Arkansas Craft School
- Assets
- $733.6k
- Revenue
- $375.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Mountain View, AR
- Founding
- 10/2007
- Data as of
- 06/2023
- EIN
- 20-8063604
Organization Overview
Arkansas Craft School is located in Mountain View, AR. The organization was established in 2007. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Craft School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Arkansas Craft School generated $375.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $195.3k during the year ending 06/2023. While expenses have increased by 16.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE ASPIRING AND PRACTICING CRAFT ARTISANS FOR SUCCESS IN THE CREATIVE ECONOMY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FACILITIES, EQUIPMENT, INSTRUCTORS, AND SUPPLIES FOR VARIOUS CRAFT VENUES , CLASS WORKSHOPS, AND STUDIO PASSES FOR THE GENERAL PUBLIC
PAID FOR INSTRUCTORS FEES, CLASSROOM SUPPPLIES, AND MATERIALS NEEDED FOR VARIOUS MEDIA COURSES OPEN TO THE GENERAL PUBLIC
PROVIDED A VENUE FOR ARTISANS ASRTISANS TO SHOWCASE AND SELL THEIR WORK
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eugenia Brown President | Officer | 36 | $0 |
Jamie Murawski Vice President & Retail Chair | Officer | 6 | $0 |
David Ciscel Treasurer & Finance Chair | Officer | 6 | $0 |
Lyn Nancarrow Secretary & Development Chair | Officer | 6 | $0 |
Mike Engle Special Presentations Curator | Officer | 6 | $0 |
Stanley Brown Building Chair | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,548 |
| Fundraising events | $34,071 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $259,036 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $296,655 |
| Total Program Service Revenue | $78,485 |
| Investment income | $462 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $375,602 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $145 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $71,331 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,660 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,951 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $180 |
| Advertising and promotion | $7,633 |
| Office expenses | $2,614 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,184 |
| Travel | $689 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,467 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,677 |
| Insurance | $5,290 |
| All other expenses | $17,423 |
| Total functional expenses | $195,316 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,927 |
| Savings and temporary cash investments | $201,495 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,956 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $491,245 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $733,623 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $128,184 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $128,184 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $733,623 |