Civic Intelligence

Arkansas Arts Academy

990 • Fiscal year 2016 • EIN 71-0832162

Jul 01, 2015 to Jun 30, 2016 • Filed on May 31, 2017

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

50th percentile

0.18x

Higher debt load relative to assets than 50% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

25th percentile

0.06x

Higher debt load relative to revenue than 25% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

59th percentile

4.7%

Higher net margin than 59% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

42nd percentile

$104,700

Higher top officer pay than 42% of similar nonprofits.

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

1st percentile

-75%

Faster asset growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

32nd percentile

-3.4%

Faster revenue growth than 32% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets50th percentile

Assets

Down

$2,236,717

Down $6,649,241 (-75%) from 2015

Net Assets

Down

$1,833,720

Down $172,184 (-8.6%) from 2015

Liabilities

Down

$402,997

Down $6,477,057 (-94%) from 2015

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin59th percentile

Revenue

Down

$6,473,471

Down $227,695 (-3.4%) from 2015

Expenses

Down

$6,169,190

Down $277,512 (-4.3%) from 2015

Net Income

Up

$304,281

Up $49,817 (+20%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth1st 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

2016

Assets$2,236,717
Liabilities$402,997
Net Assets$1,833,720
Open 2016 Filing

Operations Trend

Revenue Growth32nd 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

2016

Revenue$6,473,471
Expenses$6,169,190
Net Income$304,281
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 31, 2017
Return Version
2015v3.0
Gross Receipts
$6,473,471
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.

The operation of a tuition-free public charter school, serving grades k-12. The schools academic program is incorporated with an integration of the arts. A recent approval by arkansas state board of edcuation opens the door to an expansion of up to 1,225 students in the 2017 school year.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,089,555--
Cash and Non-Interest-Bearing Accounts$922,896$1,484,010▲ $561,114
Cap Stk Tr Prin Current Funds$1,950,096$987,104▼ $962,992
Rtn Earn Endowment Incm Other Fnds$55,808$846,616▲ $790,808
Savings and Temporary Cash Investments$654,407$634,327▼ $20,080
Accounts Receivable-$118,380-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$8,885,958$2,236,717▼ $6,649,241
Other Assets Total$219,100$0▼ $219,100
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,880,054--
Accounts Payable and Accrued Expenses-$354,655-
Other Liabilities$0$48,342▲ $48,342
Total Liabilities$6,880,054$402,997▼ $6,477,057
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,005,904$1,833,720▼ $172,184
Total Liabilities and Net Assets / Fund Balance$8,885,958$2,236,717▼ $6,649,241
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Mary LeyCEO/superintendentFT$104,700$104,700

Board Members and Trustees

NameTitle
Tony BeardsleyPresident
Anthony PorchiaMember
Howard AlsdorfMember
Joe DerouenMember
Steve CoxMember
David RussellSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$222,074
Program Service Revenue
$6,249,344
Investment Income
$2,053
Other Revenue
$0
All Other Contributions
$222,074
Change in Net Assets
$304,281

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,473,471
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,473,471
Total Revenue per Form 990
$6,473,471
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,860,628
Other Expenses$2,308,562
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,742,312$222,808-$2,965,120
Occupancy$606,210$42,639-$648,849
Pension Plan Contributions$416,391$36,208-$452,599
Interest$408,141$4,123-$412,264
Fees for Services Other$301,016--$301,016
Payroll Taxes$227,587$19,790-$247,377
Other Expenses$114,254$60,293-$114,254
Current Officers, Directors, Trustees, and Key Employees$88,995$15,705-$104,700
Other Employee Benefits$83,565$7,267-$90,832
Insurance$57,859$584-$58,443
All Other Expenses$37,562--$37,562
Travel$31,969--$31,969
Office Expenses-$4,252-$4,252
Advertising-$3,752-$3,752
Total Functional Expenses$5,751,769$417,421$0$6,169,190

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,169,190
Total Expenses per Audited Statements$6,169,190
Total Expenses per Form 990$6,169,190
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Student Groups$48,342
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
2017-05-31
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
124
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:

“Change in fund balance reporting -476,465.”

FORM 990, PART XII, LINE 1:

“For the year ended june 30, 2016, the organization changed its method of accounting from the modified cash basis to the regulatory basis of accounting allowed under arkansas state law. The regulatory basis of accounting uses the modified accrual basis and fund accounting. As part of the change the organization no longer reports fixed assets and debt on its balance sheet.”

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 454 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/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/Desc0STATE FUNDS
IRS990/ProgramServiceRevenueGrp/Desc1FEDERAL FUNDS
IRS990/ProgramServiceRevenueGrp/Desc2STUDENT ACTIVITES AND
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05697728
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1416987
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2134629
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05697728
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1416987
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2134629
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0810361
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02386783
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt05890805
IRS990/PYRevenuesLessExpensesAmt0254464
IRS990/PYSalariesCompEmpBnftPaidAmt04059919
IRS990/PYTotalExpensesAmt06446702
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06701166
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0304281
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06249344
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt055808
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0846616
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0654407
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0634327
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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06169190
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt048342
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO STUDENT GROUPS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06473471
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/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt06169190
IRS990ScheduleD/TotalLiabilityAmt048342
IRS990ScheduleD/TotalRevenuePerForm990Amt06473471
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06473471
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06169190
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/ExplanationTxt5CHANGE IN FUND BALANCE REPORTING -476,465.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FOR THE YEAR ENDED JUNE 30, 2016, THE ORGANIZATION CHANGED ITS METHOD OF ACCOUNTING FROM THE MODIFIED CASH BASIS TO THE REGULATORY BASIS OF ACCOUNTING ALLOWED UNDER ARKANSAS STATE LAW. THE REGULATORY BASIS OF ACCOUNTING USES THE MODIFIED ACCRUAL BASIS AND FUND ACCOUNTING. AS PART OF THE CHANGE THE ORGANIZATION NO LONGER REPORTS FIXED ASSETS AND DEBT ON ITS BALANCE SHEET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE 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/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART 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/EndOfYearAssetsAmt06174722
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0AR
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0REAL ESTATE HOLDING
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/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt08885958
IRS990/TotalAssetsEOYAmt02236717
IRS990/TotalAssetsGrp/BOYAmt08885958
IRS990/TotalAssetsGrp/EOYAmt02236717
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0222074
IRS990/TotalEmployeeCnt0124
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0417421
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05751769
IRS990/TotalFunctionalExpensesGrp/TotalAmt06169190
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06880054
IRS990/TotalLiabilitiesEOYAmt0402997
IRS990/TotalLiabilitiesGrp/BOYAmt06880054
IRS990/TotalLiabilitiesGrp/EOYAmt0402997
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02005904
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01833720

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,236,717
Liabilities
$402,997
Net assets
$1,833,720
Revenue
$6,473,471
Expenses
$6,169,190
Net income
$304,281
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
2016Detailed filing. Detailed filing data is available for this year.$2.24$0.40$1.83$6.47$6.17$0.30
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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