Oklahoma Institute For Ceramic Arts Inc in Mounds, Oklahoma (OK)

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Oklahoma Institute For Ceramic Arts Inc
Employer Identification Number (EIN)680591323
Name of OrganizationOklahoma Institute For Ceramic Arts Inc
In Care of NameGary Schaum
Address1611 W 201st St S, Mounds, OK 74047-5087
SubsectionEducational Organization
Ruling Date07/2005
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$477
Amount of Income$300
Form 990 Revenue Amount$300
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Art Museums


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Amount of income in 2013: $300 (it was $814 in 2012)
Oklahoma Institute For Ceramic Arts Inc: 

 $300
Other organizations performing similar types of work: 

 $85,415

Assets in 2013: $477 (it was $837 in 2012)
This organization: 

 $477
Other organizations performing similar types of work: 

 $116,686

Expenses in 2013: $660
This organization: 

 $660
Other organizations performing similar types of work: 

 $69,526

Income to expenses ratio in 2013: 0.5
This organization: 

 0.5
Other organizations performing similar types of work: 

 1.7

Grants share in income in 2013: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 100.0%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2010201120122013
Total revenue$-954$-600$814$300
Contributions, gifts, grants, and similar amounts received$0$0$814$300
Program service revenue including government fees and contracts$0$0$0$0
Membership dues and assessments$0$0$0$0
Investment income$0$0$0$0
Gain/Loss from sale of assets other than inventory$-954$-600$0$0
Net income/loss from gaming and fundraising events$0$0$0$0
Gross profit/loss from sales of inventory$0$0$0$0
Other revenue$0$0$0$0
Total expenses$0$0$300$660
Total net assets$923$323$837$477
Excess/Deficit for the year$-954$-600$514$-360
Net assets or fund balances at beginning of year$1,877$923$323$837
Other changes in net assets or fund balances$0$0$0$0
Net assets or fund balances at end of year$837$477
Balance Sheets
2010201120122013
Total assets$923$323$837$477
Total liabilities$0$0$0$0
Net assets or fund balances$923$323$837$477
Other Information
2010201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities$0$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$1,114
Subtotal Support$1,114
Gifts, grants, contributions, and membership fees received$1,114
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$1,114
Public Support$1,114
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Shraman South Asian Museum And Learning Center FoundationTwo Lincoln Center, Dallas, TX 75240TX2012-11$21,378,476
2American Museum Of Western Art-The Anschutz Collection1727 Tremont Pl, Denver, CO 80202-4006CO2010-09$13,080,693
3Broad Collection10900 Wilshire Blvd Fl 12, Los Angeles, CA 90024-6548CA2011-05$9,302,568
4New Museum At The Bradford Brinton RanchPO BOX 460, Big Horn, WY 82833-0460WY2012-06$6,938,926
5Museum Of World War Ii Inc46 Eliot St, Natick, MA 01760-6042MA2013-03$4,867,300
6Museum Of Craft And Design2569 3rd St, San Francisco, CA 94107-3112CA2003-09$2,898,809
7International Art Museum Of America1023 Market St, San Francisco, CA 94103-1605CA2010-08$2,046,282
8Westwood Village Improvement Assn10880 Wilshire Blvd Ste 117, Los Angeles, CA 90024-4177CA2001-01$1,176,647
9Shepards Cornerstone Foundation Inc124 Prospect St, Ridgewood, NJ 07450-4406NJ2002-07$1,147,908
10Cedarburg Art Museum IncW63n675 Washington Ave, Cedarburg, WI 53012-1900WI2013-03$1,055,638
11Washington Art ConsortiumWwu Fine Arts Complex 130, Bellingham, WA 98225WA2001-05$995,777
123s Contemporary Arts Space Inc319 Vaughan St, Portsmouth, NH 03801-3747NH2011-03$990,825
13Wall Of America Foundation173 Low Rd, Sharon, CT 06069-2049CT2002-05$800,048
14Gabarron Foundation149 E 38th St, New York, NY 10016-2604NY2014-09$797,384
15The Book Club Of California312 Sutter St Ste 510, San Francisco, CA 94108-4320CA2013-09$790,283
16Artist Incubation Inc421 N Main St, Guymon, OK 73942-4315OK2006-10$75,181
17Oklahoma Institute For Ceramic Arts Inc1611 W 201st St S, Mounds, OK 74047-5087OK2005-07$300
18Five Moons Inc2445 S Peoria Ave, Tulsa, OK 74114-1326OK2004-06$0
19Owens Arts Place Museum Inc1202 E Harrison Avenue, Guthrie, OK 73044-5412OK2005-07$0
20Runnels County Jail House Museum And Fine Arts Center Inc603 W Jackson, Hugo, OK 74743OK2002-10$0
Number of organizations performing similar types of work
Alaska2
Alabama8
Arkansas3
Arizona11
California79
Colorado11
Connecticut7
District of Columbia2
Delaware1
Florida22
Georgia14
Hawaii1
Iowa2
Illinois27
Indiana7
Kansas3
Kentucky5
Louisiana12
Massachusetts17
Maryland8
Maine7
Michigan15
Minnesota11
Missouri15
Mississippi3
Montana4
North Carolina9
North Dakota1
Nebraska3
New Hampshire4
New Jersey10
New Mexico9
Nevada6
New York54
Ohio13
Oklahoma5
Oregon4
Pennsylvania9
Rhode Island2
South Carolina5
Tennessee5
Texas34
Utah3
Virginia9
Vermont2
Washington13
Wisconsin7
West Virginia3
Wyoming4
International2
Total513

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