Circle Cinema Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO USE FILM TO FOSTER UNDERSTANDING AND APPRECIATION OF THE DIVERSITY OF THE HUMAN EXPERIENCE AND CREATE COMMUNITY AMONG THE VIEWERS IN THE RESTORED HISTORIC CIRCLE CINEMA. TO EDUCATE, ENLIGHTEN, ENTERTAIN AND ENHANCE COMMUNITY CONSCIOUSNESS THROUGH FILM. ACTIVITIES INCLUDE THE PRESENTATION OF INDEPENDENT, DOCUMENTARY, FOREIGN AND CLASSIC FILMS; COLLABORATION WITH OTHER COMMUNITY NONPROFIT ORGANIZATIONS ON FILMS THAT TIE TO SOCIAL, HEALTH, ENVIRONMENTAL, CIVIC, HISTORIC AND RELIGIOUS ISSUES; PARTNERSHIPS WITH SCHOOLS AND SCHOOL GROUPS TO PRESENT EDUCATIONAL FILMS TO STUDENTS; SUPPORT OF LOCAL FILMMAKING THROUGH THE SCREENING OF FILMS MADE IN OKLAHOMA, ABOUT OKLAHOMA OR WITH OKLAHOMAN ACTORS OR FILMMAKERS.
- Income
- $1.4 million
- Spending
- $1.4 million
- Spent on programs
- 87%
- Reserves
- 2.4 months of spending
- Largest source of income
- donations and private grants, 45%
- Employees
- 18
- Volunteers
- 14
- Highest pay
- $85,587, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 68 out of 100. Higher than 43% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 2.4 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
8 of 15Spending exceeded income by 2% of income.
Income trend
15 of 15Income rose 4% on the year before.
Spending floor
15 of 1587% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 60 out of 100. Higher than 12% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2514 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.2 million spent. CIRCLE CINEMA FOUNDATION WORKS TO EDUCATE, ENLIGHTEN, ENTERTAIN AUDIENCES AND ENHANCE COMMUNITY CONSCIOUSNESS THROUGH FILM. ACTIVITIES INCLUDE THE PRESENTATION OF INDEPENDENT, DOCUMENTARY, FOREIGN AND CLASSIC FILMS; COLLABORATION WITH OTHER NONPROFIT ORGANIZATIONS TO PRESENT FILMS THAT TIE TO SOCIAL, HEALTH, ENVIRONMENTAL, CIVIC, HISTORICAL AND RELIGIOUS ISSUES; PARTNERSHIPS WITH SCHOOLS TO PRESENT EDUCATIONAL FILMS FOR STUDENTS; AND SUPPORT OF LOCAL FILMMAKING THROUGH THE SCREENING OF FILMS MADE IN OKLAHOMA, FILMS MADE ABOUT OKLAHOMA AND FILMS MADE BY OKLAHOMA FILMMAKERS AND ACTORS. THE ORGANIZATION WORKS TO PRESERVE AND MAINTAIN ITS HISTORIC AND ICONIC BUILDING ORIGIALLY BUILT IN 1928, WHICH IS NOW ON THE NATIONAL REGISTER OF HISTORIC PLACES AND IS AN IMPORTANT PART OF TULSA CINEMATIC HISTORY AS ITS LAST REMAINING HISTORIC MOVIE THEATRE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2003.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.