Fab Lab Tulsa Inc

EIN: 300638130 501(c)(3) Arts, Culture & Humanities

Tulsa, OK

Total Revenue
$431,587
Total Expenses
$448,068
Total Assets
$1,984,058
Net Assets
$1,706,880
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
OK
Phone
9187796025
Tax Period
2024-07-01 to 2025-06-30

Fab Lab Tulsa Inc, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $432K in total revenue in fiscal year 2024. Revenue surged 122% from the prior year, signaling strong growth momentum. Net assets of $1.7M represent 47 months of operating reserves.

Mission

The mission of Fab Lab Tulsa is to empower our community by providing education, community, workforce, and business programming that teaches innovation, design-thinking, problem-solving and change-making, together with open access to 21st Century digital fabrication tools, equipment, and technology.

Program Service Accomplishments

Program 1
Expenses: $164,875 Revenue: $39,750

EDUCATION: THE K-20 EDUCATION PROGRAM AT FAB LAB TULSA ENABLES EDUCATORS TO INTRODUCE AND ILLUSTRATE A VARIETY OF ENGINEERING DISCIPLINES, INCLUDING MECHANICAL, ELECTRICAL, CHEMICAL, AND STRUCTURAL...

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EDUCATION: THE K-20 EDUCATION PROGRAM AT FAB LAB TULSA ENABLES EDUCATORS TO INTRODUCE AND ILLUSTRATE A VARIETY OF ENGINEERING DISCIPLINES, INCLUDING MECHANICAL, ELECTRICAL, CHEMICAL, AND STRUCTURAL ENGINEERING, AS WELL AS COMPUTER SCIENCE, MATH, AND ART. ADDITIONALLY, STUDENTS LEARN HOW TO ENVISION, DESIGN, BUILD, TEST AND REFINE THEIR IDEAS THROUGH HANDS-ON EXPERIENCE WITH 2D AND 3D DESIGN SOFTWARE AND DIGITAL FABRICATION TOOLS. WHEN USING TECHNOLOGY IN EDUCATION, THE KEY IS TO ENHANCE THE CONCEPTS BEING TAUGHT. EDUCATIONAL PROGRAMS AT FAB LAB TULSA FOCUS ON BUILDING SKILLS IN CORE SUBJECTS, SUCH AS MATH AND SCIENCE, AS WELL AS APPLIED PROBLEM-SOLVING, CRITICAL THINKING AND CREATIVITY, ALL OF WHICH ARE CRITICALLY IMPORTANT IN THE MODERN ECONOMY. IN 2025, FAB LAB TULSA REACHED 3,122 STUDENTS. EDUCATION PROGRAMMING OFF-SITE AT SCHOOL LOCATIONS. FOURTH- THROUGH 12TH-GRADE EDUCATION PROGRAMMING, PARTICULARLY IN TULSA PUBLIC SCHOOLS, HAS SEEN A SHIFT TO AFTER-SCHOOL EXPANDED LEARNING TIME SINCE THE PANDEMIC. (CONTINUED ON SCHEDULE O)

Program 2
Expenses: $79,140 Revenue: $34,566

MEMBER: AS A COMMUNITY CENTER, FAB LAB TULSA IS A RESOURCE FOR LOCAL TECHNOLOGY ENTHUSIASTS WHO SPAN A BROAD SPECTRUM: FROM HOBBYIST AND TINKERERS, TO ARTISTS AND DESIGNERS, TO ENGINEERS AND...

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MEMBER: AS A COMMUNITY CENTER, FAB LAB TULSA IS A RESOURCE FOR LOCAL TECHNOLOGY ENTHUSIASTS WHO SPAN A BROAD SPECTRUM: FROM HOBBYIST AND TINKERERS, TO ARTISTS AND DESIGNERS, TO ENGINEERS AND SCIENTISTS, TO ENTREPRENEURS AND BUSINESSES. INDIVIDUAL MEMBERS WITH CREATIVE IDEAS BRING THEM TO FRUITION WITH THE LAB'S EQUIPMENT AND TOOLS. PROGRAMMING FOR INDIVIDUAL MEMBERS INCLUDES ENTRY-LEVEL AND ADVANCED CLASSES TO TRAIN AND CERTIFY THEM IN THE VARIOUS SKILLS REQUIRED TO USE THE FACILITY AND EQUIPMENT WITHOUT SUPERVISION. IN 2025, FAB LAB TULSA HAD 1,222 COMMUNITY MEMBERSHIPS, SOME OF WHICH ARE FAMILY MEMBERSHIPS COMPRISED OF MULTIPLE INDIVIDUALS, INCLUDING CHILDREN UNDER THE AGE OF EIGHTEEN. THESE MEMBERSHIPS REPRESENTED TWENTY-SIX UNIQUE ZIP CODES. IN FACT, MEMBERS TRAVELLED FROM AS FAR AWAY AS OKLAHOMA CITY; WICHITA, KANSAS; SPRINGFIELD, MISSOURI AND BENTONVILLE, ARKANSAS TO UTILIZE THE LABS RESOURCES. THE TOTAL NUMBER OF VISITORS TO THE LAB IN 2025 WAS 36,714. MEMBERSHIP AND VISITOR RATES GREW SLIGHTLY FROM THE PREVIOUS YEAR.

Program 3
Expenses: $6,595 Revenue: $6,049

BUSINESS: FAB LAB TULSA IS A HUB FOR INVENTORS AND PROVIDES ENTREPRENEURS AND BUSINESSES WITH A HIGH-QUALITY, LOW-COST, LOW-RISK METHOD OF RAPID PROTOTYPING AND MICRO-MANUFACTURING NEW PRODUCTS. THE...

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BUSINESS: FAB LAB TULSA IS A HUB FOR INVENTORS AND PROVIDES ENTREPRENEURS AND BUSINESSES WITH A HIGH-QUALITY, LOW-COST, LOW-RISK METHOD OF RAPID PROTOTYPING AND MICRO-MANUFACTURING NEW PRODUCTS. THE OBJECTIVE IS TO FOSTER ENTREPRENEURSHIP AND ECONOMIC DEVELOPMENT, AS WELL AS ENCOURAGE START-UP COMPANIES TO GROW BOTH WITHIN AND BEYOND THE LAB. BUSINESS AND INDUSTRY MEMBERS RECEIVE EXTENSIVE TECHNICAL ASSISTANCE IN USING LAB EQUIPMENT AND SOFTWARE DESIGN APPLICATIONS, AS WELL AS ACCESS TO PROGRAMS THAT SUPPORT THEIR LEGAL AND INTELLECTUAL PROPERTY NEEDS. IN 2025, FAB LAB TULSA HAD 61 ENTREPRENEURS AND BUSINESS PARTICIPANTS IN THE FOLLOWING CATEGORIES: GARMENT/ACCESSORY/JEWELRY, CONSUMER ELECTRONICS, ART, FOOD/BEVERAGE, RAPID PROTOTYPING/DESIGN/CONSULTING, ARCHITECTURE, SMALL/LOCAL BUSINESS SUPPORT, INDUSTRIAL, FURNISHINGS, AIRCRAFT/AEROSPACE, BRANDING/MARKETING, AND CONSUMER PRODUCTS. (CONTINUED ON SCHEDULE O)

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $225,951
Program Service Revenue $86,414
Investment Income $119,222
Other Revenue $0
TOTAL REVENUE $431,587

Expense Breakdown

Grants Paid $0
Salaries & Benefits $250,904
Fundraising Expenses $48,087
Program Expenses $309,965
Other Expenses $197,164
TOTAL EXPENSES $448,068

Year-over-Year Comparison

2024 2023 Change
Revenue $431,587 $194,217 +1.2%
Expenses $448,068 $248,594 +0.8%
Net Income $-16,481 $-54,377 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
2
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
5
$1,797,299
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREAS A POLYCARPOU DIRECTOR 2.0
Director
$0 $31,002 $468,562
BRAD R CARSON DIRECTOR 2.0
Director
$0 $37,104 $936,469
JENNIFER BENNETT DIRECTOR 2.0
Director
$0 $15,672 $392,268
MARCIA MOTT MACLEOD DIRECTOR 2.0
Director
$0 $0 $0
ROSE GAMBE DIRECTOR 2.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $431,587 $448,068 $1,984,058 $-16,481
2024 No data No data No data No data
2023 $605,587 $670,501 $4,475,110 $-64,914
2022 $1,112,104 $669,957 $4,805,990 $442,147
2021 $2,260,190 $4,912,429 $905,994 $-2,652,239
2020 $1,372,852 $550,577 $2,437,621 $822,275
2019 $1,427,835 $563,527 $1,626,155 $864,308
2018 $524,259 $548,305 $759,311 $-24,046
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