Arkansas Museum Of Fine Arts Foundation

Organization Overview

Arkansas Museum Of Fine Arts Foundation is located in Little Rock, AR. The organization was established in 1974. 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. Arkansas Museum Of Fine Arts Foundation 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 06/2021, Arkansas Museum Of Fine Arts Foundation generated $20.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 32.7% each year . All expenses for the organization totaled $40.2m during the year ending 06/2021. 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 ARKANSAS MUSEUM OF FINE ARTS FOUNDATION WAS CREATED BY THE ARKANSAS MUSEUM OF FINE ARTS IN 1972 TO MANAGE AND ADMINISTER AN ENDOWMENT FUND FOR THE BENEFIT OF THE MUSEUM AND TO HOLD LEGAL TITLE TO THE COLLECTION OF ART OBJECTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ARKANSAS MUSEUM OF FINE ARTS FOUNDATION'S MISSION IS TO SUPPORT THE OPERATION OF AND TO PROVIDE A STABLE SOURCE OF INCOME TO THE ARKANSAS MUSEUM OF FINE ARTS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
George O'connor
Treasurer
$0
Warren Stephens
Chairman
$0
Robert Tucker
Past Chair
$0
Victoria Ramirez
Secretary
$0
Ben Hussman
Vice - Chairman
$0
Harriet Stephens
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Stephens Inc
Investment Services
$150,000
Committee For Arts And History
Lobbying
$220,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $4,256,396
All other contributions, gifts, grants, and similar amounts not included above$13,006,577
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$17,262,973
Total Program Service Revenue$0
Investment income $817,445
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,005,318
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $19,970,442

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Arkansas Museum Of Fine Arts Foundation has recieved totaling $185,501.

Awarding OrganizationAmount
American Endowment Foundation

Hudson, OH

PURPOSE: ARTS, CULTURE

$50,000
Raymond James Charitable Endowment Fund

St Petersberg, FL

PURPOSE: GENERAL SUPPORT

$45,000
National Christian Charitable Foundation Inc

Alpharetta, GA

PURPOSE: CULTURE

$25,000
T Rowe Price Program For Charitable Giving Inc

Baltimore, MD

PURPOSE: SPECIAL PROJECT

$25,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$18,001
Arkansas Community Foundation Inc

Little Rock, AR

PURPOSE: DONATION TO OPERATING FUND

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$84,759,983
Earnings$2,419,611
Net Contributions$12,691,036
Other Expense$15,177,374
Ending Balance$84,693,256

Create an account to unlock the data you need.

or