Argus Foundation Inc

Organization Overview

Argus Foundation Inc is located in Sarasota, FL. The organization was established in 1983. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Argus Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Argus Foundation Inc 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 12/2023, Argus Foundation Inc generated $387.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $341.6k during the year ending 12/2023. While expenses have increased by 11.4% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ARGUS FOUNDATION APPLIES BUSINESS LEADERSHIP TO IMPORTANT COMMUNITY ISSUES. THE ARGUS FOUNDATION IDENTIFIES, EDUCATES, ADVOCATES AND COLLABORATES ON SOLUTIONS FOR ISSUES IMPACTING SARASOTA COUNTY INCLUDING GOVERNANCE, EDUCATION, ECONOMIC DEVELOPMENT, ENVIRONMENT AND LAND PLANNING, HEALTH AND HUMAN SERVICES, AND TRANSPORTATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INDIVIDUALLY AND IN PARTNERSHIP WITH OTHER COMMUNITY ORGANIZATIONS, WORKED TO PUT THE INFRASTRUCTURE IN PLACE FOR THE CAMPAIGN TO RENEW THE LOCAL SCHOOL BOARD MILLAGE REFERENDUM THAT BENEFITS SCHOOLS.


WORKED ON EFFORTS TO INCREASE AFFORDABLE HOUSING INVENTORY IN SARASOTA COUNTY INCLUDING ADVOCATING FOR ZONING TEXT AMENDMENTS IN THE CITY OF SARASOTA AND CONNECTING THE PRIVATE SECTOR WITH PUBLIC SECTOR EMPLOYEE HOUSING NEEDS.


HELD IN-PERSON EVENTS AND FORUMS DESIGNED TO EDUCATE THE PUBLIC ON ISSUES AND PEOPLE AFFECTING OUR COMMUNITY, THE STATE, THE COUNTRY, AND THE WORLD WITH OUR MEET THE MINDS MEETINGS.


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Board, Officers & Key Employees

Name (title)Compensation
Christine S Robinson
Executive Director
$144,042
Kirk Boylston
President
$0
Paul J Bispham
Vice President/treasurer
$0
F John Lacivita
Secretary
$0
Robert W Brown
Past President
$0
Cina Welch
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$169,333
Fundraising events$131,676
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$74,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$375,509
Total Program Service Revenue$0
Investment income $37,896
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$26,165
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $387,240

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