSE: GENERAL OPERATIONS | $60,000 |
THE TULSA ARTS MANAGEMENT CONSORTIUM INC PURPOSE: GENERAL OPERATIONS | $250,000 |
PHILBROOK MUSEUM OF ART PURPOSE: CREATIVE OPPORTUNITIES FUND | $11,000 |