Civic Intelligence

Shreveport Regional Arts Council

EIN 72-0805661 • 501(c)3 • Shreveport, LA

Profile

PROMOTION OF THE ARTS.

801 Crockett StreetShreveport, LA 71101

www.shrevearts.org

Siviq Scores

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

Liabilities / Assets

64th percentile

0.16x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.33x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

9th percentile

-36%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

88th percentile

$187,067

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

13th percentile

-14%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-31%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets64th percentile

Assets

Down

$3,922,513

Down $654,035 (-14%) from 2023

Liabilities

Up

$638,203

Up $48,206 (+8.2%) from 2023

Net Assets

Down

$3,284,310

Down $702,241 (-18%) from 2023

Operations
Liabilities / Revenue75th percentileNet Margin9th percentile

Revenue

Down

$1,935,027

Down $869,714 (-31%) from 2023

Expenses

Up

$2,637,268

Up $451,226 (+21%) from 2023

Net Income

Down

-$702,241

Down $1,320,940 (-214%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth13th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,576,038Liabilities 2011: $173,443Net Assets 2011: $4,402,5952011Assets 2012: $5,328,248Liabilities 2012: $710,829Net Assets 2012: $4,617,4192012Assets 2013: $5,937,530Liabilities 2013: $279,913Net Assets 2013: $5,657,6172013Assets 2014: $5,635,934Liabilities 2014: $673,089Net Assets 2014: $4,962,8452014Assets 2015: $5,725,718Liabilities 2015: $169,524Net Assets 2015: $5,556,1942015Assets 2016: $5,457,321Liabilities 2016: $657,056Net Assets 2016: $4,800,2652016Assets 2017: $5,697,893Liabilities 2017: $612,122Net Assets 2017: $5,085,7712017Assets 2018: $5,105,728Liabilities 2018: $643,524Net Assets 2018: $4,462,2042018Assets 2019: $5,038,995Liabilities 2019: $657,607Net Assets 2019: $4,381,3882019Assets 2020: $6,141,170Liabilities 2020: $1,529,928Net Assets 2020: $4,611,2422020Assets 2021: $6,655,707Liabilities 2021: $1,547,227Net Assets 2021: $5,108,4802021Assets 2022: $5,249,473Liabilities 2022: $1,672,371Net Assets 2022: $3,577,1022022Assets 2023: $4,576,548Liabilities 2023: $589,997Net Assets 2023: $3,986,5512023Assets 2024: $3,922,513Liabilities 2024: $638,203Net Assets 2024: $3,284,3102024

Highlighted filing

2024

Assets$3,922,513
Liabilities$638,203
Net Assets$3,284,310
Open 2024 Filing

Operations Trend

Revenue Growth10th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $5,015,218Expenses 2011: $2,233,724Net Income 2011: $2,781,4942011Revenue 2012: $2,958,566Expenses 2012: $2,743,742Net Income 2012: $214,8242012Revenue 2013: $3,466,991Expenses 2013: $2,426,793Net Income 2013: $1,040,1982013Revenue 2014: $2,383,735Expenses 2014: $2,893,357Net Income 2014: -$509,6222014Revenue 2015: $3,145,127Expenses 2015: $2,551,778Net Income 2015: $593,3492015Revenue 2016: $2,074,677Expenses 2016: $2,830,606Net Income 2016: -$755,9292016Revenue 2017: $2,309,827Expenses 2017: $2,087,089Net Income 2017: $222,7382017Revenue 2018: $1,375,632Expenses 2018: $1,935,712Net Income 2018: -$560,0802018Revenue 2019: $1,850,536Expenses 2019: $1,931,352Net Income 2019: -$80,8162019Revenue 2020: $2,422,136Expenses 2020: $2,192,282Net Income 2020: $229,8542020Revenue 2021: $1,731,229Expenses 2021: $1,233,991Net Income 2021: $497,2382021Revenue 2022: $1,611,506Expenses 2022: $2,312,756Net Income 2022: -$701,2502022Revenue 2023: $2,804,741Expenses 2023: $2,186,042Net Income 2023: $618,6992023Revenue 2024: $1,935,027Expenses 2024: $2,637,268Net Income 2024: -$702,2412024

Highlighted filing

2024

Revenue$1,935,027
Expenses$2,637,268
Net Income-$702,241
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$3,922,513
Liabilities
$638,203
Net assets
$3,284,310
Revenue
$1,935,027
Expenses
$2,637,268
Net income
-$702,241
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.92$0.64$3.28$1.94$2.64$0.70
2023Detailed filing. Detailed filing data is available for this year.$4.58$0.59$3.99$2.80$2.19$0.62
2022Detailed filing. Detailed filing data is available for this year.$5.25$1.67$3.58$1.61$2.31$0.70
2021Detailed filing. Detailed filing data is available for this year.$6.66$1.55$5.11$1.73$1.23$0.50
2020Detailed filing. Detailed filing data is available for this year.$6.14$1.53$4.61$2.42$2.19$0.23
2019Detailed filing. Detailed filing data is available for this year.$5.04$0.66$4.38$1.85$1.93$0.08
2018Detailed filing. Detailed filing data is available for this year.$5.11$0.64$4.46$1.38$1.94$0.56
2017Detailed filing. Detailed filing data is available for this year.$5.70$0.61$5.09$2.31$2.09$0.22
2016Detailed filing. Detailed filing data is available for this year.$5.46$0.66$4.80$2.07$2.83$0.76
2015Detailed filing. Detailed filing data is available for this year.$5.73$0.17$5.56$3.15$2.55$0.59
2014Detailed filing. Detailed filing data is available for this year.$5.64$0.67$4.96$2.38$2.89$0.51
2013Summary only. Only limited summary data is available for this year.$5.94$0.28$5.66$3.47$2.43$1.04
2012Summary only. Only limited summary data is available for this year.$5.33$0.71$4.62$2.96$2.74$0.21
2011Summary only. Only limited summary data is available for this year.$4.58$0.17$4.40$5.02$2.23$2.78
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 25, 2025
Return Version
2023v6.0
Gross Receipts
$2,155,222
Mission and Program Overview

Mission

PROMOTION OF THE ARTS.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,114,002$1,993,534▼ $120,468
Cash and Non-Interest-Bearing Accounts$1,325,537$805,222▼ $520,315
Investments in Publicly Traded Securities$698,227$670,997▼ $27,230
Pledges and Grants Receivable$310,830$338,117▲ $27,287
Accounts Receivable$45,206$65,991▲ $20,785
Prepaid Expenses and Deferred Charges$46,341$19,047▼ $27,294
Total Assets$4,576,548$3,922,513▼ $654,035
Other Assets Total$36,405$29,605▼ $6,800
Liabilities
Other Liabilities$479,517$487,238▲ $7,721
Grants Payable$71,631$76,408▲ $4,777
Accounts Payable and Accrued Expenses$38,849$74,557▲ $35,708
Total Liabilities$589,997$638,203▲ $48,206
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,617,600$3,024,879▼ $592,721
Net Assets With Donor Restrictions$368,951$259,431▼ $109,520
Total Net Assets Fund Balance$3,986,551$3,284,310▼ $702,241
Total Liabilities and Net Assets / Fund Balance$4,576,548$3,922,513▼ $654,035

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,942,378$1,537,525$3,479,903
Equipment$51,156$311,475$362,631
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Pam AtchisonExecutive DiFT$181,398$5,669$187,067
Pam AtchisonExecutive Director-$181,398$5,669$187,067

Board Members and Trustees

NameTitle
Sandi KallenbergChairman
Henry E PriceBoard Presid
Andy SheheeFull Board
Anneka Simms AlexanderFull Board
Cindy AubreyFull Board
Daryl MitchellFull Board
Drew TessierFull Board
Elizabeth KennedyFull Board
Heidi KallenbergFull Board
Jay D CovingtonFull Board
Jonathan WallFull Board
Kalil BusadaFull Board
Kevin PrestonFull Board
Kristi YoungFull Board
Margaret Furrh GreenFull Board
Mark MckayFull Board
Michael AcurioFull Board
Peter MoncriefFull Board
Reid MartinFull Board
Ro WhiteFull Board
Robert LomisonFull Board
Roy Nelva GriggsFull Board
Shanerika FlemingsFull Board
Stephen WhiteFull Board
Tony GilleyFull Board
Vita RinerFull Board
Waynette BallengeeFull Board
William JoyceFull Board
William M Sale IvFull Board
Linda B GoldsberryArtspace CHA
Joe KaneArtspace Pre
Lynn LairdEx-officio
Renee CaldwellEx-officio
Shelly RagleEx-officio
Havard Scott IiiLegal Counse
Jodie GloriosoPublic Art C
Susan B MuseTreasurer
Bruce AllenVice-preside
John AlbrittonVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,801,724
Program Service Revenue
$91,415
Investment Income
$68,318
Other Revenue
$-26,430
All Other Contributions
$387,071
Change in Net Assets
$-702,241

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,935,027
Total Revenue per Audited Statements
$1,935,027
Total Revenue per Form 990
$1,935,027
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,479,575
Salaries, Compensation, and Employee Benefits$758,495
Grants and Similar Amounts Paid$399,198
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$516,861$34,021-$550,882
Other Salaries and Wages$505,870--$505,870
Grants to Domestic Orgs$399,198--$399,198
All Other Expenses$122,664$71,781-$194,445
Current Officers, Directors, Trustees, and Key Employees-$160,645-$160,645
Depreciation Depletion$89,163$70,057-$159,220
Conferences and Meetings$48,220$52,339-$100,559
Payroll Taxes$37,465$9,969-$47,434
Insurance$12,245$34,768-$47,013
Advertising$40,999$5,641-$46,640
Other Employee Benefits$24,560$19,986-$44,546
Other Expenses$17,894$21,966-$39,860
Office Expenses$26,183$4,334-$30,517
Information Technology$1,721$6,478-$8,199
Occupancy$1,100$2,954-$4,054
Interest-$8-$8
Total Functional Expenses$2,016,124$621,144$0$2,637,268

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,637,268
Total Expenses per Audited Statements$2,637,268
Total Expenses per Form 990$2,637,268
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Black Cultural Arts Coalition--Promotion of the Art$75,000
Shreveport Symphony--Promotion of the Art$42,100
The Strand Theatre--Promotion of the Art$39,000
Red River Revel--Promotion of the Art$33,700
Shreveport Little Theatre--Promotion of the Art$26,600
Shreveport Opera--Promotion of the Art$23,800
Shreveport Metropolitan Ballet--Promotion of the Art$21,600
Highland Area Partnership--Promotion of the Art$11,500
Santuary Arts School--Promotion of the Art$10,000
Ne Louisiana Arts Council--Promotion of the Art$8,053
Inter-city Row Cultural Arts--Promotion of the Art$6,800
Northwestern State University--Promotion of the Art$6,800
Film Prize--Promotion of the Art$6,500
Town of Many--Promotion of the Art$6,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$220,195
Fundraising Gross Income$123,206
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Christmas in Th$123,206$123,206$220,195$-96,989
Total Events$123,206$123,206$220,195$-96,989
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance$344,817
Accrued Expenses$112,816
Operating Lease Liability$29,605
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The form 990 will be reviewed by key officers and board members before filing. The form 990 will be made available to all remaining board members after filing.”

Form 990, Page 6, Part VI, Line 12C

“All board members and employees are given a copy of board responsibilities,by-laws and the conflict of interest policy.”

Form 990, Page 6, Part VI, Line 15A

“The executive director's compensation is approved by the governing board of directors.”

Form 990, Page 6, Part VI, Line 15B

“Empoyees' compensation is approved by the executive director and treasurer of the governing board.”

Form 990, Page 6, Part VI, Line 19

“All are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Shreveport Regional Arts Council
EIN
72-0805661
Phone
3186736500
Address
801 CROCKETT STREET, SHREVEPORT, LA 71101

Signing Officer

Name
Susan B Muse
Title
Treasurer
Phone
3186736500
Signed
2025-04-25

Organization Details

Principal Officer
Rebecca Bonnevier
Formed
1976
Legal Domicile
La
Voting Board Members
39
Independent Board Members
39
Employees
18
Volunteers
250

Preparer

Firm
COOK & MOREHART CPA'S
Address
1215 HAWN AVENUE, SHREVEPORT, LA 71107
Preparer
Travis H Morehart
Phone
3182225415
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Capital/special projects expenses 36,702.00”

Form 990, Part IX, Line 11G

“Professional artist fees 95,261 0 0 professional artist fees 67,463 0 0 professional artist fees 311,364 0 0 professional services 0 34,021 0 professional services 6,096 0 0 professional services 4,650 0 0 professional services 32,027 0 0 total 516,861 34,021 0”

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