Oklahoma Watch INC

Tax-deductible

Tulsa, OK501(c)(3)Arts & CultureEIN 27-3721498Revenue $1.1M in FY2024

On file with the IRSoklahomawatch.org7030 S Yale Ave Ste 600, 74136-5749 · Tulsa, OKTax-exempt since Nov 2013Publicly supported charity — 170(b)(1)(A)(vi)

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Improve the lives of all oklahomans through investigative and explanatory journalism educates, exposes and inspires change.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
Run by 14 volunteers and 11 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $10K a year · 1% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$132K
to officers and key staff · 16% of spending
Top officer’s pay higher than 56% of similar orgs
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
12
named funders · $913K
Looks good: 12 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$62K
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+37% vs prior year
Spent
$816K
To programs
90%
Net assets
$311K
By yearFY2020–FY2024
Revenue
$1.1M
FY2024▲ +37%
Tap a bar for its year
Revenue by fiscal year
FY2020$818K
FY2021$1.1M
FY2022$726K
FY2023$769K
FY2024$1.1M
Expenses
$816K
FY2024▼ -10%
Tap a bar for its year
Expenses by fiscal year
FY2020$825K
FY2021$813K
FY2022$1.0M
FY2023$908K
FY2024$816K
Net assets
$311K
FY2024▲ +185%
Tap a bar for its year
Net assets by fiscal year
FY2020$284K
FY2021$560K
FY2022$248K
FY2023$109K
FY2024$311K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2013.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $733K Management & general 7% · $56K Fundraising 3% · $27K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $132K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$131,572Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Ted Streuli’s $132K as Executive Director is at the 56th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Ted Streuli$131,572$114,391$122,288$122,288$69,231
David Fritze————$100,826

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Oklahoma Watch INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Investigative journalism educates, exposes, and inspires change to improve Oklahomans' lives.

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Provided by the organization

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1 program · $733K · in their own filed words · FY2024
01

Program Service Accomplishments

Publishing and distributing in-depth and investigative content. - accomplishments: oklahoma watch produced and published numerous pieces of content, including investigative stories, data sets, interactive graphics, still photos and videos.

$733Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 12 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$1.1M
Money outPt IX
$816K
Ln 25
Programscol B$733K
Managementcol C$56K
Fundraisingcol D$27K
Owns and owesPt X
$311K
net assets · Ln 32
Cash and savingsLn 1–2$370K
Total assetsLn 16$373K
LiabilitiesLn 26$62K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Fundraising eventsLn 1c$36K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$370K
Cash and savings togetherLn 1–2$370K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$3K
Total assetsLn 16$373K
LiabilitiesLn 26$62K
Net assetsLn 32$311K
OperationsPt I, VI
EmployeesI 511
VolunteersI 614
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$136K$370K
Land, buildings, equipmentLn 10c$223$0
Total assetsLn 16$154K$373K
LiabilitiesLn 26$45K$62K
Net assetsLn 32$109K$311K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$150K$108K$15K$27K
Other salaries and wagesLn 7$368K$368K
Pension plan contributionsLn 8$20K$20K
Other employee benefitsLn 9$63K$63K
Payroll taxesLn 10$37K$37K
Legal feesLn 11b$450$450
Accounting feesLn 11c$26K$26K
Other fees for servicesLn 11g$5K$5K
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$11K$11K
Information technologyLn 14$159$159
OccupancyLn 16$43K$30K$13K
TravelLn 17$13K$13K
Conferences, conventions and meetingsLn 19$2K$2K
Depreciation, depletion and amortizationLn 22$223$223
InsuranceLn 23$8K$7K$2K
Other expenses (24a–d)Ln 24$63K$63K
All other expensesLn 24e$846$846
Total functional expensesLn 25$816K$733K$56K$27K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.1M$816K$234K$311K 990 PDF
FY2023 $769K$908K−$139K$109K 990 PDF
FY2022 $726K$1.0M−$312K$248K 990 PDF
FY2021 $1.1M$813K$276K$560K 990 PDF
FY2020 $818K$825K−$7K$284K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $1,050,056 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $765,911$1,058,462
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $2,810−$8,406
I-12 Total revenuePrior year $768,721$1,050,056
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $721,083$637,473
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $186,699$178,735
I-18 Total expensesPrior year $907,782$816,208
I-19 Revenue less expensesPrior year −$139,061$233,848
Part VI · Governance 10 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,050,056 across 5 lines filed
VIII-1c Fundraising events$36,463
VIII-1f All other contributions, gifts and grants$1,021,999
VIII-1h Total contributions, gifts and grants$1,058,462
VIII-8 Net income from fundraising eventsExcluded from tax −$8,406−$8,406
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$8,406$1,050,056
Part IX · Statement of functional expenses $816,208 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $108,083 · Management $15,011 · Fundraising $27,021$150,115
IX-7 Other salaries and wagesPrograms $367,724$367,724
IX-8 Pension plan contributionsPrograms $20,486$20,486
IX-9 Other employee benefitsPrograms $62,634$62,634
IX-10 Payroll taxesPrograms $36,514$36,514
IX-11b Legal feesManagement $450$450
IX-11c Accounting feesManagement $26,210$26,210
IX-11g Other fees for servicesPrograms $4,987$4,987
IX-12 Advertising and promotionPrograms $5,396$5,396
IX-13 Office expensesPrograms $11,344$11,344
IX-14 Information technologyPrograms $159$159
IX-16 OccupancyPrograms $30,115 · Management $12,906$43,021
IX-17 TravelPrograms $13,174$13,174
IX-19 Conferences, conventions and meetingsPrograms $2,137$2,137
IX-22 Depreciation, depletion and amortizationPrograms $223$223
IX-23 InsurancePrograms $6,572 · Management $1,643$8,215
IX-24 Other expenses (24a–d)Programs $62,573$62,573
IX-24e All other expensesPrograms $846$846
IX-25 Total functional expensesPrograms $732,967 · Management $56,220 · Fundraising $27,021$816,208
Part X · Balance sheet $372,979 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $135,793$369,818
X-4 Accounts receivableStart of year $15,580$580
X-10c Land, buildings and equipment, netStart of year $223$0
X-15 Other assetsStart of year $2,581$2,581
X-16 Total assetsStart of year $154,177$372,979
X-17 Accounts payable and accrued expensesStart of year $45,151$61,786
X-26 Total liabilitiesStart of year $45,151$61,786
X-32 Total net assets or fund balancesStart of year $109,026$311,193
X-33 Total liabilities and net assetsStart of year $154,177$372,979
Part XI · Reconciliation of net assets $311,193 net assets at year end
XI-1 Total revenue$1,050,056
XI-2 Total expenses$816,208
XI-3 Revenue less expenses$233,848
XI-4 Net assets at start of year$109,026
XI-8 Prior period adjustments−$31,681
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$311,193

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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