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Nonprofit · EIN 73-1436295

GREENWOOD CULTURAL CENTER INC

Tax-exempt · TULSA, OK 74120

Financials

$582K$682K2022$1.3M$659K2023$367K$576K2024
Revenue Expenses · by fiscal year end
Financials of GREENWOOD CULTURAL CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$367,428$576,455-$209,027$1,243,018$26,077$1,216,941
June 30, 2024990$1,300,875$659,181$641,694$1,400,901$139,854$1,261,047
June 30, 2023990$581,558$681,520-$99,962$695,037$75,684$619,353
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$337,478
of which government grants
$157,578
Program service revenue
$0
Investment income
$51,926
Net rental income
$10,350
Net income from fundraising events
-$36,143
Net income from sales of inventory
$3,817
Other revenue
-$21,976

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$97,830
Other salaries and wages
$121,704
Salaries, compensation and benefits (total)
$258,566
Professional fundraising fees
$0
Accounting fees
$33,346
Occupancy
$3,883
Travel
$408
Depreciation
$29,844
Program services (functional)
$393,648
Management and general (functional)
$119,447
Fundraising (functional)
$63,360

Balance sheet and other

Total assets, start of year
$1,400,901
Total assets, end of year
$1,243,018
Total liabilities, end of year
$26,077
Net assets, end of year
$1,216,941
Land, buildings and equipment
$262,433
Net assets without donor restrictions
$316,941
Net assets with donor restrictions
$900,000
Gross unrelated business income
-$800
Gross receipts
$623,041
Employees
28
Volunteers
45
Year formed
1991
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Frances Jordan RakestrawExecutive Director
Key employee, Highest-paid employee
40$97,830
Rev Martin LavanharMember
Trustee or director
0$0
Retired Judge Jesse HarrisMember
Trustee or director
0$0
Stanley StephensMember
Trustee or director
0$0
Dr Anne A Ghost BearSecretary
Trustee or director, Officer
0$0
Wesley MitchellBoard Chair
Trustee or director
0$0
Edward RossMember
Trustee or director
0$0
Dr Art S WilliamsMember
Trustee or director
0$0
Mike DuvarneyMember
Trustee or director
0$0
Rocky BrightMember
Trustee or director
0$0
Francisco J TrevinoMember
Trustee or director
0$0
Shelly TriplettMember
Trustee or director
0$0
Obum UkabamMember
Trustee or director
0$0
La Verne WimberlyMember
Trustee or director
0$0
990 for the year ended June 30, 2024: 14 people
NameTitleHours / weekCompensation
Frances Jordan RakestrawExecutive Director
Key employee, Highest-paid employee
40$94,067
Rev Martin LavanharMember
Trustee or director
0$0
Retired Judge Jesse HarrisMember
Trustee or director
0$0
Stanley StephensMember
Trustee or director
0$0
Ellouise CochranMember
Trustee or director
0$0
Dr Anne A Ghost BearMember
Trustee or director
0$0
Wesley MitchellBoard Chair
Trustee or director, Officer
0$0
Edward RossMember
Trustee or director
0$0
Lisa Gold MaddenSecretary
Trustee or director
0$0
Shella BowlinMember
Trustee or director
0$0
Dr Art S WilliamsMember
Trustee or director
0$0
Mike DuvarneyMember
Trustee or director
0$0
Rocky BrightMember
Trustee or director
0$0
Mike EdwardsMember
Trustee or director
0$0
990 for the year ended June 30, 2023: 14 people
NameTitleHours / weekCompensationFrom related orgs
Frances Jordan RakestrawExecutive Director
Key employee, Highest-paid employee
40$0$95,242
Rev Martin LavanharBoard Chair
Trustee or director, Officer
0$0$0
Retired Judge Jesse HarrisVice President/Treasurer
Trustee or director, Officer
0$0$0
Stanley StephensMember
Trustee or director, Officer
0$0$0
Ellouise CochranMember
Trustee or director
0$0$0
Dr Anne A Ghost BearMember
Trustee or director
0$0$0
Wesley MitchellMember
Trustee or director
0$0$0
Edward RossMember
Trustee or director
0$0$0
Lisa Gold MaddenSecretary
Trustee or director
0$0$0
Shella BowlinMember
Trustee or director
0$0$0
Dr Art S WilliamsMember
Trustee or director
0$0$0
Mike DuvarneyMember
Trustee or director
0$0$0
Rocky BrightMember
Trustee or director
0$0$0
Mike EdwardsMember
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
322 N GREENWOOD AVE, TULSA, OK 74120-1026
Principal officer (990 for 2024)
Frances Jordan Rakestraw, 322 N Greenwood Avenue, Tulsa, OK 74120
Signed the 990
Frances Jordan Rakestraw, Executive Director
Phone
(918) 596-1020
Return prepared by
Ward Tax Preparer

Mission

To capture, preserve, and teach African-American culture and heritage. To present educational and cultural experiences to foster intercultural exchange and promote cultural tourism.

990 for the year ended June 30, 2025

Program accomplishments

  • Provided summer and young Entrepreneurs programs engaging over 100 children through art, history, literacy and cultural enrichment activities. GCC served as a central community hub by hosting numerous public meetings, workshops, educational events, cultural programs, and commemorative activities throughout the year.
    Expenses $191,799
  • Approximately 250 individuals were served through genealogy workshops, descendant certification assistance, and related historical research efforts connected to Greenwood families and descendants of the 1921 Tulsa Race Massacre. GCC continued providing leadership in descendant verification efforts and advanced planning for the Gathering Greenwood genealogy and oral history exhibit.
    Expenses $201,849

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
73-1436295
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
1994
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P300)
Assets (IRS master file)
$1,243,018
Income (IRS master file)
$623,041

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$367,428$576,455$1,243,018IRS
990-TJune 2025–––IRS
990June 2024$1,300,875$659,181$1,400,901IRS
990-TJune 2024–––IRS
990June 2023$581,558$681,520$695,037XML
990-TJune 2023–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––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 73-1436295).

Questions about GREENWOOD CULTURAL CENTER INC

What is the EIN of GREENWOOD CULTURAL CENTER INC?
The employer identification number (EIN) of GREENWOOD CULTURAL CENTER INC is 73-1436295.
Is GREENWOOD CULTURAL CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to GREENWOOD CULTURAL CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GREENWOOD CULTURAL CENTER 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 GREENWOOD CULTURAL CENTER INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREENWOOD CULTURAL CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of GREENWOOD CULTURAL CENTER INC?
The 990 for the year ended June 30, 2025 names Frances Jordan Rakestraw.
Who are the officers and directors of GREENWOOD CULTURAL CENTER INC?
The 990 for the year ended June 30, 2025 lists 14 people; 1 received compensation from the organization, the highest $97,830 (Frances Jordan Rakestraw, Executive Director).
How much revenue does GREENWOOD CULTURAL CENTER INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $367,428, expenses of $576,455 and total assets of $1,243,018 at year end.

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