Ralph Ellison Foundation FY2020 filing

Tax-deductible

Oklahoma City, OK501(c)(3)Arts & CultureEIN 46-4307782

The Ralph Ellison Foundation connects communities, shapes culture, and shifts perspectives through literature, legacy, and the arts.

501(c)(3) charity; gifts are tax-deductible.
22¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2022
latest Form 990
IRS e-file · Filing history
Is it financially stable?
2 of 3
years in the black
Pt I · Ln 19 · 3 filings
How much reaches the programs?
22%
of spending
Pt IX · Ln 25 · col B
Do they have reserves?
5 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $30
Funders’ Sch. I, 990-PF
Do they carry debt?
$0
liabilities
Pt X · Ln 26
Who oversees it?
13
independent of 13 voting board members
Pt VI · Ln 1a–1b
Revenue
$87K
Spent
$94K
To programs
22%
Net assets
$37K
By yearFY2020–FY2022
Revenue
$87K
FY2020
Revenue by fiscal year
FY2020$87K
FY2021$66K
FY2022$99K
Expenses
$94K
FY2020
Expenses by fiscal year
FY2020$94K
FY2021$60K
FY2022$68K
Net assets
$37K
FY2020
Net assets by fiscal year
FY2020$37K
FY2021$43K
FY2022$74K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Last filed FY2022 — 4 yrs ago
Legal name (IRS)Hdr · item CRalph Ellison Foundation
EINHdr · item D46-4307782
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 2014
Latest filingForm 990FY2022 · Form 990
Principal addressHdr · item COklahoma City, OK
NTEE classificationIRS BMFArts & Culture (A20)
WebsiteHdr · item Jwww.ralphellisonfoundation.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.22 Management & general $0.56 Fundraising $0.21
Program services22%$21K
Management & general56%$53K
Fundraising21%$20K
Total functional expensesLn 25$94K

Financial health

Is it on solid ground?

Program efficiency
22%
of spending reaches programs
Operating runway
4.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$37K
FY2020
Total assets by fiscal year
FY2020$37K
FY2021$43K
FY2022$74K
Total liabilities
$0
FY2020
Total liabilities by fiscal year
FY2020$0
FY2021$0
FY2022$0
Revenue less expensesPt I · Ln 19−$7K
Total assetsPt X · Ln 16$37K
Program-expense ratioPt IX · col B22%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413

Balance Sheet

Part X · end of year
CashLn 1$37K
Total assetsLn 16$37K
Total liabilitiesLn 26$0
Total net assetsLn 32$37K
Months of cash on handcomputed4.7

Statement of Revenue

Part VIII
Contributions & grants100%$87K
Total revenueLn 12$87K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $37K · Operating expenses/yr $94K
4.7 months
Where the money goes
Program services
Program services $21K · Total expenses $94K
22%
Management & General
Management & general $53K · Total expenses $94K
56%
Fundraising
Fundraising $20K · Total expenses $94K
21%
Cost to raise $1
Fundraising expense $20K · Solicited contributions $87K
$0.23 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $87K · Total revenue $87K
100%
Government reliance
Government grants — · Total revenue $87K
—
Earned-income share
Program service revenue $0 · Total revenue $87K
0%
Investment reliance
Investment income $0 · Total revenue $87K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $94K
0%
Growth & trend
Revenue growth (YoY)
This year $87K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $37K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $87K · Expenses $94K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $37K
—
Net-asset ratio
Net assets $37K · Total assets $37K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $37K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Marguerita L Shaw · Reported title Board Member · Highest reported compensation $0 · Total expenses $94K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $94K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 22%——
Overhead ratio 56%——
Fundraising cost ratio 23%——
Accounting fee ratio 0.7%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
See Ralph Ellison Foundation executive salaries →

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Governance & Policies

Part VI
  • 13Voting board membersPt VI · Ln 1a
  • 13Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Connects communities, shapes culture, and shifts perspectives through literature, legacy, and the arts.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

2 program services account for $21K of program spending, described in the organization's own filed words · FY2020.
01

Through our community relations and the recognition of telling the stories of marginalized communities of the past, we provided a seed funding award to Tulsa Burning: The 1921 Race Massacre documentary executive produced by NBA superstar and philanthropist Russell Westbrook, and directed by Peabody and Emmy-Award winning director Stanley…

$20Kprogram expense
02

Our Creative Writing Workshops have showcased some of the most talented writers, poets, and scholars in Oklahoma. Adults and student attendees continue to improve their writing skills. They are exposed to multiple genres in our workshops and many have gone on to write their own book.

$1Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$30
Grants paid · 1 grant · $20K · 2020–2020
Tulsa Burning 1921 LLCFY2020$20,000

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2022 Latest $99K$68K+51% 990 PDF
FY2021 $66K$60K-25% 990 PDF
FY2020 Viewing $87K$94K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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