Civic Intelligence

Arkansas Arts Academy

990 • Fiscal year 2015 • EIN 71-0832162

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 10, 2016

Organization ProfileWWW.BCSA.K12.AR.US
1110 W Poplar St Ste ARogers, AR 72756

(479) 878-2787

Siviq Scores

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

Liabilities / Assets

85th percentile

0.77x

Higher debt load relative to assets than 85% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

81st percentile

1.03x

Higher debt load relative to revenue than 81% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

54th percentile

3.8%

Higher net margin than 54% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

42nd percentile

$104,200

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

52nd percentile

1.0%

Faster asset growth than 52% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

77th percentile

18%

Faster revenue growth than 77% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$8,885,958

Up $87,556 (+1.0%) from 2014

Net Assets

Up

$2,005,904

Up $254,466 (+15%) from 2014

Liabilities

Down

$6,880,054

Down $166,910 (-2.4%) from 2014

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin54th percentile

Revenue

Up

$6,701,166

Up $1,040,600 (+18%) from 2014

Expenses

Up

$6,446,702

Up $825,774 (+15%) from 2014

Net Income

Up

$254,464

Up $214,826 (+542%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$10M$5.0M$0Assets 2012: $8,990,790Liabilities 2012: $7,217,722Net Assets 2012: $1,773,0682012Assets 2013: $8,805,411Liabilities 2013: $7,093,611Net Assets 2013: $1,711,8002013Assets 2014: $8,798,402Liabilities 2014: $7,046,964Net Assets 2014: $1,751,4382014Assets 2015: $8,885,958Liabilities 2015: $6,880,054Net Assets 2015: $2,005,9042015Assets 2016: $2,236,717Liabilities 2016: $402,997Net Assets 2016: $1,833,7202016Assets 2017: $1,858,653Liabilities 2017: $738,277Net Assets 2017: $1,120,3762017Assets 2018: $5,673,361Liabilities 2018: $1,245,671Net Assets 2018: $4,427,6902018Assets 2019: $1,131,108Liabilities 2019: $380,498Net Assets 2019: $750,6102019Assets 2020: $1,217,662Liabilities 2020: $391,685Net Assets 2020: $825,9772020Assets 2021: $1,425,576Liabilities 2021: $483,989Net Assets 2021: $941,5872021Assets 2022: $1,636,556Liabilities 2022: $435,408Net Assets 2022: $1,201,1482022Assets 2023: $1,761,782Liabilities 2023: $462,922Net Assets 2023: $1,298,8602023Assets 2024: $1,024,860Liabilities 2024: $123,552Net Assets 2024: $901,3082024

Highlighted filing

2015

Assets$8,885,958
Liabilities$6,880,054
Net Assets$2,005,904
Open 2015 Filing

Operations Trend

Revenue Growth77th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2012: $5,468,8232012Expenses 2013: $5,632,2642013Revenue 2014: $5,660,566Expenses 2014: $5,620,928Net Income 2014: $39,6382014Revenue 2015: $6,701,166Expenses 2015: $6,446,702Net Income 2015: $254,4642015Revenue 2016: $6,473,471Expenses 2016: $6,169,190Net Income 2016: $304,2812016Revenue 2017: $6,870,047Expenses 2017: $7,583,391Net Income 2017: -$713,3442017Revenue 2018: $6,860,565Expenses 2018: $6,846,246Net Income 2018: $14,3192018Revenue 2019: $8,557,098Expenses 2019: $8,431,059Net Income 2019: $126,0392019Revenue 2020: $9,437,252Expenses 2020: $9,227,214Net Income 2020: $210,0382020Revenue 2021: $10,167,961Expenses 2021: $10,030,258Net Income 2021: $137,7032021Revenue 2022: $11,845,597Expenses 2022: $11,592,589Net Income 2022: $253,0082022Revenue 2023: $11,867,753Expenses 2023: $11,770,041Net Income 2023: $97,7122023Revenue 2024: $12,168,510Expenses 2024: $12,566,062Net Income 2024: -$397,5522024

Highlighted filing

2015

Revenue$6,701,166
Expenses$6,446,702
Net Income$254,464
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 10, 2016
Return Version
2014v6.0
Gross Receipts
$6,701,166
Mission and Program Overview

Mission

The mission is to provide a rigourous academic program with a purposed integration of the arts. Challenging our students academically while providing them with an arts enchanced curriculum.

Operation of a tuition-free public school, grades k-12, teaches a basic skills program with an arts based curriculum. The school is operated on a charter with the state of arkansas services approximately 800 students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,212,194$7,089,555▼ $122,639
Cash and Non-Interest-Bearing Accounts$731,789$922,896▲ $191,107
Savings and Temporary Cash Investments$592,003$654,407▲ $62,404
Total Assets$8,798,402$8,885,958▲ $87,556
Other Assets Total$262,416$219,100▼ $43,316
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,002,525$6,880,054▼ $122,471
Accounts Payable and Accrued Expenses$44,439--
Total Liabilities$7,046,964$6,880,054▼ $166,910
Net Assets / Fund Balance
Unrestricted Net Assets$1,751,438$1,950,096▲ $198,658
Temporarily Rstr Net Assets-$55,808-
Total Net Assets Fund Balance$1,751,438$2,005,904▲ $254,466
Total Liabilities and Net Assets / Fund Balance$8,798,402$8,885,958▲ $87,556

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,211,990$1,034,195$7,246,185
Equipment$517,328$1,389,296$1,906,624
Land$360,237-$360,237
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Mary LeyCEO/superintendentFT$104,200$104,200

Board Members and Trustees

NameTitle
David RussellPresident
Tony BeardsleyVice-president
Alicia KnottsMember
Howard AlsdorfMember
Kevin WestMember
Wes AbbottMember
Darlene MclernonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$810,361
Program Service Revenue
$5,890,805
Investment Income
$0
Other Revenue
$0
All Other Contributions
$810,361
Change in Net Assets
$254,464

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,701,166
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,701,166
Total Revenue per Form 990
$6,701,166
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,059,919
Other Expenses$2,386,783
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,946,419$231,432-$3,177,851
Pension Plan Contributions$409,578$35,615-$445,193
Interest$425,380$4,297-$429,677
Depreciation Depletion$380,162$3,840-$384,002
Fees for Services Other$271,015--$271,015
Occupancy$225,757$44,249-$270,006
Payroll Taxes$223,863$19,466-$243,329
Current Officers, Directors, Trustees, and Key Employees$88,570$15,630-$104,200
Other Employee Benefits$82,198$7,148-$89,346
Insurance$68,613$693-$69,306
Travel$45,096--$45,096
Other Expenses$4,695$188,416-$4,695
Office Expenses-$2,784-$2,784
Advertising-$2,577-$2,577
All Other Expenses$2,207--$2,207
Total Functional Expenses$5,890,555$556,147$0$6,446,702

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,446,702
Total Expenses per Audited Statements$6,446,702
Total Expenses per Form 990$6,446,702
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
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 11

“A copy of the 990 is provided to the board of directors for review and approval prior to filing with the irs.”

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

“The arkansas department of education provides the school with a conflict of interest policy which they follow. Each year, the school requires all employees and board members to complete this form, disclosing any conflicts of interest.”

Form 990, Part VI, Section B, Line 15A

“At inception, the school established a salary schedule for various employment positions at the school. The salary schedule lists annual salary by position type and number of years of service. Each year, employees are given raises based on this salary schedule. The salary schedules are available online for public inspection.”

Form 990, Part VI, Section C, Line 18

“Made available via guidestar website and upon request.”

Form 990, Part VI, Section C, Line 19

“The school makes various documents, including salary schedules, audited financial statements, conflict of interest policies, and school policies and procedures manuals, available on its website.”

Filing and Contact Details

Filer

Filer Name
Arkansas Arts Academy
EIN
71-0832162
Phone
4798782787
Address
1110 W POPLAR ST STE A, ROGERS, AR 72756

Signing Officer

Name
Mary Ley
Title
CEO
Phone
4796362272
Signed
2016-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Ley
Formed
2001
Legal Domicile
Ar
Voting Board Members
7
Independent Board Members
7
Employees
138
Volunteers
21

Preparer

Firm
Beall Barclay & Company Plc
Address
2005 WEST ELM STREET, ROGERS, AR 72758
Preparer
John D Evans
Phone
4796364461
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Rounding difference - py 2.”

Part XI Line 2C

“The board reviews the audited financial statements each year at one of its regular board meetings. After review, audited financial statements are approved by the board.”

Financial Statement Notes

PART X, LINE 2:

“Management has assessed the tax positions of the organization and determined that no positions exist that require adjustment or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 463 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/ProgramServiceRevenueGrp/Desc2STUDENT ACTIVITES AND
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1327938
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2283693
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05279174
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1327938
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2283693
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02000042
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt05660566
IRS990/PYRevenuesLessExpensesAmt039638
IRS990/PYSalariesCompEmpBnftPaidAmt03620886
IRS990/PYTotalExpensesAmt05620928
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05660566
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0254464
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05890805
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0592003
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0654407
IRS990ScheduleA/SchoolInd0X
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/BookValueAmt06211990
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01034195
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07246185
IRS990ScheduleD/EquipmentGrp/BookValueAmt0517328
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01389296
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01906624
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06446702
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0360237
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0360237
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06701166
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS ASSESSED THE TAX POSITIONS OF THE ORGANIZATION AND DETERMINED THAT NO POSITIONS EXIST THAT REQUIRE ADJUSTMENT OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07089555
IRS990ScheduleD/TotalExpensesPerForm990Amt06446702
IRS990ScheduleD/TotalRevenuePerForm990Amt06701166
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06701166
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06446702
IRS990ScheduleE/ComplianceWithRevProc7550Ind00
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS NOT SUBJECT TO THE SPECIFIC PUBLISHING REPORTING AND RECORDKEEPING REQUIREMENTS OF REVENUE PROCEDURE 75-50 BECAUSE IT OPERATES A FREE PUBLIC CHARTER SCHOOL
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT PROVIDE SCHOLARSHIPS OR FINANCIAL ASSISTANCE AS IT OPERATES A FREE PUBLIC CHARTER SCHOOL
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2RECEIVES A SUBSTANTIAL AMOUNT OF FUNDING FROM FEDERAL AND STATE OF ARKANSAS GRANTS AND AWARDS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION IS NOT SUBJECT TO THE REQUIREMENTS OF REVENUE PROCEDURE 75-50 BECAUSE IT OPERATES A FREE PUBLIC CHARTER SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE E, PART I, LINE 7
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ARKANSAS DEPARTMENT OF EDUCATION PROVIDES THE SCHOOL WITH A CONFLICT OF INTEREST POLICY WHICH THEY FOLLOW. EACH YEAR, THE SCHOOL REQUIRES ALL EMPLOYEES AND BOARD MEMBERS TO COMPLETE THIS FORM, DISCLOSING ANY CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT INCEPTION, THE SCHOOL ESTABLISHED A SALARY SCHEDULE FOR VARIOUS EMPLOYMENT POSITIONS AT THE SCHOOL. THE SALARY SCHEDULE LISTS ANNUAL SALARY BY POSITION TYPE AND NUMBER OF YEARS OF SERVICE. EACH YEAR, EMPLOYEES ARE GIVEN RAISES BASED ON THIS SALARY SCHEDULE. THE SALARY SCHEDULES ARE AVAILABLE ONLINE FOR PUBLIC INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MADE AVAILABLE VIA GUIDESTAR WEBSITE AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SCHOOL MAKES VARIOUS DOCUMENTS, INCLUDING SALARY SCHEDULES, AUDITED FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICIES, AND SCHOOL POLICIES AND PROCEDURES MANUALS, AVAILABLE ON ITS WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ROUNDING DIFFERENCE - PY 2.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD REVIEWS THE AUDITED FINANCIAL STATEMENTS EACH YEAR AT ONE OF ITS REGULAR BOARD MEETINGS. AFTER REVIEW, AUDITED FINANCIAL STATEMENTS ARE APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART XI LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0ARKANSAS ARTS ACADEMY
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0BCCSO LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt07035756
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0AR
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0REAL ESTATE HOLDING
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt066654
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt02005 S 12TH STREET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0ROGERS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0AR
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd072758
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ARKANSAS ARTS ACADEMY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0471999872
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE SUPPORT FOR THE ARKANSAS ARTS ACADEMY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01100 W POPLAR STREET STE A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ROGERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd072756
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AR
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt055808
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt08798402
IRS990/TotalAssetsEOYAmt08885958
IRS990/TotalAssetsGrp/BOYAmt08798402
IRS990/TotalAssetsGrp/EOYAmt08885958
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0810361
IRS990/TotalEmployeeCnt0138
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0556147
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05890555
IRS990/TotalFunctionalExpensesGrp/TotalAmt06446702

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,885,958
Liabilities
$6,880,054
Net assets
$2,005,904
Revenue
$6,701,166
Expenses
$6,446,702
Net income
$254,464
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.12$0.90$12.2$12.6$0.40
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.46$1.30$11.9$11.8$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.44$1.20$11.8$11.6$0.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.48$0.94$10.2$10.0$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.39$0.83$9.44$9.23$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.38$0.75$8.56$8.43$0.13
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.67$1.25$4.43$6.86$6.85$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$0.74$1.12$6.87$7.58$0.71
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.24$0.40$1.83$6.47$6.17$0.30
2015Detailed filing. Detailed filing data is available for this year.$8.89$6.88$2.01$6.70$6.45$0.25
2014Detailed filing. Detailed filing data is available for this year.$8.80$7.05$1.75$5.66$5.62$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.81$7.09$1.71$5.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.99$7.22$1.77$5.47