Individual Artists of Oklahoma
706 W Sheridan Ave
Oklahoma City OK 73102
Tax Exempt Status Public Supported Charity
Organization Does Business As (DBA) Name(s)
Organization DBA
IAO; IAO Gallery
Mission Statement

Individual Artist of Oklahoma is dedicated to supporting contemporary and experimental artists of all disciplines and creating space for artists to impact our community.

Our beautiful gallery at 706 W. Sheridan
Contact Information
Contact Name David Smith
Contact email director@individualartists.org
Address 706 W Sheridan Ave
Oklahoma City, OK 73102
Phone (405) 2326060
Fax 405-232-6061
County Oklahoma County
Alternate Address 706 West Sheridan Avenue
Oklahoma City OK 73102
Alternate Phone 405 4122541
How to Give
Donate to Endowment http://occf.org/iao/
Other ways to donate, support or volunteer
There are multiple ways to support Individual Artists of Oklahoma. You can become an annual member or sponsor. We have year-round volunteer opportunities. Checks can also be mailed to 706  W Sheridan Ave, Oklahoma City, OK 73102.
Financial Summary
 
 
Projected Revenue $167,500.00
Projected Expenses $167,350.00
History and Background
Former Names
NameYear
n/a
Year Founded 1979
IRS Ruling Year 1985
Statements
Mission

Individual Artist of Oklahoma is dedicated to supporting contemporary and experimental artists of all disciplines and creating space for artists to impact our community.

Background

Individual Artists of Oklahoma was founded in 1979 by three poets as a grass-roots alternative arts organization. IAO is committed to supporting contemporary and experimental artists of all disciplines and creating space for artists to impact our community.

IAO creates opportunities for Oklahoma artists by curating and developing socially relevant exhibitions in one of the finest gallery spaces in region. The IAO Gallery features works and exhibitions that display innovative and thought-provoking concepts and approaches that broaden the dialogue with the community and enhance the public's understanding of the role of contemporary art and the artist.

Our organization strives to develop an appreciation of contemporary art by providing support for artists in all media through audience development, community participation, and publicity.

IAO has a working volunteer board, half of whom are artists. Each board member contributes financially at some level, as well as giving generously of time on projects and to secure in-kind and cash donations. Board members also chair committees, including those that oversee programming areas.

The programs cover a broad range of expression by artists of all ages, at various levels of professional recognition, and who are diverse in race, philosophy, culture and economics. Selected program applications effectively demonstrate original contemporary themes and the technical ability to successfully convey the artists’ intentions.
Impact

IAO is a grass roots contemporary arts organization. We are dedicated to supporting contemporary and experimental artists of all disciplines and creating space for artists to impact our community.

We have almost 40 years’ experience curating and presenting thought provoking exhibitions that expand the ideals and expectations of artists and patrons alike, while opening a dialogue on relevant social issues. By providing an essential venue for all forms of contemporary artistic expression, IAO stimulates the cultural and economic growth of our community.

Needs
Individual Artists of Oklahoma is currently a 100% volunteer-lead organization, as such we have no staff, and are always looking for volunteers willing to donate their time and energy to keep our programming moving forward. We are always looking to upgrade our exhibit and presentation technologies with updated projectors, audio equipment, gallery lighting, and basic facility infrastructure. Financially we rely on memberships and donations from private and corporate sponsors to maintain operations. As such, we are always looking for donations to keep our programs current. Individual Artists of Oklahoma operates on approximately $6000 each month but would require an additional $7000 monthly to begin adding staff.
 
Individual Artist of Oklahoma has a long history of working with our community partners to provide exciting and creative experiences for our visitors; we hope, with your help; to continue those traditions into the future.
CEO/Executive Director Statement IAO has an important history of supporting progressive and experimental artists. This organization's presence is critical to our artistic and cultural community. IAO is unique in it's interdisciplinary focus on cutting-edge art, and our community space allows us to bring diverse groups together to experience and learn about the arts.
Board Chair Statement
My personal involvement with Individual Artists of Oklahoma began in 1987, when my parents would drop me off at the gallery for openings and poetry readings. Even then, at the age of 14, I felt a connection to the people, style, and community that has grown up around IAO. Since that time I have volunteered countless hours, worked with a broad range of people, and come continuously closer to the spirit of this organization.
 
As a member of this Board of Directors, I get to watch some amazing people give freely of themselves to make this mission work. They give of their time, their finances, their energies and talent; all to keep the mission moving forward. It is truly an honor to see poets, artists, business people, and community members work together to support contemporary art in all it's forms.
 
I am humbled every day to see the great things we accomplish, sometimes with nothing but an idea and love of community; and look forward to seeing us continue to grow.
 
David Smith/spontaneous bob
-IAO Board President 
Area Served
Area Served
Geographic Area Served
Oklahoma - Statewide
Oklahoma City
Oklahoma City - downtown
Oklahoma County
Oklahoma City Metropolitan Statistical Area (all 7 counties)

Located on Film Row in downtown Oklahoma City, IAO remains present and active in our immediate community, and draws visitors from all over the city for our programs and events. Through our programming, IAO serves and exhibits visual artists, filmmakers, poets, performance artists, musicians, and art enthusiasts from across the state.

Service Categories
Secondary Organizational Category Arts,Culture & Humanities/Arts & Culture
Tertiary Organizational Category Arts,Culture & Humanities/Arts Education
Programs
Description
Each year, we are honored with the opportunity to work with hundreds of artists across multiple disciplines. Supported events included monthly poetry readings, film/video screenings, and panel discussions. In addition IAO also organizes and hosts  musical and performance art evenings.
 
Our gallery space hosts continuous visual art exhibits by artists from the beginning of their career to some of the most established names in the Oklahoma arts community. We provide solo exhibits as well as several group shows where artists are invited to join in themed or coordinated shows.
Strategy
Population Served Adults General/Unspecified Lesbian, Gays, Bisexuals, Transgendered
Program Short-term SuccessHelpDescription of short-term achievement(s) or improvement(s) that will result from this program.
• Provide staffed assistance with exhibit planning and hanging.
• Broaden the artist base  to include more regions of the state.
 
Program Long-term SuccessHelpDescription of the ultimate change(s) that will result from this program. This may be far into the future or represent an ideal state.
• Increase audience and reach for all programming
• Develop a larger staff and volunteer base
 
Program Success MonitoringHelpDescription of the tools used to measure or track program impact.
• Increased attendance at events and openings
• Increased membership registration
• Ability to hire staff 
Examples of Program SuccessHelpSpecific examples of changes in behaviors or testimonies of changes that demonstrate program success.
Exhibit attendance continues to grow from month to month month. With each new exhibit, we are reaching a broader audience and expanding the communities awareness and engagement with IAO.
 
In addition to hosting a monthly poetry reading off-site, we have added a monthly reading in the gallery, and hosted multiple "special event" reading featuring specific poets or themed readings which have drawn standing-room only crowds. 
Comments on Programs
CEO/Executive Director/Board Comments
Over the past year, IAO has operated as a 100%volunteer-run organization.In order to keep our costs down and our programs expanding, we have worked tirelessly as a board and volunteer group to not only maintain, but expand the reach and depth of our program offerings.
 
As we rebuild from the ground up, our grassroots membership and involvement becomes even more important in this current economic climate.
 
 
 
CEO/Executive Director
CEO/Executive Director David Smith
Start Date Aug 2017
Email spontaneousbob@gmail.com
Experience As a volunteer run organization, our board of directors is currently acting in the role of Executive Director. Until such time as finance allows for the addition of paid staff, the board will divide operational duties and maintain the organizations daily business.
Staff
Number of Full-time Staff 0
Number of Part-time Staff 0
Number of Contract Staff 0
Number of Volunteers 30
Staff Retention Rate 0
Are professional development opportunities provided? No
Does CEO/Executive Director have formal evaluations? Yes
Management reports to board? Yes
Organizational Plans
Fundraising Plan Under Development
Policy against commission-based compensation for fundraising consultant No
Communication Plan Under Development
Strategic Plan Yes
Number of Years Strategic Plan Considers 5
Date Strategic Plan Adopted Oct 2007
Management Succession Plan No
Organization Policies and Procedures Yes
Collaborations
We often work with other organizations on specific programs. In the past year we have worked with AIGA OK (American Institute of Graphic Artists) on meetings and organizational social activities.  IAO is proud to be on our 4th year in partnership with Positive Tomorrows where we provide weekly activities as part of their after-school program. In addition, we work with artists and members on an on-going basis to generate new programs and exhibits.
Affiliations
AffiliationYear
Allied Arts member agency2001
Risk Management Provisions
General Property Coverage
Board Chair
Name David "spontaneous bob" Smith
Company Affiliation Federal Aviation Administration
Term Aug 20127 to Aug 2019
Email spontaneousbob@gmail.com
Board of Directors
List Current as of Aug 21, 2018
Board of Directors List
NameAffiliationStatus
David "spontaneous bob" Dennis-Smith PresidentFAAVoting
Rev. T. Sheri DickersonVoting
Janice Francis-SmithVoting
Mason GrimesVoting
Angela HooperVoting
Joe Hopper TreasurerHopper MarketingVoting
Brandon Seekins Vice PresidentVoting
Board Demographics - Ethnicity
African American/Black 2
Caucasian 5
Board Demographics - Gender
Male 3
Female 4
Governance
Board Term Lengths 2 years
Percentage of Board Making Monetary Contributions to the Organization 100 %
Percentage of Board Making In-Kind Contributions to the Organization 100 %
Board Orientation Yes
Constituency Includes Client Representation Yes
Written Board Selection Criteria? Under Development
Standing Committees
Board Development / Board Orientation
Current Fiscal Year
Fiscal Year July 01, 2018-June 30, 2019
Current Year Budgeted Total Income $167,500
Current Year Budgeted Total Expenses $167,350
IRS Letter of Determination
Prior Three Years' Financial History
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201620152014
Contributions--$5,800--
Foundation and
Corporation Contributions
------
Government Contributions$14,170$0$29,858
Federal------
State------
Local------
Unspecified$14,170--$29,858
Individual Contributions------
------
$35,134$3,450$40,147
Investment Income, Net of Losses$2,464$2,354$6,374
Unrealized Gain/Loss------
Membership Dues------
Special Events$63,902$94,425$61,566
Revenue In-Kind------
Other($2)($7,641)$9
Expense Allocation
Fiscal Year201620152014
Program Expense$89,376$73,285$106,895
Administration Expense------
Fundraising Expense$37,287$72,932$48,387
Payments to Affiliates------
Total Revenue/Total Expenses0.910.670.89
Program Expense/Total Expenses71%50%69%
Fundraising Expense/Contributed Revenue--1257%--
Assets and Liabilities
Fiscal Year201620152014
Total Assets$50,544$58,874$100,876
Current Assets($670)$7,975$49,977
Long-Term Liabilities------
Current Liabilities$23,963$21,298$15,471
Total Net Assets$26,581$37,576$85,405
Solvency
Short Term Solvency
Fiscal Year201620152014
Current Ratio: Current Assets/Current Liabilities0.000.373.23
Long Term Solvency
Fiscal Year201620152014
Long-Term Liabilities/Total Assets0%0%0%
Funding Sources
Top Funding Sources
Fiscal Year201620152014
Top Funding Source & Dollar AmountSpecial Events $63,902Special Events $94,425Special Events $61,566
Second Highest Funding Source & Dollar AmountEarned Revenue $35,134Individuals $5,800Earned Revenue $40,147
Third Highest Funding Source & Dollar AmountGovt - Unspecified $14,170Earned Revenue $3,450Govt - Unspecified $29,858
Endowment? Yes
Endowment Spending Policy Percentage
Endowment Spending Policy Percentage (if selected) 5 %
Credit Line? No
Reserve Fund? Yes
Capital Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next Five Years? No
Comments on Financials
Foundation Staff Comments
All prior year financial information is from IRS Form 990s.
 
Note:  We have used the net asset amounts for all three years from page 1 of their Form 990s.  However, upon further review of page 12, Part XI, Recon of Net Assets, line #10, all three years do not agree with page 1.  Therefore, we adjusted their total revenues by the amount and have placed the difference on the "Other" revenue line in the financials, in order for the net assets to roll-forward properly. 
 
Contributions may include foundations and corporations when the breakout was not available.
 
The financial information presented is obtained from the following sources: IRS Form 990, independent audit reports, financial statements – board approved when available, and supplemental information from the organization. We do not warrant or guarantee the timeliness, errors or inaccuracies. With respect to information regarding financial performance, nothing on this website should be interpreted as a statement or interpretation by OCCF staff.
 
Organizations with a GiveSmartOKC profile are responsible for updating information annually within 45 days following the end of their fiscal year.

 
Address 706 W Sheridan Ave
Oklahoma City, OK 73102
Primary Phone 405 2326060
Give to Endowment http://occf.org/iao/
CEO/Executive Director David Smith
Board Chair David "spontaneous bob" Smith
Board Chair Company Affiliation Federal Aviation Administration