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Nonprofit · EIN 73-0756329

OKLAHOMA CITY INNOVATION DISTRICT INC

Tax-exempt · OKLAHOMA CITY, OK 73104

Financials

$1.6M$2M2023$9.6M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of OKLAHOMA CITY INNOVATION DISTRICT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$9,626,223$2,372,565$7,253,658$9,558,235$764,177$8,794,058
December 31, 2023990$1,581,259$1,999,171-$417,912$1,541,444$324,698$1,216,746
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$9,355,278
of which government grants
$8,488,070
Program service revenue
$100,060
Investment income
$154,181
Other revenue
$16,704

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$8,846
Other salaries and wages
$1,108,877
Salaries, compensation and benefits (total)
$1,335,175
Professional fundraising fees
$0
Legal fees
$16,947
Accounting fees
$30,510
Occupancy
$47,631
Program services (functional)
$1,698,644
Management and general (functional)
$673,921

Balance sheet and other

Total assets, start of year
$1,541,444
Total assets, end of year
$9,558,235
Total liabilities, end of year
$764,177
Net assets, end of year
$8,794,058
Land, buildings and equipment
$7,101,038
Publicly traded securities
$494,129
Net assets without donor restrictions
$8,634,119
Net assets with donor restrictions
$159,939
Gross receipts
$9,626,223
Employees
21
Volunteers
85
Year formed
1965
State of legal domicile
OK

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KATHY CULLENCHIEF FINANCIAL OFFICER
Officer
40$168,269$38,840
KOEY KEYLONEXECUTIVE DIRECTOR, BIOTC
Key employee
40$173,077$19,262
JEFFREY SEYMOURPRESIDENT / CEO
Officer
40$8,846$0
CATHY O'CONNORINTERIM CEO AND BOARD TREASURER
Trustee or director, Officer
40$0$0
CHRISTIAN KANADYBOARD PRESIDENT
Trustee or director, Officer
1$0$0
CHRISTY GILLENWATERBOARD MEMBER
Trustee or director
1$0$0
DR ANDY WEYRICHBOARD MEMBER
Trustee or director
1$0$0
DR QUINTIN HUGHESBOARD MEMBER
Trustee or director
1$0$0
TOMAS DIAZ DE LA RUBIABOARD MEMBER
Trustee or director
1$0$0
DAVID HARLOWBOARD MEMBER
Trustee or director
1$0$0
RICK MCCUNEBOARD MEMBER
Trustee or director
1$0$0
DR GARY RASKOBBOARD MEMBER
Trustee or director
1$0$0
KENTON TSOODLEBOARD MEMBER
Trustee or director
1$0$0
JAMES JOHNSONBOARD MEMBER
Trustee or director
1$0$0
JENNIFER SCHULTZBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
KATHY CULLENCHIEF FINANCIAL OFFICER
Officer
40$162,448$29,331
KATY BORENPRESIDENT & CEO (thru 7/2023)
Officer
40$158,442$15,426
KOEY KEYLONEXECUTIVE DIRECTOR, BIOTC
Highest-paid employee
40$132,509$9,796
CATHY O'CONNORINTERIM CEO AND BOARD SECRETARY
Trustee or director, Officer
40$0$0
CHRISTIAN KANADYBOARD PRESIDENT
Trustee or director, Officer
1$0$0
CHRISTY GILLENWATERBOARD MEMBER
Trustee or director
1$0$0
DR ANDY WEYRICHBOARD MEMBER
Trustee or director
1$0$0
DR QUINTIN HUGHESBOARD MEMBER
Trustee or director
1$0$0
CRESHA REDUSBOARD MEMBER
Trustee or director
1$0$0
TOMAS DIAZ DE LA RUBIABOARD MEMBER
Trustee or director
1$0$0
DAVID HARLOWBOARD MEMBER
Trustee or director
1$0$0
RICK MCCUNEBOARD MEMBER
Trustee or director
1$0$0
DR GARY RASKOBBOARD MEMBER
Trustee or director
1$0$0
KENTON TSOODLEBOARD MEMBER
Trustee or director
1$0$0
JAMES JOHNSONBOARD MEMBER
Trustee or director
1$0$0
JENNIFER SCHULTZBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
755 RESEARCH PARKWAY, OKLAHOMA CITY, OK 73104-3629
Principal officer (990 for 2024)
JEFFREY SEYMOUR, 755 RESEARCH PARKWAY, OKLAHOMA CITY, OK 73104
Signed the 990
JEFFREY SEYMOUR, PRESIDENT / CEO
Phone
(405) 410-9343
Return prepared by
HSPG & ASSOCIATES PC

Mission

TO BRING TOGETHER THE GREATEST MINDS IN TOTAL COLLABORATION, YIELDING WORLD-CHANGING RESULTS. HOME TO INTERNATIONALLY-ACCLAIMED ORGANIZATIONS SPANNING OKLAHOMAS DIVERSE SECTORS - HEALTH, ENERGY, AEROSPACE, TECHNOLOGY, ACADEMIA AND MORE - THE INNOVATION DISTRICT PROVIDES OPPORTUNITIES FOR ENTREPRENEURSHIP, INNOVATION AND COMMUNITY GROWTH.

990 for the year ended December 31, 2024

Program accomplishments

  • INNOVATION DISTRICT - THE ORGANIZATION HAS AGREED TO PARTNER WITH AND PROVIDE SERVICES TO OTHER ENTITIES TO HELP CREATE A UNIFIED VISION AND STRATEGY FOR THE DEVELOPMENT OF A VIBRANT, COHESIVE INNOVATION DISTRICT.
    Expenses $1,698,644 · revenue $100,060

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
73-0756329
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1967
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E00J)
Assets (IRS master file)
$9,558,235
Income (IRS master file)
$9,626,223

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$9,626,223$2,372,565$9,558,235IRS
990December 2023$1,581,259$1,999,171$1,541,444XML
990December 2022$1,243,135$1,398,115$1,748,491IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 73-0756329).

Questions about OKLAHOMA CITY INNOVATION DISTRICT INC

What is the EIN of OKLAHOMA CITY INNOVATION DISTRICT INC?
The employer identification number (EIN) of OKLAHOMA CITY INNOVATION DISTRICT INC is 73-0756329.
Is OKLAHOMA CITY INNOVATION DISTRICT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
Are donations to OKLAHOMA CITY INNOVATION DISTRICT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OKLAHOMA CITY INNOVATION DISTRICT INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OKLAHOMA CITY INNOVATION DISTRICT INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OKLAHOMA CITY INNOVATION DISTRICT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of OKLAHOMA CITY INNOVATION DISTRICT INC?
The 990 for the year ended December 31, 2024 names JEFFREY SEYMOUR.
Who are the officers and directors of OKLAHOMA CITY INNOVATION DISTRICT INC?
The 990 for the year ended December 31, 2024 lists 15 people; 3 received compensation from the organization, the highest $168,269 (KATHY CULLEN, CHIEF FINANCIAL OFFICER).
How much revenue does OKLAHOMA CITY INNOVATION DISTRICT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $9,626,223, expenses of $2,372,565 and total assets of $9,558,235 at year end.

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