MEDICINE PARK MUSEUM OF NATURAL SCIENCE INC

EIN: 371601449 501(c)(3) Arts, Culture & Humanities

MEDICINE PARK, OK

Total Revenue
$665,280
Total Expenses
$709,881
Total Assets
$1,370,805
Net Assets
$1,111,322
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
OK
Principal Officer
CANDACE MCCOY
Phone
5805293601
Tax Period
2024-01-01 to 2024-12-31

MEDICINE PARK MUSEUM OF NATURAL SCIENCE INC, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $665K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

To build and operate a living museum which will benefit the areas educational and scientific communities as well as provide eduation opportunities for all residents of, and visitors to, Southwest Oklahoma.

Program Service Accomplishments

Program 1
Expenses: $538,902 Revenue: $535,849

To operate a museum and aquarium primarily emphasizing animals, fishes and nature native to Southwest Oklahoma with an emphasis on educating area school students and scientific communities, as well...

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To operate a museum and aquarium primarily emphasizing animals, fishes and nature native to Southwest Oklahoma with an emphasis on educating area school students and scientific communities, as well as the general public.

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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 $33,936
Program Service Revenue $535,849
Investment Income $65
Other Revenue $95,430
TOTAL REVENUE $665,280

Expense Breakdown

Grants Paid $0
Salaries & Benefits $435,824
Fundraising Expenses $21,309
Program Expenses $538,902
Other Expenses $274,057
TOTAL EXPENSES $709,881

Year-over-Year Comparison

2024 2023 Change
Revenue $665,280 $741,987 -0.1%
Expenses $709,881 $794,973 -0.1%
Net Income $-44,601 $-52,986 -0.2%
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
13
Independent Members
13
Employees
50
Volunteers
10

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
5
$40,000
Total Directors
13
$0
Key Employees
1
$40,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID MCCOY PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $0 $0
JOHN BRANCH VICE-PRES/DIRECTOR 1.00
Officer Director
$0 $0 $0
JEAN SCHUCKER SECRETARY/DIRECTOR 1.00
Officer Director
$0 $0 $0
CANDACE MCCOY TREASURER/DIRECTOR 1.00
Officer Director
$0 $0 $0
PHIL KENNEDY DIRECTOR 1.00
Director
$0 $0 $0
DR GREG HOWARD DIRECTOR 1.00
Director
$0 $0 $0
DIANE DENHAM DIRECTOR 1.00
Director
$0 $0 $0
DON ARMES DIRECTOR 1.00
Director
$0 $0 $0
JANICE BELL DIRECTOR 1.00
Director
$0 $0 $0
CINDY ZELBST DIRECTOR 1.00
Director Highest
$0 $0 $0
LYNN NULL DIRECTOR 1.00
Director
$0 $0 $0
JACK SMILEY DIRECTOR 1.00
Director
$0 $0 $0
BRENDA SPENCER-RAGLAND DIRECTOR 1.00
Director
$0 $0 $0
C RAINETTE ROWLAND EXECUTIVE DIRECTOR 40.00
Officer Key Emp
$40,000 $0 $40,000
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
2024 $665,280 $709,881 $1,370,805 $-44,601
2023 $741,987 $794,973 $1,440,580 $-52,986
2022 $662,865 $795,308 $1,506,566 $-132,443
2021 $754,070 $703,886 $1,642,228 $50,184
2020 $643,416 $607,093 $1,636,611 $36,323
2019 $504,066 $553,868 $1,595,865 $-49,802
2018 $436,779 $498,280 $1,600,006 $-61,501
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