The Argenta Art Connection Inc
- Assets
- $21.7k
- Revenue
- $40.1k
- Investments
- $0.0
- Employees
- 0
- Location
- North Little Rock, AR
- Founding
- Data as of
- 12/2017
- EIN
- 46-0851466
Organization Overview
The Argenta Art Connection Inc is located in North Little Rock, AR. Argenta Art Connection 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 12/2017, Argenta Art Connection Inc generated $40.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (31.4%) each year. All expenses for the organization totaled $60.5k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (29.3%) per year over the past 3 years. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO BRING ABOUT POSITIVE CHANGE AND TO ASSURE A SAFE, ATTRACTIVE, VIBRANT COMMUNITY THROUGH PARTICIPATING IN ARTS AND CULTURAL PROGRAMS. TO PROVIDE A PATH FOR UNDERSERVED YOUTH TO ACHIEVE HIGHER EDUCATION, CITIZEN LEADERSHIP, AND SELF-SUFFICIENCY THROUGH PAID EMPLOYMENT IN THE CREATIVE ECONOMY. TO COOPERATE WITH OTHER CHARITABLE ORGANIZATIONS, FOUNDATIONS, AND GOVERNMENT ENTITIES THROUGH GRANTS AND OTHERWISE WHICH ARE WORKING TO DEVELOP COMMUNITIES THAT ARE CONDUCIVE TO DEVELOPING AND SUPPORTING ARTS AND HUMANITIES PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO BRING ABOUT POSITIVE CHANGE AND TO ASSURE A SAFE, ATTRACTIVE, VIBRANT COMMUNITY THROUGH PARTICIPATING IN ARTS AND CULTURAL PROGRAMS. TO PROVIDE A PATH FOR UNDERSERVED YOUTH TO ACHIEVE HIGHER EDUCATION, CITIZEN LEADERSHIP, AND SELF-SUFFICIENCY THROUGH PAID EMPLOYMENT IN THE CREATIVE ECONOMY. TO COOPERATE WITH OTHER CHARITABLE ORGANIZATIONS, FOUNDATIONS, AND GOVERNMENT ENTITIES THROUGH GRANTS AND OTHERWISE WHICH ARE WORKING TO DEVELOP COMMUNITIES THAT ARE CONDUCIVE TO DEVELOPING AND SUPPORTING ARTS AND HUMANITIES PROGRAMS.
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) | Role | Hours | Compensation |
|---|---|---|---|
Rodney Ferguson Director - Chair | OfficerTrustee | 1 | $0 |
Joyjit Deb Roy Director - Secretary | OfficerTrustee | 1 | $0 |
Mike Myers Director - Sr. VP - CFO & Treasurer | OfficerTrustee | 1 | $0 |
Joel Gordon Executive Director | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $33,439 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $181 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,620 |
| Total Program Service Revenue | $5,841 |
| Investment income | $1 |
| 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 | $40,123 |
| 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 | $38,306 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,942 |
| Payroll taxes | $3,351 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,245 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $177 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $748 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,411 |
| Insurance | $0 |
| All other expenses | $141 |
| Total functional expenses | $60,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $141 |
| 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 |
| Net Land, buildings, and equipment | $21,604 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,745 |
| 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 | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $21,745 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $21,745 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Argenta Art Connection Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
John And Robyn Horn Foundation Inc Little Rock, AR PURPOSE: OPERATIONS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Parkway Village Inc Little Rock, AR | $46,357,587 | $10,218,970 |
Western Illinois Electrical Coop Carthage, IL | $25,735,291 | $9,998,239 |
Safe Families For Children Alliance Chicago, IL | $3,523,068 | $9,924,305 |
Wnc Bridge Foundation Asheville, NC | $146,559,840 | $12,380,465 |
Healing Place Inc Louisville, KY | $37,666,074 | $13,853,449 |
Douglass Community Services Inc Hannibal, MO | $3,361,431 | $10,312,306 |
Cox Health Systems Hmo Inc Springfield, MO | $37,618,692 | $12,571,299 |
New Orleans Jazz & Heritage Foundation Inc New Orleans, LA | $55,852,647 | $11,473,899 |
Independent Living Services Inc Conway, AR | $17,341,970 | $13,877,516 |
St Margarets New Orleans, LA | $35,749,079 | $9,811,309 |
Bell-Whitley Community Action Agency Inc Pineville, KY | $7,463,214 | $9,666,646 |
Alliance Nctn Foundation Chicago, IL | $4,276,385 | $9,494,506 |