The Freedom Center Of Okc Llc is located in Oklahoma City, OK. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freedom Center Of Okc Llc 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, Freedom Center Of Okc Llc generated $295.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.7%) each year. All expenses for the organization totaled $314.2k during the year ending 12/2023. 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
THE FREEDOM CENTER OF OKC, LLC ENDEAVORS TO EDUCATE, EMPOWER AND ENLIGHTEN OUR NATION TO REFLECT ON THE PAST, PRESENT, AND FUTURE OF THE CIVIL RIGHTS MOVEMENT IN OKLAHOMA, AND TO DEVELOP FACILITIES AND PROGRAMS TO EFFECT THE MISSION OF THE ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ON DECEMBER 10, 2019, THE CITIZENS OF OKLAHOMA CITY VOTED TO PASS MAPS 4, INCLUDING $25 MILLION FOR THE RESTORATION OF THE FREEDOM CENTER BUILDING AND THE CREATION OF A NEW CLARA LUPER CIVIL RIGHTS CENTER.THIS FIVE-ACRE CAMPUS WILL BE CONSTRUCTED IMMEDIATELY ADJACENT TO THE HISTORIC BUILDING, TRANSFORMING THE CITY, STATE AND NATION'S KNOWLEDGE OF OUR CIVIL RIGHTS HISTORY AND POSITIVELY INFLUENCING THE FUTURE OF NORTHEAST OKLAHOMA CITY AND OUR ENTIRE COMMUNITY. WITH EXHIBITION AND PROGRAMMING AREAS, A CAF, WELCOMING CENTER, OUTDOOR AND EVENTS SPACES, THIS NEW CAMPUS WILL BE AN EDUCATIONAL AND COMMUNITY GATHERING PLACE THAT HONORS THE PAST, ENLIGHTENS VISITORS TODAY AND EMPOWERS THE NEXT GENERATION OF LEADERSHIP.SINCE THE PASSAGE OF MAPS 4, THE FREEDOM CENTER BOARD OF DIRECTORS HAS SUCCESSFULLY RAISED PRIVATE FUNDS TO RESTORE THE HISTORIC BUILDING. REMOVING THE FREEDOM CENTER RESTORATION FROM THE MAPS 4 SCOPE OF WORK AND PAYING FOR IT WITH PRIVATE FUNDS ALLOWS US TO GET STARTED SOONER AND RETAIN OWNERSHIP OF THE BUILDING. OUR ARCHITECTURAL TEAM HAS GROWN TO INCLUDE ATELIER CORY HENRY AS LEAD DESIGNER FOR THE RESTORATION, IN PARTNERSHIP WITH BOCKUS PAYNE ARCHITECTURE AS THE ARCHITECT OF RECORD. THUNDER TEAM CONSTRUCTION HAS BEEN HIRED AS OUR CONSTRUCTION MANAGER. WORK IS ANTICIPATED TO BEGIN IN EARLY 2022 AND BE COMPLETED BY FALL 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leonard Benton Board Member | Trustee | 5 | $0 |
Joyce A Henderson Board Member | Trustee | 1 | $0 |
Joyce Jackson Board Member | Trustee | 1 | $0 |
Rev Lee E Cooper Jr Board Member | Trustee | 1 | $0 |
Marilyn Luper-Hildreth Board Member | Trustee | 1 | $0 |
Rev John A Reed Board Member | Trustee | 1 | $0 |
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 | $286,231 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $286,231 |
Total Program Service Revenue | $0 |
Investment income | $9,685 |
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 | $295,916 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $140,533 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $27,931 |
Payroll taxes | $11,307 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,814 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,024 |
Advertising and promotion | $675 |
Office expenses | $15,831 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,000 |
Travel | $7,051 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $46 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,467 |
Insurance | $752 |
All other expenses | $12,384 |
Total functional expenses | $314,194 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $17,887 |
Savings and temporary cash investments | $660,772 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,357 |
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 | $31,410 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $340,743 |
Total assets | $1,052,169 |
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 | $25,000 |
Net assets with donor restrictions | $1,027,169 |
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 | $1,052,169 |