MEMNON GRANTED OMB No . 1545-0047 Form 990 Return of Organization Exempt From Income Tax Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black 2004 lung benefit trust or private foundation) 9en #4 Public Department of the Treasury Internal Revenue Service The organization may have to use a copy of this return to satisfy state reporting reqwrer 1I1"4tlof# A For the 2004 calendar year, or tax year beginning , 2004, and ending 20 B Check if applicable Please C Name of organization D Employer Identification number use IRS Address change label or KLAHOMA ARTS INSTITUTE 73-1021165 P box if not delivered to street address) Name change print Of Number and street (or .O. mail is suQte~ E Telephone number Initial return See 105 NORTH HUDSON, SUITE 101 (405)319-9019 Final return Specific City or town, state or country, and ZIP + 4 F Acctg. method : u Cash Accrual I nstruc - N nmendedreturn 16 lions. KLAHOMA CITY OK 73102 11 Other (specify) Application pending 9 Section 501(c)(3) organizations and 4947(a)(1) nonexempt H & I are not applicable to section 527 organizations . charitable trusts must attach a completed Schedule A Is this a group return for affiliates? ~ Yes NO (Form 990 or 990-E~. H(a) 9 G Webslte: PP. N/A H(b) If"Yes,"enter number of affiliates J Organization type (checkonlyone) " 501(C)(3 )-4 (insertno.) 4947(a)(7)Of 527 Areal l affiliates included? Ye3 NO (If "No," attach a list. See instructions.) K Check here jo. if the organization's gross receipts are normally not more than H(d) Is this a separate return filed by an $25,000. The organization need not file a return with the IRS; but if the organization ~.,o.o,I h., a . .1-1 n Yes 5d No received a Form 990 Package in the mad, it should file a return without financial data. Some states require a complete return . I Group Exemption Number M Check " u if organization is not required to L Gross receipts : Add lines 6b, 8b, 9b, and 10b to line 12 jo 1,645,535 attach Sch. B (Form 990, 990-EZ, or 990-PF) . dart t Revenue, Expenses, and Changes in Net Assets or Fund Balances see instructions.) 1 Contributions, gifts, grants, and similar amounts received : a Direct public support . la 564,312 b Indirect public support . 1b c Government contributions (grants) . 1c 508,332 d Total (addlines 1 athrough 7c) (cash $ l, 060, 138 noncash $ 12,506 ) id 1,072,644 2 Program service revenue including government fees and contracts (from Pan VII, line 93) . 2 120,067 3 Membership dues and assessments . 3 4 Interest on savings and temporary cash investments . 4 5 Dividends and interest from securities . 5 129,485 6a Gross rents . 6a b Less : rental expenses . 6b c Net rental income or (loss) (subtract line 6b from line 6a) . 6c 7 Other investment income (describe P. See attachment #1 7 323,339 8a Gross amount from sales of assets other (A) Securities (B) Other E than inventory . 8a E b Less : cost or other basis & sales expenses 8b c Gain or (loss) (attach schedule) . 8c d Net gain or (loss) (combine line 8c, columns (A) and (B)). 8d 9 Special events and activities (attach schedule) . If any amount is from gaming, check here p. Q a Gross revenue (not including $ of contributions re . 9a b Less : erect e ~ I h ~ r f expenses . 9b c Net inc me o °- m special~~ e ~s, en ° btract line 9b from line 9a) . 9c 10a Gross s les f inry~let r~ a I wances . 10a 614 b Less :co o of . Ir . 10b c Gross pr ftt (lo ofp1I1 ntory ttach schedule) (subtract line 10bfrom line 10a) 10c 11 Other rev nue( ~ ~1 . 11 12 Total rev ue , 2, 3, 4, 5, 6c, 7, 8d, 9c, 10c, and 11) . 12 1,645,535 E 13 Program sees cirv (from line 44, column (B)) . 13 1,215,175 X p 14 Management and general (from line 44, column (C)) . 14 152,456 15 Fundraising ( from line 44, column ( D )) . 15 128 ,419 S 16 Payments to affiliates (attach schedule) . 76 g 17 Total expenses (add lines 16 and 44, column (A)) . 17 1,496,050 A 18 Excess or (deficit) for the year (subtract line 77 from line 12) . 18 149,485 E S 19 Net assets or fund balances at beginning of year (from line 73, column (A)). 19 6 , 500,904 T E 20 Other changes in net assets or fund balances (attach explanation) . 20 T S 21 Net assets or fund balances at end of year (combine lines 18, 19, and 20) . 21 6 , 650,389 For Privacy Act and Paperwork Reduction Act Notice, see the separate Instructions . Form 990 (2004) ,/~ n JVA 4 99012 TWF12281 Copyright Forms (SoftwareOnly)-2004TW II cA Form sso(2ooa) OKLAHOMA ARTS INSTITUTE 73-1021165 Page 2 Statement of All organizations must complete column A) Columns (B), (C), and (D) are required for section 501(c)(3) and (4) organizations and section 4947(1 (1) nonexempt charitable trusts but optional for others. (See Functional Expenses instructions.) rruyrarn () management p Do not include amounts rep orted online 6b, 8b, 9b, 10b, or 76 of Part I . (A) Total (B) services C and eneral 22 Grants and allocations (attach schedule) . (cash $ noncash $ ) 22 23 Specific assistance to individuals (attach schedule) 23 24 Benefits paid to or for members (attach schedule) . 24 25 Compensation of officers, directors, etc . 25 93,500 56,100 22,440 14,960 26 Other salaries and wages . 26 256,169 170,096 31,766 54,307 27 Pension plan contributions . 27 12, 107 8, 039 1, 514 2,554 2s Other employee benefits . 2s 48, 196 17,386 7, 964 22,846 2s Payroll taxes . 2s 29, 574 19, 618 3, 693 6,263 30 Professional fundraising fees . 30 31 Accounting fees , . ., . , . 31 32 Legal fees . 32 33 Supplies . 33 54, 708 51, 318 3, 111 279 34 Telephone . . . ., . , 34 9,481 4, 936 2, 995 1,550 35 Postage and shipping . 35 17, 614 11, 455 3, 414 2,745 3s Occupancy . . 36 50, 808 30, 308 10, 760 9,740 37 Equipment rental and maintenance . 37 20, 153 8,860 10,959 334 38 Printing and publications . 38 30, 313 28, 288 165 1,860 39 Travel . ., . ., 39 38,670 34,485 2,945 1,240 40 Conferences, conventions, and meetings . 40 11, 658 5,244 6,285 41 Interest . 41 859 859 42 Depreciation, depletion, etc. (attach schedule) , . #.3 42 113,436 111,787 824 825 Other expenses not covered 43 above (itemize), a ACCOU11t1T1g & 438 17 ~, 165 17 ,i 165 b Advertising & Pub . Serv asb 10,454 10,454 c Consulting & K Labor aac 25,180 16,789 4,785 3,606 d Equipment Maintenance asd 1,963 1,125 838 e See attachment 8 43e 654,042 628,887 19,974 44 Total functional expenses add moss zz through as>. Organizations completing columns (B)-(D~, carry these totals to lines 13-15 . 44 1, 496, 050 1, 215, 175 152,456 128,419 Joint Costs. Check " u if you are following SOP 98-2. Are any point costs from a combined educational campaign and fundraising solicitation reported in (B) Program services? . , t F]Yes KI-I No If "Yes," enter (I) aggregate amount of these point costs $ ; (II) the amount allocated to Program services $ (III) the amount allocated to Management and general $ ; and (Iv) the amount allocated to Fundraismg$ Pert III Statement of Program Service Accomplishments see instructions.) p. ion in Arts What is the organization's primary exempt purpose?. Educat the txpenses (Required All organizations must describe their exempt purpose achievements in a clear and concise manner. State the number of clients for 501(c)(3) & (4) orgs ., served publications issued, etc. Discuss achievements that are not measurable. (Section 501(c)(3) and (4) organizations and & asa7(a)(i) crusts, tut 4947(aj~1) nonexempt charitable trusts must also enter the amount of grants and allocations to others .) optional for others .) a The Institute provides Oklahoma students and teachers with the opportunity to engage in intensive studies in their chos are of visual, literary, or performing arts under the direc- tion Of a world class f3CUltY . (Grants and allocations $ ) 215,175 b (Grants and allocations $ ) c (Grants and allocations $ ) d (Grants and allocations $ ) e Other program services (attach schedule) (Grants and allocations $ ) f Total of Program Service Expenses (should equal line 44, column (B), Program services) . " 1,215,175 JVA 4 99012 TWF12282 Copyright Forms (Software0nly)-2004TW Form 990 (2004) Form 990.(2004) OKLAHOMA ARTS INSTITUTE 73-1021165 Page 3 Rah ~1l Balance Sheets (See Specific Instructions.) Note: Where required, attached schedules and amounts within the description (A) (13) column should be for end-of-year amounts only . Beginning of year End of year 45 Cash -- non-interest-bearing . 17,832 45 150,132 46 Savings and temporary cash investments . 227,333 46 34,583 47a Accounts receivable . 47a b Less : allowance for doubtful accounts . 47b 47c 48a Pledges receivable . 48a 213,664 b Less : allowance for doubtful accounts . 48b 13,510 182,351 48c 200,154 49 Grants receivable . 49 15,000 50 Receivables from officers, directors, trustees, and key employees (attach schedule) . so 51a Other notes and loans receivable (attach schedule) . ., . ., . ., . 51a S g b Less : allowance for doubtful accounts . Sib Sic 52 Inventories for sale or use 960 52 960 g 53 Prepaid expenses and deferred charges .