2023.4_Board Orientation

2023 BUDGET

Consolidated Revenue ($20,260,035)

Events and Programs 10%

Forward Oklahoma City 13.4%

Membership 16%

City of OKC Contracts - Economic Development 8.4% EDA Grants for Economic Development 2.7% Oklahoma County Contract - Economic Development 1%

Other Income 1.1%

City of OKC Contract - ARPA Funds for Hospitality Industry 8.9%

City of OKC Contract - Visitor Development 38.5%

Consolidated Expenses* ($20,664,115)

*Expenses exceed revenues primarily due to the timing of *FOKC revenues versus expenses over the five year program.

Special Projects and Other Government Relations 1.0%

Personnel 37.8%

Communications/Marketing 7.7%

1.0%

Education & Workforce

0.5%

EDA Grants for Economic Development 2.7%

Membership

0.3%

Occupancy & Overhead

Economic Development 7.4%

5.5%

E

CD

B

A

City of OKC Contract - ARPA Funds for Hospitality Industry 8.7%

Visitor Development 27.4%

15 THE GREATER OKLAHOMA CITY CHAMBER •

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