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Nonprofit · EIN 73-1250294

FINE ARTS INSTITUTE OF EDMOND

Tax-exempt · EDMOND, OK 73083

Financials

$796K$825K2022$698K$694K2023$871K$763K2024
Revenue Expenses · by fiscal year end
Financials of FINE ARTS INSTITUTE OF EDMOND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$870,576$763,230$107,346$1,416,836$348,421$1,068,415
August 31, 2024990$698,359$694,302$4,057$1,294,906$128,606$1,166,300
August 31, 2023990$796,245$824,696-$28,451$1,339,311$191,225$1,148,086
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$314,694
of which government grants
$107,000
Program service revenue
$495,500
Investment income
$17,605
Net income from fundraising events
$42,777
Other revenue
$42,777

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$314,398
Salaries, compensation and benefits (total)
$348,737
Professional fundraising fees
$0
Accounting fees
$7,500
Depreciation
$25,200
Program services (functional)
$586,363
Management and general (functional)
$176,867

Balance sheet and other

Total assets, start of year
$1,294,906
Total assets, end of year
$1,416,836
Total liabilities, end of year
$348,421
Net assets, end of year
$1,068,415
Land, buildings and equipment
$726,490
Net assets without donor restrictions
$856,606
Net assets with donor restrictions
$211,809
Gross receipts
$1,007,002
Employees
5
Year formed
1985
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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
SHANNON PRICEEXECUTIVE DI
Trustee or director, Officer
40$99,251
ANDREA DURBINPRESIDENT
Trustee or director, Officer
10$0
SARAH BROWNPAST PRESIDE
Trustee or director
10$0
LEWIS JONESPRESIDENT-EL
Trustee or director
10$0
JULIE OLIVERTREASURER
Trustee or director, Officer
10$0
STEPHANIE WOLFSECRETARY
Trustee or director, Officer
10$0
DAVID CHAPMANDIRECTOR
Trustee or director
10$0
TIM DEIMUNDDIRECTOR
Trustee or director
10$0
JODI FETROWDIRECTOR
Trustee or director
10$0
JAY HOLOBACHDIRECTOR
Trustee or director
10$0
ACEY HOPPERDIRECTOR
Trustee or director
10$0
EDWARD HUDSONDIRECTOR
Trustee or director
10$0
BEN LINDSEYDIRECTOR
Trustee or director
10$0
TERESA MACLEODDIRECTOR
Trustee or director
10$0
RACHEL MCNEILLDIRECTOR
Trustee or director
10$0
2 more people on this return
NameTitleHours / weekCompensation
JAMIE UNDERWOODDIRECTOR
Trustee or director
10$0
CHARLEEN WEIDELLDIRECTOR
Trustee or director
10$0
990 for the year ended August 31, 2024: 18 people
NameTitleHours / weekCompensation
SHANNON PRICEEXECUTIVE DI
Trustee or director, Officer
40$97,413
SARAH LONDONPAST PRESID
Trustee or director
10$0
SARAH BROWNPRESIDENT
Trustee or director, Officer
10$0
ANDREA DURBINPRESIDENT-EL
Trustee or director
10$0
TERESA MACLEODTREASURER
Trustee or director, Officer
10$0
LEWIS JONESSECRETARY
Trustee or director, Officer
10$0
CHARL ADAIRDIRECTOR
Trustee or director
10$0
DAVID CHAPMANDIRECTOR
Trustee or director
10$0
JAMIE UNDERWOODDIRECTOR
Trustee or director
10$0
KIM WALLACEDIRECTOR
Trustee or director
10$0
TIM DEIMUNDDIRECTOR
Trustee or director
10$0
WHITNEY RANDALLDIRECTOR
Trustee or director
10$0
OKSUN LEEDIRECTOR
Trustee or director
10$0
BRAD MCNEILLDIRECTOR
Trustee or director
10$0
JULIE OLIVERDIRECTOR
Trustee or director
10$0
REIAN WILLIAMSDIRECTOR
Trustee or director
10$0
CARA JERNIGANDIRECTOR
Trustee or director
10$0
ACEY HOPPERDIRECTOR
Trustee or director
10$0
990 for the year ended August 31, 2023: 21 people
NameTitleHours / weekCompensation
SHANNON PRICEEXEC DIRECTO
Trustee or director, Officer
40$86,139
CHARL ADAIRDIRECTOR
Trustee or director
10$0
TIM DEIMUNDDIRECTOR
Trustee or director
10$0
DAVID DOBSONMARKETING CH
Trustee or director
10$0
NATALIE EVANSDIRECTOR
Trustee or director
10$0
ANGELA GRUNEWALDEPS LIAISON
Trustee or director, Officer
10$0
LINDA HAWKINSDIRECTOR
Trustee or director
10$0
LEWIS JONESDIRECTOR
Trustee or director
10$0
OKSUN LEEUCO LIAISON
Trustee or director, Officer
10$0
BRAD MCNEILLDIRECTOR
Trustee or director
10$0
CORI MITCHELLDIRECTOR
Trustee or director
10$0
JULIE OLIVERMEMBERSHIP C
Trustee or director, Officer
10$0
WHITNEY RANDALLDIRECTOR
Trustee or director
10$0
JAMIE UNDERWOODDIRECTOR
Trustee or director
10$0
KIM WALLCEDIRECTOR
Trustee or director
10$0
REIAN WILLIAMSFACULTY LIAI
Trustee or director, Officer
10$0
SARAH BROWNPRESIDENT EL
Officer
10$0
JEFF DESPAINPAST PRESIDE
Officer
10$0
ANDREA DURBINTREASURER
Officer
10$0
SARAH LONDONPRESIDENT
Officer
10$0
TERESA MACLEODSECRETARY
Officer
10$0

Address and contacts

Address (IRS master file)
PO BOX 311, EDMOND, OK 73083-0311
Principal officer (990 for 2024)
SHANNON PRICE, PO BOX 311, EDMOND, OK 73083
Signed the 990
SHANNON PRICE, EXECUTIVE DIRECTOR
Phone
(405) 340-4481
Return prepared by
WEDEL RAHILL & ASSOCIATES CPA'S PLC

Mission

FINE ARTS INSTITUTE OF EDMOND IS A NON-PROFIT EDUCATIONAL ARTS ORGANIZATION OFFERING VISUAL AND PERFORMING ARTS OPPORTUNITIES FOR CHILDREN AND ADULTS IN THE EDMOND AREA. THE INSTITUTE IS SUPPORTED PRIMARILY THROUGH CLASS TUITION, DONATIONS AND GRANTS.

990 for the year ended August 31, 2025

Program accomplishments

  • VISUAL AND PERFORMING ART CLASSES ARE OFFERED TO THE COMMUNITY IN SEVERAL AREAS INCLUDING PAINTING, SCULPTING, DRAWING, DRAMA, ETC. CLASSES ARE OPEN TO STUDENTS PRE-SCHOOL THROUGH ADULTS, REGARDLESS OF RACE, COLOR, CREED OR DISABILITY.
    Expenses $586,363
  • COMMUNITY CHILDREN'S CHORUS MEETS WEEKLY FOR INSTRUCTION AND PERFORMS AT VARIOUS EVENTS. THE FAI SPONSORS THE EDMOND YOUTH CHORUS TO ENCOURAGE CREATIVITY IN THE MUSICAL ARTS.
  • VISUAL AND PERFORMING ART CLASSES ARE OFFERED TO THE COMMUNITY IN SEVERAL AREAS INCLUDING PAINTING, SCULPTING, DRAWING, DRAMA, ETC. CLASSES ARE OPEN TO STUDENTS PRE-SCHOOL THROUGH ADULTS, REGARDLESS OF RACE, COLOR, CREED OR DISABILITY.

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

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
73-1250294
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1985
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,416,836
Income (IRS master file)
$1,007,002

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$870,576$763,230$1,416,836XML
990August 2024$698,359$694,302$1,294,906IRS
990August 2023$796,245$824,696$1,339,311XML
990August 2022$788,871$767,332$1,345,933IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 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 73-1250294).

Questions about FINE ARTS INSTITUTE OF EDMOND

What is the EIN of FINE ARTS INSTITUTE OF EDMOND?
The employer identification number (EIN) of FINE ARTS INSTITUTE OF EDMOND is 73-1250294.
Is FINE ARTS INSTITUTE OF EDMOND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to FINE ARTS INSTITUTE OF EDMOND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FINE ARTS INSTITUTE OF EDMOND 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 FINE ARTS INSTITUTE OF EDMOND due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FINE ARTS INSTITUTE OF EDMOND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of FINE ARTS INSTITUTE OF EDMOND?
The 990 for the year ended August 31, 2025 names SHANNON PRICE.
Who are the officers and directors of FINE ARTS INSTITUTE OF EDMOND?
The 990 for the year ended August 31, 2025 lists 17 people; 1 received compensation from the organization, the highest $99,251 (SHANNON PRICE, EXECUTIVE DI).
How much revenue does FINE ARTS INSTITUTE OF EDMOND have?
On its 990 for the year ended August 31, 2025 it reported revenue of $870,576, expenses of $763,230 and total assets of $1,416,836 at year end.

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