Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 2,058,301 | 920,930 | 442,000 | 119,450 | 225,951 | 3,766,632 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | 0 | |||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | 0 | |||||
| 4 | Total. Add lines 1 through 3 | 2,058,301 | 920,930 | 442,000 | 119,450 | 225,951 | 3,766,632 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 327,732 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 3,438,900 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 2,058,301 | 920,930 | 442,000 | 119,450 | 225,951 | 3,766,632 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 21,576 | 119,222 | 140,798 | |||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 0 | 34,771 | 26,696 | 0 | 0 | 61,467 |
| 11 | Total support. Add lines 7 through 10 | 3,968,897 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2024 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| Schedule A, Part II, Line 10 Other Income | DESCRIPTION - OTHER INCOME, COLUMN A - , COLUMN B - 34771.0, COLUMN C - 26696.0, COLUMN D - , COLUMN E - , COLUMN F - 61467.0; |
| Software ID: | 24020961 |
| Software Version: | 2024v5.1 |
| Return Reference | Explanation |
|---|---|
| Form 990, Part I, Line 1 BRIEF MISSION (CONTINUED) | IN ADDITION, THE LAB PROVIDES OPEN COMMUNITY ACCESS TO ADVANCED MANUFACTURING AND DIGITAL FABRICATION TOOLS, EQUIPMENT, TECHNOLOGY, AND RESOURCES. |
| Form 990, Part III, Line 4a PROGRAM SERVICE ACCOMPLISHMENT (CONTINUED) | FAB LAB TULSA HAS SUCCESSFULLY ADJUSTED OUR CURRICULUM TO MEET THESE NEW REQUIREMENTS. WITH CLASSROOM CAPACITY OF OUR NEW FACILITY, WE ARE ALSO ABLE TO EXPAND OUR OUTREACH FURTHER WITH ONSITE PROGRAMMING. IN ADDITION, WE CONTINUED TO OFFER COLLEGE LEVEL COURSES WITH THE UNIVERSITY OF TULSA IN THE SPRING AND FALL OF 2025. |
| Form 990, Part III, Line 4c PROGRAM SERVICE ACCOMPLISHMENT (CONTINUED) | THE MAJORITY (66%) ARE SOLE PROPRIETORSHIPS WITH ANNUAL REVENUE RANGING FROM A LOW OF $400 TO A HIGH OF $180,000, WITH AN AVERAGE OF $39,213. SMALL BUSINESSES UTILIZING THE LAB (34%) HAD FROM 2 TO 27 EMPLOYEES WITH ANNUAL REVENUE FROM A LOW OF $5,000 TO A HIGH OF $3.5 MILLION, WITH AN AVERAGE OF $618,500. |
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ 32,975 including grants of $ 0)(Revenue $ 1,728) WORKFORCE: MANUFACTURING IS UNDERGOING A DIGITAL TRANSFORMATION THAT IS CHANGING THE FUTURE OF WORK WITH SMART MANUFACTURING THAT RELIES ON HIGH-TECH SYSTEMS. THE WORKFORCE PROGRAM AT FAB LAB TULSA TEACHES DESIGN THINKING AND DIGITAL FABRICATION SKILLS TARGETED AT RECENT HIGH SCHOOL GRADUATES WHO ARE NOT HEADED TO COLLEGE AND ADULTS SEEKING TO RESKILL AND UPSKILL TO MEET THE RAPIDLY CHANGING ENVIRONMENT OF INDUSTRIAL DIGITALIZATION. THE PROGRAM COVERS THE TOPICS OF 3D PRINTING, PRECISION LASER CUTTING, CNC MILLING AND ELECTRONICS, WITH HANDS-ON LEARNING UTILIZING A PROJECT-BASED APPROACH WHERE STUDENTS DOCUMENT THEIR WORK AND BUILD A DIGITAL ONLINE RESUME AND PORTFOLIO TO SHARE WITH FUTURE EMPLOYERS. IN 2025, FAB LAB TULSA'S WORKFORCE PROGRAMMING REACHED 286 ADULT LEARNERS. FURTHERMORE, OUR PROGRAMS ARE APPROVED BY THE OKLAHOMA WORKFORCE CENTER, OKLAHOMA WORKS, AND THE OKLAHOMA OFFICE OF WORKFORCE DEVELOPMENT. |
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ 26,380 including grants of $ 0)(Revenue $ 4,321) COMMUNITY: MAKER FAIRE TULSA IS A COMMUNITY OUTREACH PROGRAM OF FAB LAB TULSA THAT IS FREE TO THE PUBLIC TO ATTEND AND ATTRACTS PRIMARILY CHILDREN AND FAMILIES, FROM ACROSS NORTHEASTERN OKLAHOMA. THIS AWARD-WINNING, FAMILY-FRIENDLY EVENT CELEBRATES TECHNOLOGY, EDUCATION, SCIENCE, ARTS, CRAFTS, ENGINEERING, AND MAKING OF ALL KINDS. IN THE SUMMER OF 2025, FAB LAB TULSA HOSTED OUR 13TH MAKER FAIRE TULSA EVENT, WHICH HAD 3,198 VISITORS, OVER 70 MAKER EXHIBITORS, AND OVER 750 YOUTH PARTICIPATED IN THE ACTIVITY ZONE. IN ADDITION, WE ATTENDED NUMEROUS SCHOOL AND COMMUNITY EVENTS THROUGHOUT THE YEAR WITH A TOTAL OUTREACH OF 6,998 PARTICIPANTS. |
| Form 990, Part V, Line 2a RELATED COMPENSATION | ALL SALARY EXPENSE REPORTED ON THIS RETURN WAS PAID BY THE UNIVERSITY OF TULSA (TU), WHICH WROTE THEIR PAYROLL CHECKS AND ISSUED THE EMPLOYEES' FORMS W-2. THEY ARE INCLUDED IN THE TU FORM W-3 REPORTING. |
| Form 990, Part VI, Line 15 PROCESS TO ESTABLISH COMPENSATION | THE DIRECTORS OF THE ORGANIZATION WERE COMPENSATED BY THE UNIVERSITY OF TULSA (TU), A RELATED ORGANIZATION. THE COMPENSATION COMMITTEE OF TU REVIEWS ALL MULTI-YEAR CONTRACTS OF EMPLOYMENT AND ANY EMPLOYMENT OFFER FOR THE PRESIDENT. THE COMMITTEE COMPARES TO THE SALARY SURVEY PROVIDED BY INDEPENDENT OUTSIDE CONSULTANTS. THIS PROCESS IS CONDUCTED ANNUALLY. |
| Form 990, Part VI, Line 6 Classes of members or stockholders | THE SOLE MEMBER OF THE ORGANIZATION IS THE UNIVERSITY OF TULSA, AN OKLAHOMA NOT-FOR-PROFIT CORPORATION. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | THE SOLE MEMBER APPOINTS THE DIRECTORS OF THE ORGANIZATION. |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders | THE SOLE MEMBER'S APPROVAL IS REQUIRED FOR THE FOLLOWING ACTIONS: A. ADOPT OR MATERIALLY REVISE FAB LAB TULSA'S ANNUAL BUDGET AND/OR LONG-RANGE STRATEGIC PLAN. B. MAKE CAPITAL EXPENDITURES NOT CONTEMPLATED BY THE ANNUAL BUDGET AND EXCEEDING AN AMOUNT THAT MAY BE SPECIFIED BY THE SOLE MEMBER FROM TIME TO TIME. C. ACQUIRE OR UPGRADE TECHNOLOGY NOT CONTEMPLATED BY THE ANNUAL BUDGET AND EXCEEDING AN AMOUNT THAT MAY BE SPECIFIED BY THE SOLE MEMBER FROM TIME TO TIME. D. ENTER INTO A NEW OR EXPANDED AFFILIATION. E. ADOPT OR AMEND THE CERTIFICATE OF FORMATION OR BYLAWS OF FAB LAB TULSA ON ANY MATERIAL RESPECT, OTHER THAN ADMINISTRATIVE CHANGES. F. MERGE, DISSOLVE, OR TRANSFER ALL OR SUBSTANTIALLY ALL OF FAB LAB TULSA'S ASSETS. G. ADOPT OR AMEND FAB LAB TULSA'S MISSION STATEMENT. H. CREATE A TAXABLE OR TAX-EXEMPT SUBSIDIARY. I. ACQUIRE A CONTROLLING INTEREST IN ANOTHER ENTITY. J. APPOINT OUTISDE AUDITORS. K. SELECT FAB LAB TULSA'S EXECUTIVE DIRECTOR. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | AN INDEPENDENT CPA FIRM PREPARES AND REVIEWS THE FORM 990. A DRAFT IS DISTRIBUTED TO THE FINANCE COMMITTEE FOR COMMENTS, CORRECTIONS, AND/OR CONCERNS. ONCE ACCEPTED, A FINAL DRAFT IS SUBMITTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND ACCEPTANCE. |
| Form 990, Part VI, Line 12c Conflict of interest policy | FAB LAB TULSA , INC IS GOVERNED BY THE POLICIES AND PROCEDURES OF THE UNIVERSITY OF TULSA AND ITS BOARD OF TRUSTEES. EACH TRUSTEE FORMALLY DISCLOSED TO THE PRESIDENT ANY INTEREST SUCH TRUSTEE HOLDS THAT MAY GIVE RISE TO AN ACTUAL, APPARENT OR APPEARANCE OF CONFLICT OF INTEREST IN A TRANSACTION AFFECTING THE UNIVERSITY. |
| Form 990, Part VI, Line 19 Required documents available to the public | Members of the public who express an interest in the affairs of Fab Lab Tulsa may review the annual Form 990 upon request by contacting the Executive Director or the organization during normal working hours at our primary place of business. In addition, the annual Form 990 is available for review at the website www.guidestar.org. |
| Software ID: | 24020961 |
| Software Version: | 2024v5.1 |