Civic Intelligence

Thea Foundation

990 • Fiscal year 2023 • EIN 52-2356755

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 10, 2023

Organization ProfileTHEAFOUNDATION.ORG
401 Main St 100North Little Rock, AR 72114

(501) 379-3512

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

39th percentile

0.07x

Higher debt load relative to assets than 39% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

64th percentile

0.33x

Higher debt load relative to revenue than 64% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

70th percentile

15%

Higher net margin than 70% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

40th percentile

$105,130

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

47th percentile

4.6%

Faster asset growth than 47% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

75th percentile

25%

Faster revenue growth than 75% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$5,762,475

Up $252,095 (+4.6%) from 2022

Net Assets

Down

$5,366,479

Down $84,380 (-1.5%) from 2022

Liabilities

Up

$395,996

Up $336,475 (+565%) from 2022

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin70th percentile

Revenue

Up

$1,196,723

Up $242,191 (+25%) from 2022

Expenses

Up

$1,014,380

Up $287,051 (+39%) from 2022

Net Income

Down

$182,343

Down $44,860 (-20%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,880,090Liabilities 2010: $6,511Net Assets 2010: $1,873,5792010Assets 2011: $1,928,568Liabilities 2011: $7,255Net Assets 2011: $1,921,3132011Assets 2012: $2,437,422Liabilities 2012: $14,948Net Assets 2012: $2,422,4742012Assets 2013: $3,074,097Liabilities 2013: $33,962Net Assets 2013: $3,040,1352013Assets 2014: $4,489,044Liabilities 2014: $50,412Net Assets 2014: $4,438,6322014Assets 2015: $4,966,459Liabilities 2015: $132,300Net Assets 2015: $4,834,1592015Assets 2016: $5,197,080Liabilities 2016: $131,576Net Assets 2016: $5,065,5042016Assets 2017: $4,999,699Liabilities 2017: $94,808Net Assets 2017: $4,904,8912017Assets 2019: $5,380,498Liabilities 2019: $60,700Net Assets 2019: $5,319,7982019Assets 2020: $5,177,476Liabilities 2020: $107,152Net Assets 2020: $5,070,3242020Assets 2021: $5,712,592Liabilities 2021: $39,554Net Assets 2021: $5,673,0382021Assets 2022: $5,510,380Liabilities 2022: $59,521Net Assets 2022: $5,450,8592022Assets 2023: $5,762,475Liabilities 2023: $395,996Net Assets 2023: $5,366,4792023Assets 2024: $6,184,325Liabilities 2024: $429,186Net Assets 2024: $5,755,1392024Assets 2025: $6,168,422Liabilities 2025: $356,070Net Assets 2025: $5,812,3522025

Highlighted filing

2023

Assets$5,762,475
Liabilities$395,996
Net Assets$5,366,479
Open 2023 Filing

Operations Trend

Revenue Growth75th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $746,859Expenses 2010: $435,605Net Income 2010: $311,2542010Revenue 2011: $704,402Expenses 2011: $651,738Net Income 2011: $52,6642011Revenue 2012: $1,275,344Expenses 2012: $814,742Net Income 2012: $460,6022012Revenue 2013: $1,544,088Expenses 2013: $959,940Net Income 2013: $584,1482013Revenue 2014: $2,672,810Expenses 2014: $1,273,173Net Income 2014: $1,399,6372014Revenue 2015: $1,841,159Expenses 2015: $1,406,304Net Income 2015: $434,8552015Revenue 2016: $1,515,570Expenses 2016: $1,384,133Net Income 2016: $131,4372016Revenue 2017: $1,070,450Expenses 2017: $1,315,079Net Income 2017: -$244,6292017Revenue 2019: $1,056,553Expenses 2019: $848,457Net Income 2019: $208,0962019Revenue 2020: $813,759Expenses 2020: $865,197Net Income 2020: -$51,4382020Revenue 2021: $676,591Expenses 2021: $774,185Net Income 2021: -$97,5942021Revenue 2022: $954,532Expenses 2022: $727,329Net Income 2022: $227,2032022Revenue 2023: $1,196,723Expenses 2023: $1,014,380Net Income 2023: $182,3432023Revenue 2024: $1,577,523Expenses 2024: $1,068,715Net Income 2024: $508,8082024Revenue 2025: $873,274Expenses 2025: $1,092,132Net Income 2025: -$218,8582025

Highlighted filing

2023

Revenue$1,196,723
Expenses$1,014,380
Net Income$182,343
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$3,222,228
Mission and Program Overview

Mission

To advocate the importance of the arts in the development of our youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,521,078$3,300,067▲ $778,989
Land, Buildings, and Equipment, Net$1,152,160$1,140,135▼ $12,025
Savings and Temporary Cash Investments$1,497,280$952,136▼ $545,144
Cash and Non-Interest-Bearing Accounts$296,215$307,689▲ $11,474
Prepaid Expenses and Deferred Charges$18,924$18,663▼ $261
Pledges and Grants Receivable$24,275$18,108▼ $6,167
Accounts Receivable$290--
Total Assets$5,510,380$5,762,475▲ $252,095
Other Assets Total$158$25,677▲ $25,519
Liabilities
Deferred Revenue-$350,000-
Accounts Payable and Accrued Expenses$54,369$40,844▼ $13,525
Other Liabilities$5,152$5,152→ $0
Total Liabilities$59,521$395,996▲ $336,475
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,099,415$2,876,645▼ $222,770
Net Assets Without Donor Restrictions$2,351,444$2,489,834▲ $138,390
Total Net Assets Fund Balance$5,450,859$5,366,479▼ $84,380
Total Liabilities and Net Assets / Fund Balance$5,510,380$5,762,475▲ $252,095

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$999,901$478,087-
Other Land Buildings$1,893$10,679-
Land$125,000--
Equipment$13,341$24,769-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$2,012,554$333--$2,012,887
2021$2,012,554---$2,012,554
2020$2,013,037---$2,012,554
2019$1,989,108-▲ $23,929-$2,013,037
2018$1,989,108---$1,989,108
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Nick LeopoulosExecutive DirectorFT$105,130$105,130

Board Members and Trustees

NameTitle
Dave HawseyPresident
Alex MontezDirector
Brad CushmanDirector
David MarksDirector
Greg PilewskiDirector
Jennifer HerronDirector
Michele ShawDirector
Natalie RockefellerDirector
Ramy ZimmerebnerDirector
Sharon HeflinDirector
Andrew ManatosDirector Emeritus
President Bill ClintonDirector Emeritus
Bryant PhelanSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$953,514
Program Service Revenue
$0
Investment Income
$278,706
Other Revenue
$-35,497
All Other Contributions
$243,743
Change in Net Assets
$182,343

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,196,723
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$135,216
Total Revenue per Audited Statements
$1,331,939
Total Revenue per Form 990
$1,196,723
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$475,877
Salaries, Compensation, and Employee Benefits$337,503
Grants and Similar Amounts Paid$201,000
Total Fundraising Expense$53,018
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$201,703$7,215$12,112$221,030
Grants to Domestic Individuals$201,000--$201,000
Other Salaries and Wages$154,764$38,691-$193,455
Current Officers, Directors, Trustees, and Key Employees$83,584$20,896-$104,480
Fees for Services Other$16,000$21,641-$37,641
Payroll Taxes$16,984$4,246-$21,230
Depreciation Depletion$15,652$3,913-$19,565
Fees for Services Accounting-$18,798-$18,798
Information Technology-$14,144-$14,144
Other Employee Benefits$11,102$2,775-$13,877
Travel-$557$7,327$7,884
Insurance-$7,388-$7,388
All Other Expenses$598$3,253$697$4,548
Pension Plan Contributions$3,569$892-$4,461
Other Expenses$2,501$508$1,746$2,254
Office Expenses-$905-$905
Occupancy-$378-$378
Total Functional Expenses$801,890$159,472$53,018$1,014,380

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,116,319
Expenses per Audited Statements$1,014,380
Total Expenses per Form 990$1,014,380
Expenses Not Reported on Form 990$101,939
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Into the Blue$123,042---
THEA'S DAY OF GIVING$120,329---
Total Events$348,529---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Deposits$5,152
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Mailed a copy to each board member.”

Form 990, Part VI, Section B, Line 12C

“Thea foundation's bylaws require directors to diclose material facts to the board of directors regarding any actual or potential conflict of interest wihtin a reasonable time after the director becomes aware that a conflict exists, and before any vote is taken on a matter which could be affected by the director's opinions or statements on the issue subject to vote. Moreoever, a director is not allowed to vote on any transaction that may give rise to an actual/potential conflict of interest.”

Form 990, Part VI, Section B, Line 15

“Proposed compensation is compared to similar nonprofit executive directors around the nation with similar years of service and approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Thea Foundation
EIN
52-2356755
Phone
5013793512
Address
401 MAIN ST 100, NORTH LITTLE ROCK, AR 72114

Signing Officer

Name
Nick Leopoulos
Title
Executive Director
Phone
5013799512
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nick Leopoulos
Formed
2001
Legal Domicile
Ar
Voting Board Members
13
Independent Board Members
13
Employees
5
Volunteers
15

Preparer

Firm
Egp Pllc
Address
611 MAIN STREET, NORTH LITTLE ROCK, AR 72114-5395
Preparer
Jeff Crone CPA
Phone
5013742910
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The sole intended use of the endowment funds is to provide scholarships for students”

PART X, LINE 2:

“The foundation has been granted tax-exempt status as provided by the united states government under section 501(c)(3) of the internal revenue code. Financial accounting standards board ("fasb") accounting standards codification ("asc") 740, income taxes requires certain disclosures about uncertain income tax positions. When tax returns are filed, it is probable that most tax positions would be sustained upon examination by taxing authorities. However, it is also possible that some positions might be subject to uncertainty and result in a loss contingency if the amount can be reasonably estimated. The amount recognized is subject to estimation and the amount ultimately sustained for an individual uncertain tax position or for all uncertain tax positions in the aggregate could differ from the amount recognized. Currently, management does not believe that any uncertain tax positions exist under the provisions of fasb asc 740 or asc 450, contingencies. No penalties or interest by the internal revenue service ("irs") or a state taxing authority were incurred and recorded in these financial statements. The foundation has filed or will file all applicable federal and state income tax returns. Federal income tax statutes dictate that tax returns filed in any of the previous three reporting periods remain open to examination. This includes the tax returns filed for the years ending june 30, 2020, 2019, 2018, 2017. Currently, the foundation has no open examination with the internal revenue service.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Rental expense netted against rental income 101,939. Investment expense netted against investment income -12,109.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expense netted against rental income 101,939.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0348529
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt0208004
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt0361242
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0201000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0201000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02131570
IRS990/GrossReceiptsAmt03222228
IRS990/GrossRentsGrp/RealAmt066442
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt014144
IRS990/InformationTechnologyGrp/TotalAmt014144
IRS990/InsuranceGrp/ManagementAndGeneralAmt07388
IRS990/InsuranceGrp/TotalAmt07388
IRS990/InvestmentExpenseAmt0-12109
IRS990/InvestmentIncomeGrp/ExclusionAmt070702
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt070702
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02521078
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03300067
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0513535
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01152160
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01140135
IRS990/LandBldgEquipCostOrOtherBssAmt01653670
IRS990/LegalDomicileStateCd0AR
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01923566
IRS990/LessRentalExpensesGrp/RealAmt0101939
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05450859
IRS990/NetAssetsOrFundBalancesEOYAmt05366479
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0208004
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0208004
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-35497
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-35497
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt045386
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02351444
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02489834
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0378
IRS990/OccupancyGrp/TotalAmt0378
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0905
IRS990/OfficeExpensesGrp/TotalAmt0905
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0158
IRS990/OtherAssetsTotalGrp/EOYAmt025677
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02775
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011102
IRS990/OtherEmployeeBenefitsGrp/TotalAmt013877
IRS990/OtherExpensesGrp/Desc0ART SUPPLIES
IRS990/OtherExpensesGrp/Desc1EVENT EXPENSE
IRS990/OtherExpensesGrp/Desc2GALLERY EXPENSE
IRS990/OtherExpensesGrp/Desc3PRINTING
IRS990/OtherExpensesGrp/FundraisingAmt0211
IRS990/OtherExpensesGrp/FundraisingAmt130925
IRS990/OtherExpensesGrp/FundraisingAmt21746
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0182
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt113090
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2508
IRS990/OtherExpensesGrp/ProgramServicesAmt094433
IRS990/OtherExpensesGrp/ProgramServicesAmt12501
IRS990/OtherExpensesGrp/TotalAmt094826
IRS990/OtherExpensesGrp/TotalAmt133426
IRS990/OtherExpensesGrp/TotalAmt213090
IRS990/OtherExpensesGrp/TotalAmt32254
IRS990/OtherLiabilitiesGrp/BOYAmt05152
IRS990/OtherLiabilitiesGrp/EOYAmt05152
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt038691
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0154764
IRS990/OtherSalariesAndWagesGrp/TotalAmt0193455
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04246
IRS990/PayrollTaxesGrp/ProgramServicesAmt016984
IRS990/PayrollTaxesGrp/TotalAmt021230
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0892
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03569
IRS990/PensionPlanContributionsGrp/TotalAmt04461
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt024275
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt018108
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018924
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018663
IRS990/PrincipalOfficerNm0NICK LEOPOULOS
IRS990/PriorPeriodAdjustmentsAmt0-300000
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION AWARDS SCHOLARSHIPS TO HIGH SCHOOL SENIORS ACROSS THE STATE OF ARKANSAS. SCHOLARSHIP CATEGORIES INCLUDE VISUAL ART, PERFORMING ARTS, CREATIVE WRITING, FILMMAKING, AND FASHION DESIGN. THE MOTIVATION BEHIND THE SCHOLARSHIP PROGRAM IS TO REWARD HARDWORKING STUDENTS AND TO INSPIRE THEM TO BE CONFIDENT AND AMBITIOUS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0272225
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0201000
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ARTS RECONSTRUCTION PROGRAM PARTNERS WITH CULTURAL INSTITUTIONS AND ARTS ORGANIZATIONS IN ARKANSAS TO PROVIDE NEW AND AMPLIFY EXISTING ARTS PROGRAMMING WITHIN SCHOOLS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0179715
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PUBLIC SERVICES - ART DEPARTMENT.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt077650
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0809557
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0131500
IRS990/PYInvestmentIncomeAmt0163366
IRS990/PYOtherExpensesAmt0262401
IRS990/PYOtherRevenueAmt0-18391
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0227203
IRS990/PYSalariesCompEmpBnftPaidAmt0333428
IRS990/PYTotalExpensesAmt0727329
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0954532
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0182343
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-35497
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01497280
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0952136
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0953514
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0809557
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0568238
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0560854
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0952549
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03844712
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0137144
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0117954
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0125508
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0132386
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0133548
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0646540
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85600
IRS990ScheduleA/PublicSupportPY170Pct00.84900
IRS990ScheduleA/PublicSupportTotal170Amt03844712
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0953514
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0809557
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0568238
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0560854
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0952549
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03844712
IRS990ScheduleA/TotalSupportAmt04491252
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0999901
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0478087
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01477988
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02012554
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0333
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02012887
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02012554
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02012554
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0483
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02013037
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02012554
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01989108
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02013037
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt023929
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01989108
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01989108
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt013341
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024769
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt038110
IRS990ScheduleD/ExpensesNotReportedAmt0101939
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01014380

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,762,475
Liabilities
$395,996
Net assets
$5,366,479
Revenue
$1,196,723
Expenses
$1,014,380
Net income
$182,343
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.17$0.36$5.81$0.87$1.09$0.22
2024Detailed filing. Detailed filing data is available for this year.$6.18$0.43$5.76$1.58$1.07$0.51
2023Detailed filing. Detailed filing data is available for this year.$5.76$0.40$5.37$1.20$1.01$0.18
2022Detailed filing. Detailed filing data is available for this year.$5.51$0.06$5.45$0.95$0.73$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.71$0.04$5.67$0.68$0.77$0.10
2020Detailed filing. Detailed filing data is available for this year.$5.18$0.11$5.07$0.81$0.87$0.05
2019Detailed filing. Detailed filing data is available for this year.$5.38$0.06$5.32$1.06$0.85$0.21
2017Detailed filing. Detailed filing data is available for this year.$5.00$0.09$4.90$1.07$1.32$0.24
2016Detailed filing. Detailed filing data is available for this year.$5.20$0.13$5.07$1.52$1.38$0.13
2015Detailed filing. Detailed filing data is available for this year.$4.97$0.13$4.83$1.84$1.41$0.43
2014Detailed filing. Detailed filing data is available for this year.$4.49$0.05$4.44$2.67$1.27$1.40
2013Detailed filing. Detailed filing data is available for this year.$3.07$0.03$3.04$1.54$0.96$0.58
2012Summary only. Only limited summary data is available for this year.$2.44$0.01$2.42$1.28$0.81$0.46
2011Summary only. Only limited summary data is available for this year.$1.93$0.01$1.92$0.70$0.65$0.05
2010Summary only. Only limited summary data is available for this year.$1.88$0.01$1.87$0.75$0.44$0.31