OKLAHOMA INTERNATIONAL BLUEGRASS FESTIVAL INC

EIN: 731499935 501(c)(3) Arts, Culture & Humanities

Guthrie, OK

Total Revenue
$243,609
Total Expenses
$144,901
Total Assets
$257,694
Net Assets
$257,694
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
OK
Tax Period
2021-01-01 to 2021-12-31

OKLAHOMA INTERNATIONAL BLUEGRASS FESTIVAL INC, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $244K in total revenue in fiscal year 2021. The organization ran a surplus of $99K, a strong 41% operating margin.

Mission

PROMOTE BLUEGRASS MUSIC

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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 (2021)

Revenue Breakdown

Contributions & Grants $127,378
Program Service Revenue $0
Investment Income $417
Other Revenue $115,814
TOTAL REVENUE $243,609

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $141,436
Other Expenses $144,901
TOTAL EXPENSES $144,901

Year-over-Year Comparison

2021 2020 Change
Revenue $243,609 N/A N/A
Expenses $144,901 N/A N/A
Net Income $98,708 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
N/A
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SANDY BEEZLEY DIRECTOR 2.00
Director
$0 $0 $0
JIM TRIGGS DIRECTOR 2.00
Director
$0 $0 $0
KELSEY AVANTS DIRECTOR 2.00
Director
$0 $0 $0
DOUG HAWTHORNE DIRECTOR 2.00
Director
$0 $0 $0
KENNY PARKS DIRECTOR 4.00
Director
$0 $0 $0
BARRY PATTON PRESIDENT 2.00
Officer
$0 $0 $0
JESSICA THEILKEN TREASURER 2.00
Officer
$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
2021 $243,609 $144,901 $257,694 $98,708
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