Fostering The Arts is located in Mabelvale, AR. The organization was established in 2016. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Fostering The Arts 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 12/2023, Fostering The Arts generated $20.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $16.3k during the year ending 12/2023. While expenses have increased by 5.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ENRICH AT RISK CHILDREN THROUGH THE ARTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anna Bowman President | 10 | $0 | |
Brad Bowman Vice President | 5 | $0 | |
Heather Vaughn Secretary Treasurer | 5 | $0 | |
Brittney Mariner Board Member | 1 | $0 | |
Stephanie Bryan Board Member | 1 | $0 | |
Joella Peck Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,595 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $20,595 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $2,323 |
Printing, publications, postage, and shipping | $449 |
Other expenses | $13,577 |
Total expenses | $16,349 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $3,229 |
Other assets | $0 |
Total assets | $5,372 |
Total liabilities | $0 |
Net assets or fund balances | $5,372 |