Oklahoma Museums Association
Nonprofit profile at a glance
- EIN
- 731004791
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Oklahoma City, OK, USA
- Phone
- 4054247757
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Museum, Museum Activities
Reported finances
- Revenue
- $415,838
- Expenses
- $383,954
- Assets
- $359,519
- Liabilities
- $5,592
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- DELAYNNA TRIM (PRESIDENT)
People named in this filing
- DELAYNNA TRIM (PRESIDENT)
- VALORIE WALTERS (VICE PRESIDE)
- JASON HARRIS (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Strengthening Oklahoma museums
What it reported doing in 2024
Oklahoma museums association (oma) is the primary provider of professional training and technical information to staff and volunteers of Oklahoma's 500 plus museum's, historical societies, historic sites, zoos and botanical gardens, historic houses, living history museum's, tribal cultural centers and other museum related institutions. Oma supports museums by: 1) developing resources to fulfill the mission; 2) building networks among members and member institutions as well as with various publics; 3) encouraging public awareness of the existence, purposes and value of museums, 4) promoting professional growth among museum employees and volunteers; 5) providing professional services to Oklahoma museums and 6) advocating on behalf of museums. Below are additional services oma offers -a variety of workshops, seminars, and an annual conference -a quarterly newsletter called musenews. -maintains a website at www.okmuseums.org -provides office referrals and consultations -runs a museum reference lending library containing more than 350 books. -offers professional interest networks, hosts an annual awards program, and posts job opportunities. -assists with scholarships and resume reviews -hosts an online museum directory -hosts member events, including mx networking events, and an annual conference. -provides a mentor program, discount programs, grant proposal reviews, a disaster response team, advocacy, and serves as a liaison to professional associations, addressing issues of concern to the Oklahoma museum community.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 90
- Accountability: 100
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.1%; rating input score 78
- Program expense ratio: 84.2%; rating input score 84
- Fundraising efficiency: $15.26 raised per $1 spent on fundraising; rating input score 51; 51st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 7.7%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 0.94; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 2.2% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: 3.3% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 5% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 78.1% of revenue deployed · 84.2% of spending went to programs
- Governance: 20 of 20 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $323K in reported program spending
- Leadership: top reported pay $0 · 23 people listed
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Fundraising efficiency scored 51/100.
- Review — Sustainability: Operating margin scored 56/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.