Sculpture At The River Market Inc
- Assets
- $167.9k
- Revenue
- $104.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 04/2010
- Data as of
- 12/2021
- EIN
- 27-0883523
Organization Overview
Sculpture At The River Market Inc is located in Little Rock, AR. The organization was established in 2010. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Sculpture At The River Market Inc 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 12/2021, Sculpture At The River Market Inc generated $104.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $71.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.5%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF SCULPTURE AT THE RIVER MARKET, INC. IS TO PROMOTE PUBLIC SCULPTURE ART IN THE RIVERFRONT PARK IN LITTLE ROCK, AR AND THROUGHOUT THE LITTLE ROCK COMMUNITY. THE MOST SIGNIFICANT ACTIVITY OF THE ORGANIZATION IS AN ANNUAL FUNDRAISER FOR THE PLACEMENT OF A MONUMENT SIZE PIECE OF SCULPTURE IN THE CITY OF LITTLE ROCK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH DONOR CONTRIBUTIONS, THE ORGANIZATION WAS ABLE TO PURCHASE SEVERAL PIECES OF PUBLIC ART FOR PLACEMENT IN LITTLE ROCK'S RIVER MARKET AREA AND THROUGH THE LITTLE ROCK COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Rogers President / Chairman | OfficerTrustee | 10 | $0 |
Dean Kumpuris Vice-President | OfficerTrustee | 5 | $0 |
Andrea Gary Secretary | OfficerTrustee | 15 | $0 |
Paul Parnell Treasurer | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $104,657 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,657 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $104,657 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $67,215 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $344 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $265 |
| Information technology | $168 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $71,107 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $167,861 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $167,861 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| 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 | $167,861 |
| Total liabilities and net assets/fund balances | $167,861 |
Grants Awarded
Over the last fiscal year, Sculpture At The River Market Inc has awarded $67,215 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF LITTLE ROCK PURPOSE: PLACEMENT OF PUBLIC SCULPTURE | $168,715 |
CITY OF LITTLE ROCK PURPOSE: REIMBURSMENT OF FUNDS REPORTED AS GRANTS IN 2020. | -$101,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sculpture At The River Market Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Schueck Family Foundation Little Rock, AR PURPOSE: TO PROMOTE PUBLIC SCULPTURE ART | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Master Craftsmen Foundation Kansas City, MO | $0 | $269 |
Dallas Contemporary Dallas, TX | $3,580,432 | $1,729,811 |
Louisiana Art And Science Museum Inc Baton Rouge, LA | $6,561,733 | $3,010,375 |
Laumeier Sculpture Park St Louis, MO | $5,586,221 | $2,296,143 |
Craft Alliance St Louis, MO | $3,775,459 | $2,483,894 |
Kid Smart New Orleans, LA | $1,431,671 | $1,483,541 |
Glass Control Inc Emp Ben Tr Lubbock, TX | $187,823 | $1,183,121 |
Ballroom Cultural Arts Foundation Marfa, TX | $1,422,501 | $1,165,140 |
Painting & Decorating Contractors Of America Maryland Heights, MO | $1,053,782 | $1,259,349 |
Gil And Dody Weaver Foundation Dallas, TX | $0 | $964,218 |
Rabbit Room Inc Franklin, TN | $2,342,390 | $941,267 |
Fotofest Inc Houston, TX | $1,959,929 | $2,155,129 |