AI Summary
FRIENDS OF THE OKLAHOMA ARTS COUNCIL INC is a nonprofit organization dedicated to fundraising for the acquisition, restoration, and management of artworks within state-owned collections managed by the Oklahoma Arts Council. With an operating budget of $1.4K and total revenue of $46.8K for the filing year 2024, the organization operates primarily in Oklahoma and relies on multiple funders, none of which contribute 50% or more of its revenue. The organization's mission includes serving as a fiscal agent for new art commissions and providing financial and administrative support to the Oklahoma Arts Council.
Mission Statement
The mission of the organization is to fundraise to purchase works of art for state-owned collections under control of the Oklahoma Arts Council; Deaccession, liquidate and/or transfer assets to strengthen quality of collections; Fundraise and utilize funds for expenditures related to the goals and the mission of the Corporation; Contract with the Oklahoma Arts Council for finance and administrative support; Serve as fiscal agent for the commission of new works of art; Fundraise and receive funds for the restoration and/or care and management of collections under the control of the Oklahoma Arts Council.
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is FRIENDS OF THE OKLAHOMA ARTS COUNCIL INC’s budget?
In 2024, FRIENDS OF THE OKLAHOMA ARTS COUNCIL INC reported an annual operating budget of around $1,379. More detailed financial information is available to registered users.
Where does FRIENDS OF THE OKLAHOMA ARTS COUNCIL INC operate?
FRIENDS OF THE OKLAHOMA ARTS COUNCIL INC is headquartered in Oklahoma City, OK.
Who funded FRIENDS OF THE OKLAHOMA ARTS COUNCIL INC recently?
In 2024, FRIENDS OF THE OKLAHOMA ARTS COUNCIL INC received grants from THE ALBERT AND HETE BARTHELMES FOUNDATION INC, FERGESON FAMILY FOUNDATION, and KATHLEEN PATTON WESTBY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant FRIENDS OF THE OKLAHOMA ARTS COUNCIL INC received in 2024?
The largest grant to FRIENDS OF THE OKLAHOMA ARTS COUNCIL INC in 2024 exceeds $10 thousand.