Argus Foundation Inc

Organization Overview

Argus Foundation Inc is located in Sarasota, FL. The organization was established in 1983. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Argus Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Argus Foundation Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Argus Foundation Inc generated $395.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $316.8k during the year ending 12/2021. While expenses have increased by 13.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ARGUS FOUNDATION APPLIES BUSINESS LEADERSHIP TO IMPORTANT COMMUNITY ISSUES. THE ARGUS FOUNDATION IDENTIFIES, EDUCATES, ADVOCATES AND COLLABORATES ON SOLUTIONS FOR ISSUES IMPACTING SARASOTA COUNTY INCLUDING GOVERNANCE, EDUCATION, ECONOMIC DEVELOPMENT, ENVIRONMENT AND LAND PLANNING, HEALTH AND HUMAN SERVICES, AND TRANSPORTATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INDIVIDUALLY AND IN PARTNERSHIP WITH OTHER COMMUNITY ORGANIZATIONS, WORKED TO PUT THE INFRASTRUCTURE IN PLACE FOR THE CAMPAIGN TO RENEW THE LOCAL OPTIONAL SALES TAX THAT BENEFITS SCHOOLS, COUNTY GOVERNMENT, AND MUNICIPAL GOVERNMENTS WITHIN SARASOTA COUNTY FOR LAW ENFORCEMENT, WATER QUALITY AND THE ENVIRONMENT, INFRASTRUCTURE, AND OTHER COMMUNITY NEEDS.


RESEARCHED AND WROTE VARIOUS ARTICLES AND COLUMN ON IMPORTANT ISSUES AFFECTING THE COMMUNITY.


HELD IN-PERSON EVENTS AND FORUMS DESIGNED TO EDUCATE THE PUBLIC ON ISSUES AND PEOPLE AFFECTING OUR COMMUNITY, THE STATE, THE COUNTRY, AND THE WORLD WITH OUR MEET THE MINDS MEETINGS.


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Board, Officers & Key Employees

Name (title)Compensation
Christine S Robinson
Executive Director
$129,542
Norman J Shea III
Treasurer
$0
Kirk Boylston
Vice President
$0
F John Lacivita
President
$0
Robert W Brown
Vice President
$0
E John Wagner
Past President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$167,250
Fundraising events$154,366
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$59,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$381,116
Total Program Service Revenue$0
Investment income $10,351
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $4,182
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $395,649

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