Civic Intelligence

Walton Arts Center Foundation Inc

EIN 71-0646963 • 501(c)3 • Fayetteville, AR

Profile

NONE

PO Box 3547Fayetteville, AR 72702

www.waltonartscenter.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

6th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

2nd percentile

-145%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

61st percentile

8.7%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-39%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets5th percentile

Assets

Up

$19,316,668

Up $1,540,647 (+8.7%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$19,316,668

Up $1,540,647 (+8.7%) from 2023

Operations
Liabilities / Revenue6th percentileNet Margin2nd percentile

Revenue

Down

$301,624

Down $195,128 (-39%) from 2023

Expenses

Up

$738,065

Up $22,416 (+3.1%) from 2023

Net Income

Down

-$436,441

Down $217,544 (-99%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth61st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2011: $12,473,060Liabilities 2011: $0Net Assets 2011: $12,473,0602011Assets 2012: $12,056,043Liabilities 2012: $0Net Assets 2012: $12,056,0432012Assets 2013: $13,395,707Liabilities 2013: $0Net Assets 2013: $13,395,7072013Assets 2014: $13,989,938Liabilities 2014: $1,500,000Net Assets 2014: $12,489,9382014Assets 2015: $12,421,072Liabilities 2015: $0Net Assets 2015: $12,421,0722015Assets 2016: $12,580,937Liabilities 2016: $0Net Assets 2016: $12,580,9372016Assets 2017: $13,971,488Liabilities 2017: $0Net Assets 2017: $13,971,4882017Assets 2018: $14,792,572Liabilities 2018: $0Net Assets 2018: $14,792,5722018Assets 2019: $15,135,718Liabilities 2019: $0Net Assets 2019: $15,135,7182019Assets 2020: $14,781,235Liabilities 2020: $0Net Assets 2020: $14,781,2352020Assets 2021: $19,454,954Liabilities 2021: $0Net Assets 2021: $19,454,9542021Assets 2022: $17,710,449Liabilities 2022: $0Net Assets 2022: $17,710,4492022Assets 2023: $17,776,021Liabilities 2023: $0Net Assets 2023: $17,776,0212023Assets 2024: $19,316,668Liabilities 2024: $0Net Assets 2024: $19,316,6682024

Highlighted filing

2024

Assets$19,316,668
Liabilities$0
Net Assets$19,316,668
Open 2024 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2011: $580,7462011Expenses 2012: $606,9562012Expenses 2013: $557,9952013Revenue 2014: $562,475Expenses 2014: $1,174,683Net Income 2014: -$612,2082014Revenue 2015: $664,798Expenses 2015: $589,170Net Income 2015: $75,6282015Revenue 2016: $722,629Expenses 2016: $509,002Net Income 2016: $213,6272016Revenue 2017: $275,998Expenses 2017: $525,092Net Income 2017: -$249,0942017Revenue 2018: $734,384Expenses 2018: $532,395Net Income 2018: $201,9892018Revenue 2019: $166,476Expenses 2019: $550,200Net Income 2019: -$383,7242019Revenue 2020: $55,452Expenses 2020: $554,412Net Income 2020: -$498,9602020Revenue 2021: $360,565Expenses 2021: $878,092Net Income 2021: -$517,5272021Revenue 2022: $44,264Expenses 2022: $657,493Net Income 2022: -$613,2292022Revenue 2023: $496,752Expenses 2023: $715,649Net Income 2023: -$218,8972023Revenue 2024: $301,624Expenses 2024: $738,065Net Income 2024: -$436,4412024

Highlighted filing

2024

Revenue$301,624
Expenses$738,065
Net Income-$436,441
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$19,316,668
Liabilities
$0
Net assets
$19,316,668
Revenue
$301,624
Expenses
$738,065
Net income
-$436,441
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.3$0.00$19.3$0.30$0.74$0.44
2023Detailed filing. Detailed filing data is available for this year.$17.8$0.00$17.8$0.50$0.72$0.22
2022Detailed filing. Detailed filing data is available for this year.$17.7$0.00$17.7$0.04$0.66$0.61
2021Detailed filing. Detailed filing data is available for this year.$19.5$0.00$19.5$0.36$0.88$0.52
2020Detailed filing. Detailed filing data is available for this year.$14.8$0.00$14.8$0.06$0.55$0.50
2019Detailed filing. Detailed filing data is available for this year.$15.1$0.00$15.1$0.17$0.55$0.38
2018Detailed filing. Detailed filing data is available for this year.$14.8$0.00$14.8$0.73$0.53$0.20
2017Detailed filing. Detailed filing data is available for this year.$14.0$0.00$14.0$0.28$0.53$0.25
2016Detailed filing. Detailed filing data is available for this year.$12.6$0.00$12.6$0.72$0.51$0.21
2015Detailed filing. Detailed filing data is available for this year.$12.4$0.00$12.4$0.66$0.59$0.08
2014Detailed filing. Detailed filing data is available for this year.$14.0$1.50$12.5$0.56$1.17$0.61
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$0.00$13.4$0.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.1$0.00$12.1$0.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$0.00$12.5$0.58
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 8, 2024
Return Version
2023v5.1
Gross Receipts
$8,520,115
Mission and Program Overview

Mission

NONE

This entity is a supporting organization for the walton arts center council

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$17,776,021$19,316,668▲ $1,540,647
Total Assets$17,776,021$19,316,668▲ $1,540,647
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$17,776,021$19,316,668▲ $1,540,647
Total Net Assets Fund Balance$17,776,021$19,316,668▲ $1,540,647
Total Liabilities and Net Assets / Fund Balance$17,776,021$19,316,668▲ $1,540,647

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$19,316,668--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$17,776,021-▲ $2,243,646$703,000$19,316,667
2022$17,710,449-▲ $738,572$673,000$17,776,021
2021$19,454,954-▼ $1,148,505$596,000$17,710,449
2020$14,781,235-▲ $5,503,719$830,000$19,454,954
2019$15,135,718-▲ $176,543$531,026$14,781,235
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeOtherTotal
Bob PlessWac General Manager & SeniFT$149,288$149,288
Brian CrowneVP, AmpFT$138,285$138,285
Jennifer RossVP, ProgrammingFT$132,880$132,880
Kyle MayDirector of Development Walmart AmpFT$122,404$122,404
Jo BaileyDirector of Food & BeverageFT$119,700$119,700

Board Members and Trustees

NameTitle
Gary PetersChair
Peter LaneCEO/president
Kelly SudduthVice Chair
Al DominguezBoard Member
Brett BiggsBoard Member
Jeff ClapperBoard Member
Mark PowerBoard Member
Marybeth HaysBoard Member
Jonathan DowneyDirector of Information Te
Tim VogtCFO/VP, Finance
Jeff MannChief Operating Officer
Nick ZazalGeneral Manager, Amp
Jaclyn HendersonSecretary/treasurer
Becky BrinkVP of Development
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$301,624
Other Revenue
$0
Change in Net Assets
$-436,441

Audited Revenue Reconciliation

Revenue per Audited Statements
$301,624
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,977,088
Total Revenue per Audited Statements
$2,278,712
Total Revenue per Form 990
$301,624
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$687,000
Other Expenses$51,065
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$687,000--$687,000
Fees for Service Investment Mgmnt Fees-$35,065-$35,065
Fees for Services Other-$9,500-$9,500
Fees for Services Accounting-$5,000-$5,000
Other Expenses-$1,500-$1,500
Total Functional Expenses$687,000$51,065$0$738,065

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$738,065
Total Expenses per Audited Statements$738,065
Total Expenses per Form 990$738,065
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Walton Arts Center Council IncFayetteville, AR(c)To Support the Operations of the Walton Arts Center Council, Inc.$687,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The board receives a copy of the 990 for review.”

Form 990, Part VI, Section B, Line 15

“A written employment contract was used to establish the compensation of the ceo. Internal salaries are measured against benchmarks from independent market studies.”

Form 990, Part VI, Section C, Line 19

“All documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Walton Arts Center Foundation Inc
EIN
71-0646963
Phone
4794439216
Address
PO BOX 3547, FAYETTEVILLE, AR 72702

Signing Officer

Name
Peter Lane
Title
CEO/president
Phone
4794439216
Signed
2024-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Lane
Formed
1992
Legal Domicile
Ar
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
Frost Pllc
Address
4375 N VANTAGE DRIVE SUITE 403, FAYETTEVILLE, AR 72703
Preparer
Janet M Ptacek
Phone
4796954300
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“Organization did not change its oversight process or selection process during the tax year”

Financial Statement Notes

PART X, LINE 2:

“The foundation's policy with respect to evaluating uncertain tax positions is based upon whether management believes it is more likely than not the uncertain tax positions will be sustained upon review by the taxing authorities, then the foundation shall initially and subsequently measure the largest amount of tax benefit that is greater than 50% likely of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The tax positions must meet the more-likely-than-not recognition threshold with consideration given to the amounts and probabilities of the outcomes that could be realized upon settlement using the facts, circumstances and information at the reporting date. The foundation will reflect only the portion of the tax benefit that will be sustained upon resolution of the position and applicable interest on the portion of the tax benefit not recognized. Based upon management's assessment, there are no uncertain tax positions expected to have a material impact on the foundations combined financial statements.”

Raw XML AppendixShowing 400 of 607 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/TitleTxt1BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CEO/PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9CFO/VP, FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP OF DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR OF DEVELOPMENT WALMART AMP
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF FOOD & BEVERAGE
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR OF INFORMATION TE
IRS990/Form990PartVIISectionAGrp/TitleTxt15GENERAL MANAGER, AMP
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP, AMP
IRS990/Form990PartVIISectionAGrp/TitleTxt17VP, PROGRAMMING
IRS990/Form990PartVIISectionAGrp/TitleTxt18WAC GENERAL MANAGER & SENI
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0138180
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0687000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0687000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0687000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt08356671
IRS990/GrossReceiptsAmt08520115
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0163444
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0163444
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt017776021
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt019316668
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0AR
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt08218491
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NONE
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt017776021
IRS990/NetAssetsOrFundBalancesEOYAmt019316668
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0138180
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0138180
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01977088
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01500
IRS990/OtherExpensesGrp/TotalAmt01500
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0PETER LANE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0657000
IRS990/PYInvestmentIncomeAmt0496752
IRS990/PYOtherExpensesAmt058649
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-218897
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0715649
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0496752
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-436441
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0710647212
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0687000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0WALTON ARTS CENTER COUNCIL INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0687000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt017776021
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt019316667
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02243646
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0703000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt017710449
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt017776021
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0738572
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0673000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt019454954
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt017710449
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1148505
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0596000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt014781235
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt019454954
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05503719
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0830000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt015135718
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt014781235
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0176543
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0531026
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0738065
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01977088
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt019316668
IRS990ScheduleD/OtherSecuritiesGrp/Desc0POOLED INVESTMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.44062
IRS990ScheduleD/RevenueNotReportedAmt01977088
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0301624
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S POLICY WITH RESPECT TO EVALUATING UNCERTAIN TAX POSITIONS IS BASED UPON WHETHER MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THE UNCERTAIN TAX POSITIONS WILL BE SUSTAINED UPON REVIEW BY THE TAXING AUTHORITIES, THEN THE FOUNDATION SHALL INITIALLY AND SUBSEQUENTLY MEASURE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE TAX POSITIONS MUST MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD WITH CONSIDERATION GIVEN TO THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON SETTLEMENT USING THE FACTS, CIRCUMSTANCES AND INFORMATION AT THE REPORTING DATE. THE FOUNDATION WILL REFLECT ONLY THE PORTION OF THE TAX BENEFIT THAT WILL BE SUSTAINED UPON RESOLUTION OF THE POSITION AND APPLICABLE INTEREST ON THE PORTION OF THE TAX BENEFIT NOT RECOGNIZED. BASED UPON MANAGEMENT'S ASSESSMENT, THERE ARE NO UNCERTAIN TAX POSITIONS EXPECTED TO HAVE A MATERIAL IMPACT ON THE FOUNDATIONS COMBINED FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.55938
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt019316668
IRS990ScheduleD/TotalExpensesPerForm990Amt0738065
IRS990ScheduleD/TotalRevenuePerForm990Amt0301624
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02278712
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0738065
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0687000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0(C)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT THE OPERATIONS OF THE WALTON ARTS CENTER COUNCIL, INC.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0WALTON ARTS CENTER COUNCIL INC
IRS990ScheduleI/RecipientTable/RecipientEIN0710647212
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 3547
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FAYETTEVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AR
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd072702
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt50

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