Arts One Presents Inc
- Assets
- $1.0m
- Revenue
- $68.2k
- Investments
- $0.0
- Employees
- 11
- Location
- Springdale, AR
- Founding
- 10/1969
- Data as of
- 06/2022
- EIN
- 71-0398247
Organization Overview
Arts One Presents Inc is located in Springdale, AR. The organization was established in 1969. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Arts One Presents Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts One Presents 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 06/2022, Arts One Presents Inc generated $68.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.8%) each year. All expenses for the organization totaled $500.7k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY ARTS CENTER THAT PROVIIDES OPPORTUNITIES FOR LOCAL CHILDREN AND ADULTS TO EXPERIENCE BOTH PERFORMING ARTS AS WELL AS THE VISUSL ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINE ARTS FOR THE PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackson Anne Executive Director | Officer | 30 | $95,385 |
Caldera Edgar Director | Trustee | 2 | $0 |
Carver Lynn Vice President | OfficerTrustee | 2 | $0 |
Cathcart-Sievert Nikki Director | Trustee | 2 | $0 |
Gibson Derek President | OfficerTrustee | 2 | $0 |
Harrison Derek Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,948 |
| Investment income | $650 |
| 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 | $68,235 |
| Statement of Expenses | |
|---|---|
| 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. | $95,385 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $95,167 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,021 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,354 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $75,656 |
| Office expenses | $12,612 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,769 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,756 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,324 |
| All other expenses | $0 |
| Total functional expenses | $500,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,753 |
| Savings and temporary cash investments | $1,028,184 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,046,837 |
| 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 | $3,631 |
| Total liabilities | $3,631 |
| Net assets without donor restrictions | $1,033,720 |
| Net assets with donor restrictions | $9,486 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,043,206 |