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    <Timestamp>2013-07-25T12:51:22-05:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>300073687</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>Nelson &amp; Nelson CPAs Inc</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>1684 Venture Drive Suite B</AddressLine1>
        <City>Mount Vernon</City>
        <State>OH</State>
        <ZIPCode>43050</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>311696161</EIN>
      <Name>
        <BusinessNameLine1>Owl Creek Conservancy</BusinessNameLine1>
      </Name>
      <NameControl>OWLC</NameControl>
      <Phone>7403582109</Phone>
      <USAddress>
        <AddressLine1>PO Box 291</AddressLine1>
        <City>Mount Vernon</City>
        <State>OH</State>
        <ZIPCode>43050</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Ian Watson</Name>
      <Title>Treasurer</Title>
      <Phone>7403582109</Phone>
      <DateSigned>2013-07-22</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>Sally A Nelson</Name>
      <PTIN>P00271594</PTIN>
      <Phone>7403970779</Phone>
      <DatePrepared>2013-07-22</DatePrepared>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
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      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <WebSite>www.owlcreekconservancy.org</WebSite>
      <Organization501c3 referenceDocumentId="RetDoc1039100001">X</Organization501c3>
      <GrossReceipts>199519</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>155926</ContributionsGiftsGrantsEtc>
      <MembershipDues>19885</MembershipDues>
      <InvestmentIncome>1347</InvestmentIncome>
      <GrossAmountFromSaleOfAssets>20266</GrossAmountFromSaleOfAssets>
      <CostOtherBasisAndSalesExpenses>18314</CostOtherBasisAndSalesExpenses>
      <GainOrLossFromSaleOfAssets>1952</GainOrLossFromSaleOfAssets>
      <FundraisingGrossIncome>1065</FundraisingGrossIncome>
      <SpecialEventsNetIncomeLoss>1065</SpecialEventsNetIncomeLoss>
      <GrossSalesOfInventory>1030</GrossSalesOfInventory>
      <CostOfGoodsSold>620</CostOfGoodsSold>
      <GroProfitLossSalesOfInventory>410</GroProfitLossSalesOfInventory>
      <TotalRevenue>180585</TotalRevenue>
      <FeesAndOthPymtToIndContractors>9099</FeesAndOthPymtToIndContractors>
      <OccupancyRentUtilitiesAndMaint>858</OccupancyRentUtilitiesAndMaint>
      <PrintingPublicationsPostage>3018</PrintingPublicationsPostage>
      <OtherExpensesTotal>10032</OtherExpensesTotal>
      <TotalExpenses>23007</TotalExpenses>
      <ExcessOrDeficitForYear>157578</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>214086</NetAssetsOrFundBalancesBOY>
      <OtherChangesInNetAssets>4126</OtherChangesInNetAssets>
      <NetAssetsOrFundBalancesEOY>375790</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartII>X</InfoInScheduleOPartII>
      <CashSavingsAndInvestments>
        <BOY>175880</BOY>
        <EOY>316763</EOY>
      </CashSavingsAndInvestments>
      <OtherAssetsTotal>
        <BOY>38206</BOY>
        <EOY>59027</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>214086</BOY>
        <EOY>375790</EOY>
      </TotalAssets>
      <SumOfTotalLiabilities>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </SumOfTotalLiabilities>
      <NetAssetsOrFundBalances>
        <BOY>214086</BOY>
        <EOY>375790</EOY>
      </NetAssetsOrFundBalances>
      <InfoInScheduleOPartIII>X</InfoInScheduleOPartIII>
      <PrimaryExemptPurpose>Conserving land in Knox and surrounding counties.</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Obtaining easements. Land acquisition expenses - surveying, appraising, legal and related expenses (state registration, insurance and memberships).</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>0</GrantsAndAllocations>
        <ProgramServiceExpenses>5503</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Monitoring easements.</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>0</GrantsAndAllocations>
        <ProgramServiceExpenses>2766</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Education. Education through annual meeting and report, private consultations regarding easements with interested parties coordinated with another land trust, website and public events highlighting nature.</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>0</GrantsAndAllocations>
        <ProgramServiceExpenses>4150</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <TotalProgramServiceExpenses>12419</TotalProgramServiceExpenses>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Richard Stallard</PersonName>
        <Title>Executive Director</Title>
        <AvgHoursPerWkDevotedToPosition>11.31</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Raymond Heithaus</PersonName>
        <Title>President</Title>
        <AvgHoursPerWkDevotedToPosition>2.12</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Howard Gratz</PersonName>
        <Title>Vice-President</Title>
        <AvgHoursPerWkDevotedToPosition>1.30</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>David Pressler</PersonName>
        <Title>Secretary</Title>
        <AvgHoursPerWkDevotedToPosition>0.46</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Elizabeth Montgomery</PersonName>
        <Title>Board Member</Title>
        <AvgHoursPerWkDevotedToPosition>0.92</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Barbara Spitzer</PersonName>
        <Title>Board Member</Title>
        <AvgHoursPerWkDevotedToPosition>0.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Ian Watson</PersonName>
        <Title>Treasurer</Title>
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        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Mark Leonard</PersonName>
        <Title>Board Member</Title>
        <AvgHoursPerWkDevotedToPosition>1.19</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Eric Holdener</PersonName>
        <Title>Board Member</Title>
        <AvgHoursPerWkDevotedToPosition>0.35</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Scott Craigo</PersonName>
        <Title>Board Member</Title>
        <AvgHoursPerWkDevotedToPosition>0.69</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <InfoInScheduleOPartV>X</InfoInScheduleOPartV>
      <ActivitiesNotPreviouslyRpt>0</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>0</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>0</OrganizationHadUBI>
      <SubjectToProxyTax>0</SubjectToProxyTax>
      <OrganizationDissolvedEtc>0</OrganizationDissolvedEtc>
      <DirectIndirectPoliticalExpend>0</DirectIndirectPoliticalExpend>
      <MadeLoansToFromOfficers>0</MadeLoansToFromOfficers>
      <TaxImposedUnderIRC4911>0</TaxImposedUnderIRC4911>
      <TaxImposedUnderIRC4912>0</TaxImposedUnderIRC4912>
      <TaxImposedUnderIRC4955>0</TaxImposedUnderIRC4955>
      <EngagedInExcessBenefitTrans>0</EngagedInExcessBenefitTrans>
      <AmountOfTaxImposedOnOrgMgr>0</AmountOfTaxImposedOnOrgMgr>
      <AmountOfTaxReimbursedByOrg>0</AmountOfTaxReimbursedByOrg>
      <ProhibitedTaxShelterTrans>0</ProhibitedTaxShelterTrans>
      <StatesWhereCopyOfReturnIsFiled>OH</StatesWhereCopyOfReturnIsFiled>
      <TheBooksAreInCareOf>
        <NameBusiness>
          <BusinessNameLine1>Ian Watson</BusinessNameLine1>
        </NameBusiness>
        <AddressUS>
          <AddressLine1>1100 Colville Road</AddressLine1>
          <City>Mount Vernon</City>
          <State>OH</State>
          <ZIPCode>430500262</ZIPCode>
        </AddressUS>
        <TelephoneNumber>7403582109</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>0</ForeignFinancialAccount>
      <ForeignOffice>0</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>0</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>0</DoesOrgHaveHospital>
      <TanningServicesProvided>0</TanningServicesProvided>
      <RelatedOrgControlledEntity>0</RelatedOrgControlledEntity>
      <EngagePoliticalCmpgnActivities>0</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>0</EngageInLobbyingActivities>
      <OperatingSchool>0</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>0</TrnsfrsExemptNonCharRelatedOrg>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
      <FiledScheduleA>1</FiledScheduleA>
    </IRS990EZ>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <PubliclySupportedOrg170b1Avi>X</PubliclySupportedOrg170b1Avi>
      <GiftsGrantsContribReceived170>
        <CurrentTaxYearMinus4Years>26470</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>35524</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>22911</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>209788</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>175811</CurrentTaxYear>
        <Total>470504</Total>
      </GiftsGrantsContribReceived170>
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        <CurrentTaxYearMinus4Years>26470</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>35524</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>22911</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>209788</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>175811</CurrentTaxYear>
        <Total>470504</Total>
      </Total170>
      <AmountsSubstContributorsTotal>173947</AmountsSubstContributorsTotal>
      <PublicSupportTotal170>296557</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <CurrentTaxYearMinus4Years>6077</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>1594</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>1057</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>835</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>1347</CurrentTaxYear>
        <Total>10910</Total>
      </GrossInvestmentIncome170>
      <TotalSupport>481414</TotalSupport>
      <GrossReceiptsFromAdmissionsEtc>10904</GrossReceiptsFromAdmissionsEtc>
      <PublicSupportPertcentage170>0.61600</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>0.77890</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleO documentId="RetDoc1051800001">
      <GeneralExplanation>
        <Identifier>Other Investment Income</Identifier>
        <ReturnReference>Form 990-EZ, Part I, Line 4</ReturnReference>
        <Explanation>Interest 305.. Dividends 1,042.. Total Included on Form 990-EZ, line 4: 1,347.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Income from Sales of Inventory</Identifier>
        <ReturnReference>Form 990-EZ, Part I, Line 7</ReturnReference>
        <Explanation>Income: Gross Receipts: 1,030. Returns and Allowances: 0. Less Cost of Goods Sold: 620. Gross Profit: 410. Cost of Goods Sold: Inventory at Beginning of Year: 2,040. Merchandise Purchased: 0. Cost of Labor: 0. Materials and Supplies: 0. Other Costs: 0. Inventory at End of Year: 1,420. Cost of Goods Sold: 620.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Other Expenses</Identifier>
        <ReturnReference>Form 990-EZ, Part I, Line 16</ReturnReference>
        <Explanation>Description: Insurance. Amount: 1,595. Description: Web Expense. Amount: 55. Description: Dues. Amount: 588. Description: Ohio Annual Fee/Sales Tax. Amount: 161. Description: Easement Expenses. Amount: 2,920. Description: Meetings. Amount: 532. Description: In-kind Donations. Amount: 1,476. Description: Education. Amount: 2,705. Total to Form 990-EZ, line 16: 10,032.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Other Changes in Net Assets</Identifier>
        <ReturnReference>Form 990-EZ, Part I, Line 20</ReturnReference>
        <Explanation>Description: Unrealized gain on investments. Amount: 4,126.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Other Assets</Identifier>
        <ReturnReference>Form 990-EZ, Part II, Line 24</ReturnReference>
        <Explanation>Description: Inventory. Beg. of Year Amount: 2,040. End of Year Amount: 1,420. Description: Investments - Vanguard. Beg. of Year Amount: 36,166. End of Year Amount: 57,607.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
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      <Declaration>The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.</Declaration>
    </TransferPrsnlBnftContractsDecl>
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