Oklahoma Press Association FY2021 filing

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Committed to safeguarding and advancing the newspaper profession in the state of Oklahoma

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
35¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $33K a year · 7% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
35%
of spending
Concern: 35% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
8 mo
of spending, in cash
Plus $449K in investments, Pt X · Ln 11–13
Looks good: 8.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$25K
3% of total assets
Looks good: liabilities are 3% 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
$408K
Spent
$459K
To programs
35%
Net assets
$916K
By yearFY2021–FY2025
Revenue
$408K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$408K
FY2022$440K
FY2023$465K
FY2024$491K
FY2025$492K
Expenses
$459K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$459K
FY2022$465K
FY2023$478K
FY2024$533K
FY2025$527K
Net assets
$916K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$916K
FY2022$840K
FY2023$818K
FY2024$779K
FY2025$756K

From the FY2021 Form 990 (year ending June 2021) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1950.

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

Where the money goes

35 cents of each dollar spent went to programs.

Program services 35% · $159K Management & general 65% · $300K

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

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Oklahoma Press Association 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

Protects and promotes the newspaper profession across Oklahoma.

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3 programs · in their own filed words · FY2020
01

Conventions and clinics to encourage the advancement of journalism,exchange of information and the cooperation of journalism professionals

Pt IX · col B
02

Legal services plan formed for the purpose of arranging group legal counselto those members for the association participating in the plan.

Pt IX · col B
03

Publisher and bulletin to provide information to journalism professionals

Pt IX · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$408K
Ln 12
Gifts and grantsLn 1h$194K
Other incomeLn 4–11$109K
Fees for servicesLn 2g$92K
Money outPt IX
$459K
Ln 25
Programscol B$159K
Managementcol C$300K
Owns and owesPt X
$916K
net assets · Ln 32
Cash and savingsLn 1–2$318K
Total assetsLn 16$941K
LiabilitiesLn 26$25K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$194K
Fees for servicesLn 2g$92K
Investment incomeLn 3$14K
Other incomeLn 4–11$109K
Gains on assetsLn 7$0
Total revenueLn 12$408K
Assets in detailPt X, end of year
CashLn 1$318K
SavingsLn 2$0
Cash and savings togetherLn 1–2$318K
InvestmentsLn 11–13$449K
Land, buildings, equipmentLn 10c$163K
Other assetsLn 15$0
Total assetsLn 16$941K
LiabilitiesLn 26$25K
Net assetsLn 32$916K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderJune
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 FY21End FY21
Cash and savingsLn 1–2$376K$318K
InvestmentsLn 11–13$449K$449K
Land, buildings, equipmentLn 10c$189K$163K
Total assetsLn 16$1.0M$941K
LiabilitiesLn 26$49K$25K
Net assetsLn 32$982K$916K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$261K$62K$199K
Legal feesLn 11b$0
Accounting feesLn 11c$51K$44K$7K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$6K$3K$2K
Office expensesLn 13$24K$720$24K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$26K$26K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$39K$38K$547
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$26K$26K
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$21K$9K$13K
All other expensesLn 24e$5K$2K$3K
Total functional expensesLn 25$459K$159K$300K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $492K$527K−$35K$756K 990 PDF
FY2024 $491K$533K−$42K$779K 990 PDF
FY2023 $465K$478K−$13K$818K 990 PDF
FY2022 $440K$465K−$25K$840K 990 PDF
FY2021 Viewing $408K$459K−$51K$916K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $408,406 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $197,125$193,500
I-9 Program service revenuePrior year $14,242$91,872
I-10 Investment incomePrior year $16,580$13,548
I-11 Other revenuePrior year $92,222$109,486
I-12 Total revenuePrior year $320,169$408,406
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $370,419$459,313
I-18 Total expensesPrior year $370,419$459,313
I-19 Revenue less expensesPrior year −$50,250−$50,907
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 $408,406 across 10 lines filed
VIII-1b Membership dues$193,500
VIII-1h Total contributions, gifts and grants$193,500
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $47,281 · Unrelated business $44,591$91,872
VIII-3 Investment incomeRelated to mission $13,548$13,548
VIII-5 Royalties$0
VIII-6 Net rental income or lossUnrelated business $87,012$87,012
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,972 · Unrelated business $17,502$22,474
VIII-12 Total revenueRelated to mission $65,801 · Unrelated business $149,105$408,406
Part IX · Statement of functional expenses $459,313 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management feesPrograms $62,113 · Management $198,971$261,084
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $44,182 · Management $6,600$50,782
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $3,432 · Management $2,110$5,542
IX-13 Office expensesPrograms $720 · Management $23,546$24,266
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyManagement $26,450$26,450
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $38,216 · Management $547$38,763
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $26,082$26,082
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $8,537 · Management $12,569$21,106
IX-24e All other expensesPrograms $1,838 · Management $3,400$5,238
IX-25 Total functional expensesPrograms $159,038 · Management $300,275 · Fundraising $0$459,313
Part X · Balance sheet $940,683 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $375,642$317,568
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $17,549$11,895
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $188,684$162,602
X-11 Publicly traded securitiesStart of year $449,204$448,618
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,031,079$940,683
X-17 Accounts payable and accrued expensesStart of year $49,482$24,950
X-26 Total liabilitiesStart of year $49,482$24,950
X-27 Net assets without donor restrictionsStart of year $981,597$915,733
X-32 Total net assets or fund balancesStart of year $981,597$915,733
X-33 Total liabilities and net assetsStart of year $1,031,079$940,683
Part XI · Reconciliation of net assets $915,733 net assets at year end
XI-1 Total revenue$408,406
XI-2 Total expenses$459,313
XI-3 Revenue less expenses−$50,907
XI-4 Net assets at start of year$981,597
XI-5 Net unrealized gains (losses) on investments−$14,957
XI-10 Net assets at end of year$915,733

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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