2025-05-15T10:08:10+00:00 2024-06-30 440160260 Forvis Mazars LLP 120 E Palmetto Park Road Suite 403 Boca Raton FL 33432 990 2024-01-01 300638130 Fab Lab Tulsa Inc FABL 9187796025 501 S Lewis Ave Tulsa OK 74104 Jennifer Bennett Director 9187796025 2025-05-15 true true April Arnold P01559426 5612991820 2025-05-15 2023 2025-03-06 01:10:19Z Mike D Thesenvitz 501 S Lewis Ave Tulsa OK 74104 194217 false X www.fablabtulsa.org X 2010 OK Fab Lab Tulsa delivers education, community, workforce, and business programming that teaches innovation, design-thinking, problem-solving and change-making. In addition, the lab provides open community access to advanced manufacturing and digital fabrication tools, equipment, technology, and resources. 5 5 0 0 0 442000 119450 136891 53191 21576 26696 0 605587 194217 0 0 360879 124920 0 23525 309622 123674 670501 248594 -64914 -54377 4475110 1881120 5295 157761 4469815 1723359 X The mission of Fab Lab Tulsa is to empower our community by providing education, community, workforce, and business programming that teaches innovation, design-thinking, problem-solving and change-making, together with open access to 21st Century digital fabrication tools, equipment, and technology. false false 81849 0 15042 Education: The K-20 education program at Fab Lab Tulsa enables educators to introduce and illustrate a variety of engineering disciplines, including mechanical, electrical, chemical, and structural engineering, as well as computer science, math, and art. Additionally, students learn how to envision, design, build, test and refine their ideas through hands-on experience with 2D and 3D design software and digital fabrication tools. When using technology in education, the key is to enhance the concepts being taught. Educational programs at Fab Lab Tulsa focus on building skills in core subjects, such as math and science, as well as applied problem-solving, critical thinking and creativity, all of which are critically important in the modern economy. 71173 0 34151 Member: As a community center, Fab Lab Tulsa is a resource for local technology enthusiasts who span a broad spectrum: from hobbyist and tinkerers, to artists and designers, to engineers and scientists, to entrepreneurs and businesses. Individual members with creative ideas bring them to fruition with the lab's equipment and tools. Programming for individual members includes entry-level and advanced classes to train and certify them in the various skills required to use the facility and equipment without supervision. 12455 0 2856 Business: Fab Lab Tulsa is a hub for inventors and provides entrepreneurs and businesses with a high-quality, low-cost, low-risk method of rapid prototyping and micro-manufacturing new products. The objective is to foster entrepreneurship and economic development, as well as encourage start-up companies to grow both within and beyond the lab. Business and industry members receive extensive technical assistance in using lab equipment and software design applications, as well as access to programs that support their legal and intellectual property needs. 8896 0 381 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. 3559 0 761 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. 12455 1142 177932 true true false false false false false false false true false false false true false false true false false false false false false false false false false false false false false false false false false false false false false false false false true true true false false true 0 0 0 false false false false false false false false false false false false X 5 5 false false true false true true true true true false false true true true true true true false false false OK X X X MICHAEL D THESENVITZ 9186312583 800 S TUCKER DRIVE TULSA OK 74104 ANDREAS A POLYCARPOU DIRECTOR 2.0 0.0 X 0 0 0 BRAD R CARSON DIRECTOR 2.0 41.0 X 0 0 0 JENNIFER BENNETT DIRECTOR 2.0 40.0 X 0 0 0 MARCIA MOTT MACLEOD DIRECTOR 2.0 2.0 X 0 0 0 ROSE GAMBE DIRECTOR 2.0 0.0 X 0 0 0 0 0 0 0 false false false 0 119450 119450 Department Sales and Services 900099 19040 19040 Membership dues 611710 34151 34151 0 0 0 0 53191 21576 21576 0 0 0 0 0 0 0 0 0 194217 53191 0 21576 87353 61147 10482 15724 31452 22017 3774 5661 6115 4280 734 1101 14100 14100 16609 6558 10051 0 6226 6226 4756 3805 713 238 7638 6874 764 19993 19193 400 400 330 316 7 7 2261 2261 5718 5718 13118 12330 394 394 Shop Consumables 22371 22371 Educational Materials 7551 7551 Community Projects 2483 2483 Mobile Fab Lab 520 520 0 0 0 0 248594 177932 47137 23525 134571 208482 8982 2850 0 0 4315200 1659149 16357 5718 16357 10639 0 0 0 0 4475110 1881120 5295 32756 0 0 125005 5295 157761 X 4469815 1673359 50000 4469815 1723359 4475110 1881120 X -54377 -2692079 X false true X true false X 1282022 2058301 920930 442000 119450 4822703 0 0 1282022 2058301 920930 442000 119450 4822703 2237894 2584809 21576 21576 0 0 0 34771 26696 0 61467 4905746 531310 0.5269 0.6911 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - , COLUMN B - , COLUMN C - 34771.0, COLUMN D - 26696.0, COLUMN E - , COLUMN F - 61467.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16357 5718 10639 10639 Due to Related Organization 125005 125005 Schedule D, Part X, Line 2 FIN 48 (ASC 740) FOOTNOTE THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, NO PROVISION FOR INCOME TAX IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS REQUIRED TO FILE ANNUAL INFORMATION RETURNS IN BOTH THE FEDERAL AND OKLAHOMA JURISDICTIONS. MANAGEMENT EVALUATES ITS UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF THEIR POLICIES AND PROCEDURES, REVIEW OF THEIR REGULAR TAX FILINGS AND DISCUSSIONS WITH OUTSIDE EXPERTS. AT JUNE 30, 2024, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS. FEDERAL EXEMPT ORGANIZATION RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. Form 990, Part III, Line 4d Description of other program services (Expenses $ 8,896 including grants of $ 0)(Revenue $ 381) 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. Form 990, Part III, Line 4d Description of other program services (Expenses $ 3,559 including grants of $ 0)(Revenue $ 761) 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. Form 990, Part VI, Line 4 Significant changes to organizational documents THE GOVERNING DOCUMENTS OF THE ORGANIZATION WERE AMENDED TO INCLUDE THE UNIVERSITY OF TULSA AS THE SOLE MEMBER OF THE ORGANIZATION. 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. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Adjustment to FMV - -2692079; FLT Holding Inc 501 S Lewis Ave TULSA OK 74101 862057310 NEW MARKET TAX CREDIT OK 501(c)(3) Type I FAB LAB true THE UNIVERSITY OF TULSA 800 S TUCKER DRIVE TULSA OK 71404 730579298 UNIVERSITY OK 501(c)(3) 2 NA false THE GILCREASE MANAGEMENT TRUST 800 S TUCKER DRIVE TULSA OK 74104 262205415 MANAGEMENT OK 501(c)(3) 7 UNIV TULSA true false false false false false false false false false false true false false false false false true false false FLT Holding Inc K 82267 FMV