Daystar Foundation and Library Inc

EIN: 731361940 501(c)(3)

Oklahoma City, OK

Total Revenue
$3,782,457
Total Expenses
$2,364,069
Total Assets
$24,259,814
Net Assets
$24,111,893
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Organization Details

Formation Year
1990
Legal Domicile
OK
Principal Officer
Kathleen W Starrett
Phone
4058482238
Tax Period
2024-01-01 to 2024-12-31

Daystar Foundation and Library Inc, founded in 1990, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2024. The organization ran a surplus of $1.4M, a strong 37% operating margin.

Mission

Daystar Fdn and Library's mission is to foster deeper and more wide- spread interest in the history of Christian Science as discovered by Mary Baker Eddy and to inspire heartfelt appreciation for her and for those students of hers who faithfully served the Church she founded.

Program Service Accomplishments

Program 1
Expenses: $1,526,865 Revenue: $0

Preservation of rare book/document collectionDaystar houses and maintains a rare and unique collection of books and documents related to the history of the Christian religion and the practice of...

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Preservation of rare book/document collectionDaystar houses and maintains a rare and unique collection of books and documents related to the history of the Christian religion and the practice of Christian Science. Its library and facility are open to the public for study, research, inspiration, and to foster a deeper and more widespread interest in the history of Christianity and the history of Christian Science. The number of visits to Daystar was over 555 during 2024.Statement continued on Schedule O.In 2024 Daystar received over 180 calls requesting materials or answers to research questions. Daystar's website (daystarfoundation.org) had 5,800 users in 2024, and over 20,300 page views. The Daystar collections include early editions of the published writings of Mrs. Eddy, the Discoverer and Founder of the Christian Science religion, original letters written by Mrs. Eddy, reminiscences prepared by those who knew her, and numerous books and other publications about her and the emergence of Christian Science in nineteenth-century America. Also included in the collection are historic Bibles and commentaries. Daystar's maintenance and preservation of such books, documents and artifacts means that the history of Christianity, Christian Science and the Bible will be preserved for future generations. Daystar has a historic collection of rare Bibles, dating back to 1606, as well as a selection of well-known Bible research works. Daystar's exhibits include Bibles from the seventeenth, eighteenth, and nineteenth centuries.

Program 2
Expenses: $115,480 Revenue: $283,751

Presentation series regarding the history of the Bible, Christianity, and Christian Science. Daystar's historical research publication, Library Notes, Volume 28 was written and published during 2024...

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Presentation series regarding the history of the Bible, Christianity, and Christian Science. Daystar's historical research publication, Library Notes, Volume 28 was written and published during 2024. Free copies were mailed to over 1250 addresses. Free copies of Daystar's annual publication of a historical pamphlet or frameable card were mailed to approximately 286 addresses. Statement continued on Schedule O.During a local conference related to Christian Science, over 50 guests were offered tours of Daystar, access to the Library collection, and research help. The Traveling Program (AKA Road Show) was presented by Daystar's Archivist and Librarian to groups in different communities where they were invited by Daystar supporters to introduce the Foundation and share Christian Science history with potential members. They gave 1 of these presentations in 2024.The New England Field Program offered a trip to New Hampshire and Massachusetts where 6 attendees visited sites of historic significance to the founding and early years of Christian Science.The new field program to Germany planned to launch in 2024 was cancelled due to attendees' cancellations. The 2024 fall event had over 200 attendees and included tours of the library and new wing; time for guests to study and research; a piano duet concert with variations on hymns from "The Christian Science Hymnal; a hymn sing; a movie about an early worker in the Christian Science movement, John Randall Dunn; a staff panel presentation about items in the Library collection; and a talk by author and former college professor Gergory W. Sandford, Ph.D. highlighting his book Christian Science in East Germany.

Program 3
Expenses: $183,150 Revenue: $0

A/V restoration and preservationDaystar is committed to preserving A/V programs related to the history of the Bible, Christianity, and Christian Science. It digitally restores and archives its...

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A/V restoration and preservationDaystar is committed to preserving A/V programs related to the history of the Bible, Christianity, and Christian Science. It digitally restores and archives its collection of historic A/V programs to make them available to visitors in the library now and for years to come.

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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 $3,337,811
Program Service Revenue $136,908
Investment Income $301,483
Other Revenue $6,255
TOTAL REVENUE $3,782,457

Expense Breakdown

Grants Paid $26,187
Salaries & Benefits $709,876
Fundraising Expenses $0
Program Expenses $1,825,495
Other Expenses $1,628,006
TOTAL EXPENSES $2,364,069

Year-over-Year Comparison

2024 2023 Change
Revenue $3,782,457 $3,599,495 +0.1%
Expenses $2,364,069 $2,299,387 +0.0%
Net Income $1,418,388 $1,300,108 +0.1%
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
6
Independent Members
5
Employees
6
Volunteers
27

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
$288,726
Total Directors
6
$177,704
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathleen W Starrett-Trustee Executive Director & President 52.00
Officer Director
$175,683 $2,021 $177,704
Dixie Aufderheide Chair 3.00
Officer Director
$0 $0 $0
Mark Sullivan Vice Chair 3.00
Officer Director
$0 $0 $0
Ronald Lawrence Treasurer 4.00
Officer Director
$0 $0 $0
Mark Anderson Trustee 2.00
Director
$0 $0 $0
George Hiatt Trustee 2.00
Director
$0 $0 $0
Valerie Bookout Accounting Manager & Secretary 40.00
Officer
$107,788 $3,234 $111,022
Troy M Simmonds Archivist 40.00
Highest
$103,946 $3,118 $107,064
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 $3,782,457 $2,364,069 $24,259,814 $1,418,388
2023 $3,599,495 $2,299,387 $22,663,962 $1,300,108
2022 $3,283,745 $2,119,439 $21,241,202 $1,164,306
2021 $3,547,578 $2,422,975 $20,330,550 $1,124,603
2020 $2,998,316 $2,396,863 $19,191,062 $601,453
2019 $4,006,405 $2,426,819 $17,952,396 $1,579,586
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