LATIMER COOKSEY ARTS & CULTURAL

EIN: 870800172 501(c)(3)

TULSA, OK

Total Revenue
$391,106
Total Expenses
$445,449
Total Assets
$38,453
Net Assets
$-83,804
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
OK
Tax Period
2021-01-01 to 2021-12-31

LATIMER COOKSEY ARTS & CULTURAL, founded in 2008, is a small nonprofit that reported $391K in total revenue in fiscal year 2021. Expenses of $445K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO BRING CULTURAL AWARENESS AND EXPOSE THE NORTH TULSA COMMUNITY TO THE FINE ARTS. IT MENTORS CHILDREN AND YOUTH BY SERVING AS THE GOVERNING BOARD FOR SOLID FOUNDATION

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $94,124
Program Service Revenue $296,982
Investment Income $0
Other Revenue $0
TOTAL REVENUE $391,106

Expense Breakdown

Grants Paid $0
Salaries & Benefits $247,139
Fundraising Expenses $0
Program Expenses $445,449
Other Expenses $198,310
TOTAL EXPENSES $445,449

Year-over-Year Comparison

2021 2020 Change
Revenue $391,106 $371,821 +0.1%
Expenses $445,449 $440,277 +0.0%
Net Income $-54,343 $-68,456 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
4
Independent Members
2
Employees
8
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
4
$0
Key Employees
1
$37,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAYME L BROOME EXEC DIRECTOR 40.00
Key Emp
$37,000 $0 $37,000
ALEXANDER WALTER BOARD MEMBER 3.00
Director
$0 $0 $0
SHERONDA VERNER BOARD MEMBER 3.00
Director
$0 $0 $0
JD MORRISON BOARD MEMBER 3.00
Director
$0 $0 $0
CAESAR LATIMER JR BOARD MEMBER 3.00
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
2021 $391,106 $445,449 $38,453 $-54,343
2020 $371,821 $440,277 $10,503 $-68,456
2019 $478,184 $471,808 $12,034 $6,376
2018 $475,592 $479,989 $2,210 $-4,397
Explore More Nonprofits
→Top 100 Nonprofits in Oklahoma →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LATIMER COOKSEY ARTS & CULTURAL with other nonprofits in Oklahoma and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.