Civic Intelligence

Arkansas Arts Academy

990 • Fiscal year 2020 • EIN 71-0832162

Jul 01, 2019 to Jun 30, 2020 • Filed on May 01, 2021

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

65th percentile

0.32x

Higher debt load relative to assets than 65% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

19th percentile

0.04x

Higher debt load relative to revenue than 19% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

44th percentile

2.2%

Higher net margin than 44% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

48th percentile

$116,900

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

54th percentile

7.7%

Faster asset growth than 54% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

66th percentile

10%

Faster revenue growth than 66% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$1,217,662

Up $86,554 (+7.7%) from 2019

Net Assets

Up

$825,977

Up $75,367 (+10%) from 2019

Liabilities

Up

$391,685

Up $11,187 (+2.9%) from 2019

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin44th percentile

Revenue

Up

$9,437,252

Up $880,154 (+10%) from 2019

Expenses

Up

$9,227,214

Up $796,155 (+9.4%) from 2019

Net Income

Up

$210,038

Up $83,999 (+67%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth54th 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

2020

Assets$1,217,662
Liabilities$391,685
Net Assets$825,977
Open 2020 Filing

Operations Trend

Revenue Growth66th 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

2020

Revenue$9,437,252
Expenses$9,227,214
Net Income$210,038
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 1, 2021
Return Version
2019v5.2
Gross Receipts
$9,437,252
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$457,740$754,853▲ $297,113
Rtn Earn Endowment Incm Other Fnds$717,613$689,568▼ $28,045
Savings and Temporary Cash Investments$604,798$385,638▼ $219,160
Cap Stk Tr Prin Current Funds$32,997$136,409▲ $103,412
Accounts Receivable$68,570$77,171▲ $8,601
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$1,131,108$1,217,662▲ $86,554
Liabilities
Accounts Payable and Accrued Expenses$283,344$266,510▼ $16,834
Other Liabilities$97,154$125,175▲ $28,021
Total Liabilities$380,498$391,685▲ $11,187
Net Assets / Fund Balance
Total Net Assets Fund Balance$750,610$825,977▲ $75,367
Total Liabilities and Net Assets / Fund Balance$1,131,108$1,217,662▲ $86,554
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Mary LeyCEO/superintendentFT$116,900$116,900

Board Members and Trustees

NameTitle
Howard AlsdorfPresident
Tony BeardsleyVice President
Anthony PorchiaMember
Asele MackMember
Cara RileyMember
Mike CampMember
David RussellSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Flintco LLCConstruction Management184 E FANTINAL BLVD, Springdale, AR 72745$1,690,856
Ssc Service SolutionsSupport ServicesPO BOX 417632, Boston, MA 02241$226,566
Hight-jackson Associates PaArchitecture Services5201 W VILLAGE PARKWAY SUITE 300, Rogers, AR 72758$160,000
Revenue and Support

Revenue Composition

Contributions and Grants
$148,548
Program Service Revenue
$9,280,233
Investment Income
$8,471
Other Revenue
$0
All Other Contributions
$148,548
Change in Net Assets
$210,038
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,776,081
Other Expenses$2,451,133
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$5,996,053$663,128-$6,659,181
Interest$1,054,638--$1,054,638
Occupancy$682,391--$682,391
Current Officers, Directors, Trustees, and Key Employees$107,548$9,352-$116,900
Other Expenses$441--$441
Total Functional Expenses$8,554,734$672,480$0$9,227,214
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$125,175
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Conflict-of-interest policy
Yes
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

“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
Richard Burrows
Title
CEO
Phone
4796362272
Signed
2021-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Burrows
Formed
2001
Legal Domicile
Ar
Voting Board Members
7
Independent Board Members
7
Employees
147
Volunteers
7

Preparer

Firm
Landmark Plc Cpas
Address
2003 SOUTH HORSEBARN ROAD SUITE 4, ROGERS, AR 72758
Preparer
John D Evans
Phone
4796364461
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Loan proceeds 193,754. Capital outlay -534,209. Capital leases 205,784.”

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 451 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/Desc0STATE FUNDS
IRS990/ProgramServiceRevenueGrp/Desc1FEDERAL FUNDS
IRS990/ProgramServiceRevenueGrp/Desc2MEAL SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08597603
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1540740
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2141890
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08597603
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1540740
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2141890
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0228387
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt021269
IRS990/PYOtherExpensesAmt02178275
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt08307442
IRS990/PYRevenuesLessExpensesAmt0126039
IRS990/PYSalariesCompEmpBnftPaidAmt06252784
IRS990/PYTotalExpensesAmt08431059
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08557098
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0210038
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt09281633
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0717613
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0689568
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0604798
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0385638
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/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0125175
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO STUDENT GROUPS
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/TotalLiabilityAmt0125175
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/ExplanationTxt5LOAN PROCEEDS 193,754. CAPITAL OUTLAY -534,209. CAPITAL LEASES 205,784.
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 11B
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/EndOfYearAssetsAmt028383773
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 11
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01131108
IRS990/TotalAssetsEOYAmt01217662
IRS990/TotalAssetsGrp/BOYAmt01131108
IRS990/TotalAssetsGrp/EOYAmt01217662
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0148548
IRS990/TotalEmployeeCnt0147
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0672480
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08554734
IRS990/TotalFunctionalExpensesGrp/TotalAmt09227214
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0380498
IRS990/TotalLiabilitiesEOYAmt0391685
IRS990/TotalLiabilitiesGrp/BOYAmt0380498
IRS990/TotalLiabilitiesGrp/EOYAmt0391685
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0750610
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0825977
IRS990/TotalOtherCompensationAmt00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,217,662
Liabilities
$391,685
Net assets
$825,977
Revenue
$9,437,252
Expenses
$9,227,214
Net income
$210,038
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
2020Detailed filing. Detailed filing data is available for this year.$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
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