Southwest Arkansas Arts Council Inc
- Assets
- $103.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Hope, AR
- Founding
- 12/1986
- Data as of
- 06/2024
- EIN
- 58-1696390
Organization Overview
Southwest Arkansas Arts Council Inc is located in Hope, AR. The organization was established in 1986. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2024, Southwest Arkansas Arts Council Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Arkansas Arts Council 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 06/2024, Southwest Arkansas Arts Council Inc generated $57.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $79.8k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (11.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING AND PROMOTING THE GROWTH AND DEVELOPMENT OF THE ARTS AND HUMANITIES IN SOUTHWEST ARKANSAS THROUGH VARIOUS EDUCATIONAL PROGRAMS, THEATRICAL PERFORMANCES, AND PUBLIC ART PROJECTS.
Describe the Organization's Program Activity:
Part 3
PROGRAM SERIES: THE COUNCIL CONTRACTS WITH PROFESSIONAL PERFORMING ARTISTS FOR PUBLIC CONCERTS AND PREFORMANCES.
ARTS IN EDUCATION: ART, MUSIC, AND DRAMA EDUCATION AND ENTERTAINMENT IS PROVIDED TO AREA SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Campbell Interim Pres | 0 | $0 | |
Wendy Jones Secretary | 0 | $0 | |
Tonya Alvardo Director | 0 | $0 | |
Judy Flowers Director | 0 | $0 | |
Deanna Gilbert Director | 0 | $0 | |
Mittie Harris Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,109 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,068 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,177 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,076 |
| Professional fees and other payments to independent contractors | $2,590 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,150 |
| Total expenses | $79,816 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,145 |
| Other assets | $0 |
| Total assets | $103,837 |
| Total liabilities | $3,414 |
| Net assets or fund balances | $100,423 |