TULSA, Okla. —
Tulsa County commissioners took no action Monday against the Oklahoma Jazz Hall of Fame after the nonprofit announced it had raised enough money to pay off its long-overdue bills.
The commissioners had given the jazz hall an ultimatum last month to pay tens of thousands of dollars in delinquent bills by early October or face eviction.
Jazz hall executives told the commissioners at a special meeting Monday that the organization had cut checks totaling more than $75,000 to pay overdue assessments, insurance and utility bills.
Jason McIntosh, the hall’s chief executive officer, told commissioners the checks were either sent to the county late Friday or were being processed Monday. McIntosh said it could take a day or so extra for some checks to clear because of the Columbus Day holiday.
The commissioners said they were pleased with the effort by the jazz hall to erase its debts.
“As a fan of jazz music for years and years and years ... I’m certainly very happy,” said Commissioner Fred Perry, one of three commissioners who serve as trustees of the county’s industrial authority, which has oversight over the jazz hall. “I’m glad to see progress has been made toward the obligations, so that’s good news.”
Commissioner John Smaligo indicated it would be business as usual between the county and the jazz hall.
“We can continue to move forward as we have in the past,” he said.
McIntosh estimated that nearly 100 donors from across the country came forward to help after learning of the facility’s financial troubles.
“We’re overwhelmed,” McIntosh said after the meeting. “We’ve come a long way, but we’ve got a long way to go.”
The 24-year-old nonprofit has struggled to stay afloat after years of bad budgeting decisions and a souring economy. This spring, a nearly $4,000 check cut by the jazz hall to cover a half-year’s insurance on its building bounced.
Past tax documents are littered with red ink, too. Between Oct. 1, 2009 and Sept. 30, 2010, the organization reported revenue of $354,429 and expenses of $449,714 — a deficit topping $95,000. The next fiscal year, the center made only around $31,000.
Part of the problem for the hall’s executives is letting people know that the museum, whose admission is free, exists and why Oklahoma needs it.
Dozens of musicians have been inducted, even if they don’t hail from Oklahoma. They include greats such as Dizzy Gillespie and Ella Fitzgerald, as well as Okie-born guitarist Tommy Crook.
Jazz in Oklahoma evolved as African-Americans migrated from the South to the Midwest. Many pioneers of Kansas City swing had roots in Oklahoma City and Tulsa. The legendary Count Basie cut his teeth in the state and returned its clubs to recruit new talent.
North Tulsa’s Greenwood District, which historians call Black Wall Street because of its thriving shops, newspapers and nightclubs, was a hotbed for up-and-coming acts.
.
Business
Tulsa commission takes no action against jazz hall
- Business
-
-
Stocks head lower, market on track for weekly loss
The stock market headed slightly lower Friday, keeping on track for its first weekly loss in a month.
-
Summer travel forecast: Better, but no blowout
This summer, high rollers are flying to lavish hot spots for their vacations. The rest of us are driving to less luxurious places like nearby campgrounds.
-
Schumer urges look at security in Sprint deal
Sen. Charles Schumer urged regulators to “use extreme caution” when reviewing the proposed acquisition of No. 3 cell carrier Sprint Nextel by Japan’s Softbank, saying the Japanese company’s use of Chinese networking equipment could open up U.S. networks to snooping and hacking.
-
Kid Rock, Rolling Stones on scalping, summer tours
Kid Rock is a scalper. The 42-year-old Grammy winner, who is launching a summer tour where most tickets are priced at $20, said he’s holding about 1,000 tickets from each show and reselling them on ticketsnow.com — owned by Ticketmaster — to make up for the cheaper regular price he’s offering.
-
US rig count down 7 to 1,762
Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural gas in the U.S. dropped by seven this week to 1,762.
-
West Virginia joins fight to EPA greenhouse gas rules
West Virginia’s governor and attorney general are joining two other states that are seeking to challenge federal environmental rules on greenhouse gas emissions.
-
Why worry? Less aid by Fed would point to recovery
Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected.
-
Sears reports bigger-than-expected 1Q loss
Sears Holdings Corp. reported a steeper-than-expected loss for its first quarter with the beleaguered retailer blaming a cooler spring for falling sales.
-
Procter & Gamble brings back A.G. Lafley as CEO
Procter & Gamble Co. is bringing back its former CEO, as the world’s largest consumer-products maker tries to spur global growth.
-
Asia stocks extend losses after big sell-off
Asian stocks continued to retreat Friday after being routed the day before by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus.
- More Business Headlines
-



