American Institute Of Architects
- Assets
- $760.7k
- Revenue
- $532.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 06/1981
- Data as of
- 12/2022
- EIN
- 71-0541151
Organization Overview
American Institute Of Architects is located in Little Rock, AR. The organization was established in 1981. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, 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. American Institute Of Architects 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 12/2022, American Institute Of Architects generated $532.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $440.9k during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ORGANIZE AND UNITE FELLOWSHIP THE ARCHITECTS OF THE STATE OF ARKANSAS; TO COMBINE THEIR EFFORTS SO AS TO PROMOTE THE AESTHETIC, SCIENTIFIC, AND PRACTICAL EFFICIENCY OF THE PROFESSION; TO ADVANCE THE SCIENCE AND ART OF PLANNING AND BUILDING BY ADVANCING THE STANDARDS OF ARCHITECTURAL EDUCATION, TRAINING AND PRACTICE; TO COORDINATE THE BUILDING INDUSTRY AND THE PROFESSION OF ARCHITECTURE TO INSURE THE ADVANCEMENT OF THE LIVING STANDARDS OF OUR PEOPLE THROUGH THEIR IMPROVED ENVIRONMENT; AND TO MAKE THE PROFESSION OF EVER INCREASING SERVICE TO SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES FOR THE EDUCATION AND TRAINING OF ALL MEMBERS IN THE FIELD OF ARCHITECTURE IN ARKANSAS BY PROVIDING CONTINUING EDUCATION PROGRAMS AND SPONSORING AN ANNUAL STATEWIDE CONVENTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Welch Secretary | OfficerTrustee | 1 | $0 |
Jonathan Opitz Past President | OfficerTrustee | 1 | $0 |
Craig Boone President | OfficerTrustee | 1 | $0 |
Patty Opitz Vice President | OfficerTrustee | 1 | $0 |
Brent Stevenson Executive Director | Trustee | 1 | $0 |
Jamey Mcfadden Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brent Stevenson Associates Management Services | 12/30/22 | $177,955 |
Embassy Suites Nwa Convention Expenses | 12/30/22 | $106,529 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $161,739 |
| Investment income | $3,783 |
| 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 | $532,439 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $95,000 |
| Fees for services: Legal | $1,650 |
| Fees for services: Accounting | $1,600 |
| Fees for services: Lobbying | $14,483 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $38,153 |
| Information technology | $796 |
| Royalties | $0 |
| Occupancy | $29,404 |
| Travel | $76,635 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $180,664 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $500 |
| All other expenses | $2,000 |
| Total functional expenses | $440,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $410,959 |
| Savings and temporary cash investments | $318,743 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,110 |
| 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 | $4,863 |
| Total assets | $760,675 |
| Accounts payable and accrued expenses | $1,365 |
| 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 | $1,365 |
| Net assets without donor restrictions | $759,310 |
| 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 | $760,675 |