Civic Intelligence

Accademia Dell' Arte

EIN 75-2978558 • 501(c)3 • Little Rock, AR

Profile

The accademia offers undergraduate studies in physical theatre, dance, music, filmmaking, art history, drawing, and italian language. Graduate studies in physical theatre are also offered.

PO Box 251505Little Rock, AR 72225-1505

www.dell-arte.org

Siviq Scores

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

Liabilities / Assets

99th percentile

2.57x

Higher debt load relative to assets than 99% of similar nonprofits.

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

Liabilities / Revenue

89th percentile

1.13x

Higher debt load relative to revenue than 89% of similar nonprofits.

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

Net Margin

35th percentile

-1.3%

Higher net margin than 35% of similar nonprofits.

501(c)3 • $1M-$5M 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

9th percentile

-19%

Faster asset growth than 9% of similar nonprofits.

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

Revenue Growth

69th percentile

20%

Faster revenue growth than 69% of similar nonprofits.

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

Assets

Down

$454,917

Down $104,554 (-19%) from 2023

Liabilities

Down

$1,170,128

Down $90,938 (-7.2%) from 2023

Net Assets

Down

-$715,211

Down $13,616 (-1.9%) from 2023

Revenue

Up

$1,037,571

Up $172,703 (+20%) from 2023

Expenses

Up

$1,051,187

Up $68,631 (+7.0%) from 2023

Net Income

Up

-$13,616

Up $104,072 (+88%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2010: $232,714Liabilities 2010: $572,636Net Assets 2010: -$339,9222010Assets 2011: $647,192Liabilities 2011: $823,552Net Assets 2011: -$176,3602011Assets 2012: $642,641Liabilities 2012: $882,478Net Assets 2012: -$239,8372012Assets 2013: $461,298Liabilities 2013: $848,386Net Assets 2013: -$387,0882013Assets 2014: $551,516Liabilities 2014: $1,148,245Net Assets 2014: -$596,7292014Assets 2015: $613,358Liabilities 2015: $1,004,021Net Assets 2015: -$390,6632015Assets 2016: $651,641Liabilities 2016: $1,022,478Net Assets 2016: -$370,8372016Assets 2017: $640,912Liabilities 2017: $873,194Net Assets 2017: -$232,2822017Assets 2018: $395,029Liabilities 2018: $233,611Net Assets 2018: $161,4182018Assets 2019: $696,551Liabilities 2019: $766,971Net Assets 2019: -$70,4202019Assets 2020: $168,714Liabilities 2020: $770,300Net Assets 2020: -$601,5862020Assets 2021: $588,515Liabilities 2021: $1,261,850Net Assets 2021: -$673,3352021Assets 2022: $495,544Liabilities 2022: $1,062,873Net Assets 2022: -$567,3292022Assets 2023: $559,471Liabilities 2023: $1,261,066Net Assets 2023: -$701,5952023Assets 2024: $454,917Liabilities 2024: $1,170,128Net Assets 2024: -$715,2112024

Highlighted filing

2024

Assets$454,917
Liabilities$1,170,128
Net Assets-$715,211

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,475,7472010Revenue 2011: $2,031,921Expenses 2011: $1,599,108Net Income 2011: $432,8132011Expenses 2012: $1,522,7982012Revenue 2013: $1,636,651Expenses 2013: $1,783,902Net Income 2013: -$147,2512013Revenue 2014: $1,714,816Expenses 2014: $1,924,457Net Income 2014: -$209,6412014Revenue 2015: $2,092,362Expenses 2015: $1,886,296Net Income 2015: $206,0662015Revenue 2016: $1,791,988Expenses 2016: $1,772,162Net Income 2016: $19,8262016Revenue 2017: $2,072,131Expenses 2017: $1,933,576Net Income 2017: $138,5552017Revenue 2018: $2,132,765Expenses 2018: $1,739,065Net Income 2018: $393,7002018Revenue 2019: $1,224,077Expenses 2019: $1,455,915Net Income 2019: -$231,8382019Revenue 2020: $470,056Expenses 2020: $622,449Net Income 2020: -$152,3932020Revenue 2021: $456,256Expenses 2021: $495,387Net Income 2021: -$39,1312021Revenue 2022: $1,042,408Expenses 2022: $1,006,618Net Income 2022: $35,7902022Revenue 2023: $864,868Expenses 2023: $982,556Net Income 2023: -$117,6882023Revenue 2024: $1,037,571Expenses 2024: $1,051,187Net Income 2024: -$13,6162024

Highlighted filing

2024

Revenue$1,037,571
Expenses$1,051,187
Net Income-$13,616

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$1.17$0.72$1.04$1.05$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$1.26$0.70$0.86$0.98$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.50$1.06$0.57$1.04$1.01$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$1.26$0.67$0.46$0.50$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.17$0.77$0.60$0.47$0.62$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.70$0.77$0.07$1.22$1.46$0.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.23$0.16$2.13$1.74$0.39
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.87$0.23$2.07$1.93$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$1.02$0.37$1.79$1.77$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$1.00$0.39$2.09$1.89$0.21
2014Detailed filing. Detailed filing data is available for this year.$0.55$1.15$0.60$1.71$1.92$0.21
2013Detailed filing. Detailed filing data is available for this year.$0.46$0.85$0.39$1.64$1.78$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.88$0.24$1.52
2011Summary only. Only limited summary data is available for this year.$0.65$0.82$0.18$2.03$1.60$0.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.57$0.34$1.48
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$1,037,571
Mission and Program Overview

Mission

The accademia offers undergraduate studies in physical theatre, dance, music, filmmaking, art history, drawing, and italian language. Graduate studies in physical theatre are also offered.

A study abroad program in arezzo, italy, offering undergraduate and graduate studies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$485,853$400,853▼ $85,000
Loans From Officers Directors$226,546$226,546→ $0
Accounts Receivable$64,392$31,762▼ $32,630
Land, Buildings, and Equipment, Net$9,226$22,302▲ $13,076
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$559,471$454,917▼ $104,554
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$601,410$560,706▼ $40,704
Mortgage Notes Payable Secured by Investment Property$396,159$241,130▼ $155,029
Accounts Payable and Accrued Expenses$36,951$141,746▲ $104,795
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,261,066$1,170,128▼ $90,938
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-701,595$-715,211▼ $13,616
Total Net Assets Fund Balance$-701,595$-715,211▼ $13,616
Total Liabilities and Net Assets / Fund Balance$559,471$454,917▼ $104,554

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$68$146,658$146,726
Equipment$16,744$43,241$59,985
Leasehold Improvements$5,490$24,367$29,857
Buildings$0$0$0
Land$0-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Scott McgeheePresidentFT$30,000$30,000
Dory SibleyExecutive DirectorFT$25,742$25,742
Peter GessChairmanPT$17,500$17,500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$44,863
Program Service Revenue
$987,391
Investment Income
$0
Other Revenue
$5,317
All Other Contributions
$37,991
Change in Net Assets
$-13,616
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$533,539
Other Expenses$517,648
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$325,013$0$0$325,013
Occupancy$173,296$25,888$0$199,184
Payroll Taxes$110,700$24,854$0$135,554
Travel$82,559$0$0$82,559
All Other Expenses$8,466$70,097$0$78,563
Current Officers, Directors, Trustees, and Key Employees$0$72,972$0$72,972
Fees for Services Accounting$0$26,921$0$26,921
Fees for Services Other$15,251$0$0$15,251
Conferences and Meetings$14,917$0$0$14,917
Office Expenses$2,068$9,618$0$11,686
Advertising$10,462$0$0$10,462
Interest$0$8,946$0$8,946
Information Technology$0$5,448$0$5,448
Insurance$0$2,755$0$2,755
Depreciation Depletion$2,685$0$0$2,685
Other Expenses$2,279$0$0$2,279
Total Functional Expenses$784,593$266,594$0$1,051,187
International Activity

International Summary

Offices
1
Employees
6
Spending
$1,051,183

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Program ServicesEducational Classes16$1,051,183
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$226,546$226,546→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Part VI, Line 15 A&B

The executive compensation committee reviews compensation annually. The executive committee discusses and presents to the board of directors any salary adjustments. The committee makes recommendations for salary adjustments based on performance and available funds in the budget.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The chairman of the board reviews a draft of form 990 before it is finalized. The board will not meet until after the due date of the return. The finalized return will be reviewed at the board meeting.

Form 990, Part VI, Line 12C Conflict of interest policy

In connection with any actual or possible conflicts of interest, an interested person must disclose the existence of his or her financial interest and must be given the opportunity to disclose all material facts to the directors and members of committees with board delegated powers considering the proposed transaction and agreement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members decide if a conflict of interest exists. The chairperson of the board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After excercising due diligence, the board or committee shall determine whether accademia can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the board or committee shall determine by majority vote of the disinterested directors whether the transaction or arrangement is in accademia's best interest.

Form 990, Part VI, Line 19 Required documents available to the public

Governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Form 990, Part VIII, Line 11D Other Miscellaneous Revenue

ALL OTHER REVENUE - Total Revenue: 5317, Related or Exempt Function Revenue: 0, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 5317;

Filing and Contact Details

Filer

Filer Name
Accademia Dell' Arte
EIN
75-2978558
Phone
9172026344
Address
PO BOX 251505, LITTLE ROCK, AR 72225-1505

Signing Officer

Name
Dory Sibley
Title
Executive Director
Phone
9172026344
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Formed
2002
Legal Domicile
Ar
Voting Board Members
12
Independent Board Members
12
Employees
6
Volunteers
10

Preparer

Firm
Forvis Mazars LLP
Address
PO Box 3667, Little Rock, AR 72203-3667
Preparer
Stacey Atchison
Phone
5013721040
Raw XML AppendixShowing 400 of 680 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/TitleTxt0EXECUTIVE DIRECTOR
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IRS990/MissionDesc0THE ACCADEMIA OFFERS UNDERGRADUATE STUDIES IN PHYSICAL THEATRE, DANCE, MUSIC, FILMMAKING, ART HISTORY, DRAWING, AND ITALIAN LANGUAGE. GRADUATE STUDIES IN PHYSICAL THEATRE ARE ALSO OFFERED.
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