Civic Intelligence

Thea Foundation

990 • Fiscal year 2024 • EIN 52-2356755

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 22, 2024

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

41st percentile

0.07x

Higher debt load relative to assets than 41% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.27x

Higher debt load relative to revenue than 62% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

82nd percentile

32%

Higher net margin than 82% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

41st percentile

$109,706

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

58th percentile

7.3%

Faster asset growth than 58% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

32%

Faster revenue growth than 76% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$6,184,325

Up $421,850 (+7.3%) from 2023

Net Assets

Up

$5,755,139

Up $388,660 (+7.2%) from 2023

Liabilities

Up

$429,186

Up $33,190 (+8.4%) from 2023

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin82nd percentile

Revenue

Up

$1,577,523

Up $380,800 (+32%) from 2023

Expenses

Up

$1,068,715

Up $54,335 (+5.4%) from 2023

Net Income

Up

$508,808

Up $326,465 (+179%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth58th 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

2024

Assets$6,184,325
Liabilities$429,186
Net Assets$5,755,139
Open 2024 Filing

Operations Trend

Revenue Growth76th 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

2024

Revenue$1,577,523
Expenses$1,068,715
Net Income$508,808
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 22, 2024
Return Version
2023v5.1
Gross Receipts
$3,510,746
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$3,300,067$2,800,232▼ $499,835
Savings and Temporary Cash Investments$952,136$1,508,234▲ $556,098
Land, Buildings, and Equipment, Net$1,140,135$1,273,884▲ $133,749
Cash and Non-Interest-Bearing Accounts$307,689$569,115▲ $261,426
Prepaid Expenses and Deferred Charges$18,663$20,730▲ $2,067
Pledges and Grants Receivable$18,108$9,870▼ $8,238
Accounts Receivable-$35-
Total Assets$5,762,475$6,184,325▲ $421,850
Other Assets Total$25,677$2,225▼ $23,452
Liabilities
Deferred Revenue$350,000$350,000→ $0
Accounts Payable and Accrued Expenses$40,844$75,341▲ $34,497
Other Liabilities$5,152$3,845▼ $1,307
Total Liabilities$395,996$429,186▲ $33,190
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,876,645$3,057,312▲ $180,667
Net Assets Without Donor Restrictions$2,489,834$2,697,827▲ $207,993
Total Net Assets Fund Balance$5,366,479$5,755,139▲ $388,660
Total Liabilities and Net Assets / Fund Balance$5,762,475$6,184,325▲ $421,850

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,112,908$515,984-
Other Land Buildings$25,887$13,186-
Land$125,000--
Equipment$10,089$28,021-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$2,012,887$23,355--$2,036,242
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
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nick LeopoulosExecutive DirectorFT$102,336$7,370$109,706

Board Members and Trustees

NameTitle
Dave HawseyPresident
Alex MontezDirector
David MarksDirector
Greg PilewskiDirector
Jennifer HerronDirector
Michael ShaefferDirector
Michele ShawDirector
Ramy ZimmerebnerDirector
Sharon HeflinDirector
Stephanie LamberthDirector
Bryant PhelanSecretary
Brent BlackTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Otis Evevator CompanyInstalled A New Elevator1527 S BOWMAN RD STE A, Little Rock, AR 72211$104,970
Revenue and Support

Revenue Composition

Contributions and Grants
$1,134,885
Program Service Revenue
$100,000
Investment Income
$378,702
Other Revenue
$-36,064
All Other Contributions
$354,545
Change in Net Assets
$508,808

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,577,523
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-22,704
Total Revenue per Audited Statements
$1,554,819
Total Revenue per Form 990
$1,577,523
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$519,293
Salaries, Compensation, and Employee Benefits$341,522
Grants and Similar Amounts Paid$207,900
Total Fundraising Expense$49,798
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$201,088$9,566$4,970$215,624
Grants to Domestic Individuals$207,900--$207,900
Other Salaries and Wages$157,001$39,250-$196,251
Current Officers, Directors, Trustees, and Key Employees$84,000$21,000-$105,000
Fees for Services Other$18,500$21,928-$40,428
Payroll Taxes$17,102$4,275-$21,377
Fees for Services Accounting-$19,716-$19,716
Depreciation Depletion$13,343$3,336-$16,679
Information Technology-$14,394-$14,394
Other Employee Benefits$11,410$2,852-$14,262
Insurance-$7,924$176$8,100
Other Expenses$1,078$2,552$2,549$6,179
Pension Plan Contributions$3,706$926-$4,632
All Other Expenses$262$2,592$1,319$4,173
Office Expenses$40$1,972-$2,012
Travel-$767$-145$622
Occupancy-$396-$396
Total Functional Expenses$864,840$154,077$49,798$1,068,715

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,166,159
Expenses per Audited Statements$1,068,715
Total Expenses per Form 990$1,068,715
Expenses Not Reported on Form 990$97,444
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
Ny Fundraiser$193,491---
Into the Blue$139,443---
Total Events$404,087---
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$3,845
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
2024-11-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nick Leopoulos
Formed
2001
Legal Domicile
Ar
Voting Board Members
12
Independent Board Members
12
Employees
4
Volunteers
25

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 97,444. Investment expense netted against investment income -12,239.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expense netted against rental income 97,444.”

Raw XML AppendixShowing 400 of 553 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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/TitleTxt12SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0404087
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt0275568
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0376253
IRS990/GrantAmt0207900
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0207900
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0207900
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02111347
IRS990/GrossReceiptsAmt03510746
IRS990/GrossRentsGrp/RealAmt061380
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt014394
IRS990/InformationTechnologyGrp/TotalAmt014394
IRS990/InsuranceGrp/FundraisingAmt0176
IRS990/InsuranceGrp/ManagementAndGeneralAmt07924
IRS990/InsuranceGrp/TotalAmt08100
IRS990/InvestmentExpenseAmt0-12239
IRS990/InvestmentIncomeGrp/ExclusionAmt0103134
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0103134
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03300067
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02800232
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0557191
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01140135
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01273884
IRS990/LandBldgEquipCostOrOtherBssAmt01831075
IRS990/LegalDomicileStateCd0AR
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01835779
IRS990/LessRentalExpensesGrp/RealAmt097444
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/NetAssetsOrFundBalancesBOYAmt05366479
IRS990/NetAssetsOrFundBalancesEOYAmt05755139
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0275568
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0275568
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-36064
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-36064
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-107909
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02489834
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02697827
IRS990/NoncashContributionsAmt03901
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0396
IRS990/OccupancyGrp/TotalAmt0396
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01972
IRS990/OfficeExpensesGrp/ProgramServicesAmt040
IRS990/OfficeExpensesGrp/TotalAmt02012
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt025677
IRS990/OtherAssetsTotalGrp/EOYAmt02225
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02852
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011410
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014262
IRS990/OtherExpensesGrp/Desc0ART SUPPLIES
IRS990/OtherExpensesGrp/Desc1EVENT EXPENSE
IRS990/OtherExpensesGrp/Desc2GALLERY EXPENSE
IRS990/OtherExpensesGrp/Desc3PRINTING
IRS990/OtherExpensesGrp/FundraisingAmt040929
IRS990/OtherExpensesGrp/FundraisingAmt12549
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0631
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12552
IRS990/OtherExpensesGrp/ProgramServicesAmt0130098
IRS990/OtherExpensesGrp/ProgramServicesAmt111083
IRS990/OtherExpensesGrp/ProgramServicesAmt28229
IRS990/OtherExpensesGrp/ProgramServicesAmt31078
IRS990/OtherExpensesGrp/TotalAmt0130098
IRS990/OtherExpensesGrp/TotalAmt152012
IRS990/OtherExpensesGrp/TotalAmt28860
IRS990/OtherExpensesGrp/TotalAmt36179
IRS990/OtherLiabilitiesGrp/BOYAmt05152
IRS990/OtherLiabilitiesGrp/EOYAmt03845
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt039250
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0157001
IRS990/OtherSalariesAndWagesGrp/TotalAmt0196251
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04275
IRS990/PayrollTaxesGrp/ProgramServicesAmt017102
IRS990/PayrollTaxesGrp/TotalAmt021377
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0926
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03706
IRS990/PensionPlanContributionsGrp/TotalAmt04632
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt018108
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt09870
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018663
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020730
IRS990/PrincipalOfficerNm0NICK LEOPOULOS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0ARTS RECONSTRUCTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0100000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0100000
IRS990/ProgSrvcAccomActy2Grp/Desc0THEA'S ART CLOSET IS A PROGRAM THAT FUNDS ART-FOCUSED PROJECTS IN ARKANSAS FOR K-12 STUDENTS MATCHING DOLLARS FROM DONORS CHOOSE. IN THE 2023-2024 SCHOOL YEAR, THEA FUNDED 308 PROJECTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0271980
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/ExpenseAmt0230261
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0100000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PUBLIC SERVICES - ART DEPARTMENT.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt084620
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0953514
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0201000
IRS990/PYInvestmentIncomeAmt0278706
IRS990/PYOtherExpensesAmt0475877
IRS990/PYOtherRevenueAmt0-35497
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0182343
IRS990/PYSalariesCompEmpBnftPaidAmt0337503
IRS990/PYTotalExpensesAmt01014380
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01196723
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0508808
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-36064
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0952136
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01508234
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01134885
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0953514
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0809557
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0568238
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0560854
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04027048
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0164514
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0137144
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0117954
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0125508
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0132386
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0677506
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85600
IRS990ScheduleA/PublicSupportPY170Pct00.85600
IRS990ScheduleA/PublicSupportTotal170Amt04027048
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01134885
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0953514
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0809557
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0568238
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0560854
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04027048
IRS990ScheduleA/TotalSupportAmt04704554
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/BookValueAmt01112908
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0515984
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01628892
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02012887
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt023355
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02036242
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02012554
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0333
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02012887
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02012554
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02012554
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0483
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02013037

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,184,325
Liabilities
$429,186
Net assets
$5,755,139
Revenue
$1,577,523
Expenses
$1,068,715
Net income
$508,808
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