Tulsa Literary Coalition Inc
- Assets
- $802.5k
- Revenue
- $288.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 10/2016
- Data as of
- 12/2021
- EIN
- 81-0938231
Organization Overview
Tulsa Literary Coalition Inc is located in Tulsa, OK. The organization was established in 2016. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tulsa Literary Coalition Inc 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 12/2021, Tulsa Literary Coalition Inc generated $288.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $122.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE TULSA LITERARY COALITION STRIVES TO FOSTER THE LOVE OF READING AND BOOKS AND TO BRIDGE CULTURAL, ETHNIC, AND RELIGIOUS DIVIDES THROUGH LITERATURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TULSA LITERARY COALITION OPERATES MAGIC CITY BOOKS, A BOOKSTORE THAT OFFERS EXTENSIVE LITERARY PROGRAMS TO THE TULSA COMMUNITY. TLC/MCB COLLABORATES OFTEN WITH OTHER LOCAL NON-PROFITS TO PROVIDE PROGRAMS THAT OFFER A LITERARY COMPONENT ALIGNED WITH THE NEEDS OF OUR PARTNERS. OUR ACCOMPLISHMENTS IN 2021 INCLUDE MAINTAINING STABLE OPERATIONS DURING COVID 19 CONDITIONS; OFFERING OVER 80 LOCAL, NATIONAL AND INTERNATIONAL AUTHORS IN PROGRAMS ACROSS MULTIPLE VIRTUAL PLATFORMS; ALSO, THE OKLAHOMA CENTER FOR NON-PROFITS ANNOUNCED THE SELECTION OF TLC/MCB AS A FINALIST FOR THEIR AWARD FOR NON-PROFIT EXCELLENCE, AN HONOR FOR OUR YOUNG ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Martin President | OfficerTrustee | 3 | $0 |
Susan Mase Vice President | OfficerTrustee | 3 | $0 |
Melissa Sartin Treasurer | OfficerTrustee | 2 | $0 |
Jessica England Secretary | OfficerTrustee | 2 | $0 |
Stephani Franklin Trustee | Trustee | 1 | $0 |
Scott Gregory Trustee | 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 | $180,391 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,391 |
| Total Program Service Revenue | $107,624 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $288,015 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,824 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,175 |
| Advertising and promotion | $0 |
| Office expenses | $2,201 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,233 |
| Total functional expenses | $122,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $502,540 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,000 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $294,949 |
| Total assets | $802,489 |
| Accounts payable and accrued expenses | $15,328 |
| 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 | $15,328 |
| Net assets without donor restrictions | $787,161 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $802,489 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Tulsa Literary Coalition Inc has recieved totaling $49,500.
| Awarding Organization | Amount |
|---|---|
George Kaiser Family Foundation Tulsa, OK PURPOSE: General Operations | $35,000 |
Anne And Henry Zarrow Foundation Tulsa, OK PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Anne And Henry Zarrow Foundation Tulsa, OK PURPOSE: MAGIC CITY BOOKS | $2,500 |
Judith And Jean Adams Charitable Foundation Wichita, KS PURPOSE: COYLE DISCRETIONARY GRANT | $1,000 |
Broadhurst Foundation Tulsa, OK PURPOSE: PROGRAM TO BRIDGE CULTURAL, ETHNIC, AND RELIGIOUS DIVIDES THROUGH LITERATURE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communities In Schools Of El Paso Inc El Paso, TX | $2,674,803 | $5,342,114 |
Small Steps Nurturing Center Houston, TX | $10,410,748 | $6,522,769 |
Turnk The Page Kc Inc Kansas City, MO | $555,932 | $3,146,244 |
Phillips Fundamental Learning Center Inc Wichita, KS | $2,489,354 | $2,705,751 |
Bookspring Austin, TX | $3,307,533 | $2,191,070 |
Ready Readers St Louis, MO | $1,581,585 | $1,585,720 |
Austin Explore Inc Austin, TX | $2,025,825 | $1,630,361 |
Success By 6 Coalition Of Douglas County Lawrence, KS | $182,877 | $1,222,977 |
Catch Up & Read Inc Dallas, TX | $1,980,832 | $917,650 |
Smart Start Central Oklahoma Inc Oklahoma City, OK | $1,312,516 | $1,054,771 |
Tackle Tomorrow Llc Dallas, TX | $245,428 | $769,944 |
Literacy San Antonio Inc San Antonio, TX | $550,781 | $543,394 |