The Foundation Of Arts For N E Arkansas Inc
- Assets
- $386.4k
- Revenue
- $940.6k
- Investments
- $0.0
- Employees
- 41
- Location
- Jonesboro, AR
- Founding
- 09/1986
- Data as of
- 07/2021
- EIN
- 58-1682412
Organization Overview
The Foundation Of Arts For N E Arkansas Inc is located in Jonesboro, AR. The organization was established in 1986. According to its NTEE Classification (P26) the organization is classified as: Volunteers of America, under the broad grouping of Human Services and related organizations. As of 07/2021, Foundation Of Arts For N E Arkansas Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Of Arts For N E Arkansas 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 07/2021, Foundation Of Arts For N E Arkansas Inc generated $940.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $810.8k during the year ending 07/2021. While expenses have increased by 8.9% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE QUALITY OF LIFE OF OUR COMMUNITY THROUGH THE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS SUCH AS THEATRICAL PRODUCTIONS, MUSIC, AND ART INSTRUCTION ARE OFFERED TO THE REGION TO FOSTER A BETTER APPRECIATION AND UNDERSTANDING OF THE ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristi Pulliam Executive Director | OfficerTrustee | 40 | $49,409 |
Mikel C Wewers Interim Executive Director | Trustee | 40 | $20,769 |
Janea Spades Chairman Of Board | OfficerTrustee | 1 | $0 |
Maranda Nichols Secretary | OfficerTrustee | 1 | $0 |
Russ Pierce Vice Chair | OfficerTrustee | 1 | $0 |
Lorenzo Balderas Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $163,002 |
| All other contributions, gifts, grants, and similar amounts not included above | $324,726 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $487,728 |
| Total Program Service Revenue | $447,339 |
| Investment income | $70 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$469 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $940,567 |
| 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 | $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 | $278,301 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $65,640 |
| Office expenses | $34,965 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $136,800 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $896 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,448 |
| Insurance | $13,675 |
| All other expenses | $59,038 |
| Total functional expenses | $810,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,358 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $31,000 |
| Accounts receivable, net | $682 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,170 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $51,169 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $386,379 |
| Accounts payable and accrued expenses | $59,060 |
| 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 | $59,060 |
| Net assets without donor restrictions | $327,319 |
| 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 | $386,379 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Foundation Of Arts For N E Arkansas Inc has recieved totaling $181.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $181 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Volunteers Of America Inc New Orleans, LA | $26,593,789 | $3,321,092 |
The Foundation Of Arts For N E Arkansas Inc Jonesboro, AR | $386,379 | $940,567 |
Volunteers Of America Inc New Orleans, LA | $1,251,997 | $344,902 |
Volunteers Of America Inc New Orleans, LA | $956,588 | $347,122 |
Volunteers Of America Inc Euless, TX | $2,636,126 | $406,983 |
Mmm Heritage Bell Oaks Housing Corp Conroe, TX | $2,192,675 | $721,540 |
Volunteers Of America Inc Shreveport, LA | $644,023 | $223,150 |
Volunteers Of America Inc Shreveport, LA | $456,590 | $201,031 |
Volunteers Of America Inc Shreveport, LA | $409,397 | $174,710 |
Volunteers Of America Inc Shreveport, LA | $363,821 | $237,813 |
Volunteers Of America Inc Euless, TX | $1,380,339 | $172,816 |
Volunteers Of America Inc Euless, TX | $1,142,427 | $155,943 |