EIN 23-7337495

Arkansas Museum of Fine Arts Foundation

Name: Arkansas Museum of Fine Arts Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Little Rock

State

Arkansas

Year formed

1972

Most recent tax filings

2023-12-01

NTEE code, primary

A51: Art Museums

Description

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. The Arkansas Arts center Foundation was created by the Arkansas Arts center in 1972 to manage and administer an endowment fund for the benefit of the center and to hold legal title to the collection of art objects.

Also known as...

Arkansas Arts Center Foundation

Total revenues

$15,980,505

2023

Total expenses

$23,766,934

2023

Total assets

$65,509,682

2023

Num. employees

2023

Program areas at Arkansas Museum of Fine Arts Foundation

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.

Who funds Arkansas Museum of Fine Arts Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Keller Family Foundation	2023-12	Capital Campaign	$298,137
Carol and Witt Stephens Charitable Foundation	2023-12	General Fund	$200,000
Fidelity Investments Charitable Gift Fund	2023-06	For Grant Recipient's Exempt Purposes	$168,175
...and 23 more grants received totalling $1,089,245

Personnel at Arkansas Museum of Fine Arts Foundation

Name	Title	Compensation	Date of data
Laine Harber	Board Member	$0	2024-01-07
Ben Hussman	Vice - Chair	$0	2024-01-07
Robert W. Tucker, P ast	Chair	$0	2024-01-07
George O'Connor	Vice - Chair	$0	2024-01-07
Todd Herman	Secretary	$0	2018-06-30

Financials for Arkansas Museum of Fine Arts Foundation

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$13,452,363	$13,766,063	-2.3%
Program services	$0	$0	-
Investment income and dividends	$1,824,145	$1,281,392	42.4%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$728,346	$-925,454	178.7%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$-24,349	$-66,444	63.4%
Total revenues	$15,980,505	$14,055,557	13.7%

Form 990s for Arkansas Museum of Fine Arts Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-11-14	990	View PDF
2022-12	2023-11-15	990	View PDF
2021-12	2022-11-11	990	View PDF
2021-06	2023-02-22	990	View PDF
2021-06	2022-05-13	990	View PDF
...and 11 more Form 990s

Organizations like Arkansas Museum of Fine Arts Foundation

Organization	Type	Location	Revenue
Virginia Museum of Fine Arts (VMFA)	501(c)(3)	Richmond, VA	$33,257,679
Vero Beach Museum of Art	501(c)(3)	Vero Beach, FL	$21,826,442
Joslyn Art Museum Foundation	501(c)(3)	Omaha, NE	$9,764,883
Greater Columbus Arts Council	501(c)(3)	Columbus, OH	$26,015,610
Tampa Bay Performing Arts Center Foundation	501(c)(3)	Tampa, FL	$13,317,785
Battleship Texas Foundation	501(c)(3)	Houston, TX	$25,008,809
Ohio and Erie Canalway Coalition	501(c)(3)	Akron, OH	$10,846,616
Arts and Humanities Council of Montgomery County	501(c)(3)	Silver Spring, MD	$11,065,506
The Congressional Medal of Honor Museum FDT	501(c)(3)	MT Pleasant, SC	$5,188,907
Chicano Park Museum And Cultural Center	501(c)(3)	San Diego, CA	$10,373,393

Data update history

May 18, 2024

Received grants

Identified 3 new grant, including a grant for $298,137 from Keller Family Foundation

January 22, 2024

Posted financials

Added Form 990 for fiscal year 2022

January 7, 2024

Updated personnel

Identified 13 new personnel

January 2, 2024

Received grants

Identified 12 new grant, including a grant for $1,015,000 from National Christian Foundation / Natl Christian Charitable FDN Inc

October 25, 2023

Received grants

Identified 3 new grant, including a grant for $75,000 from Arvest Foundation

Nonprofit Types

Arts, culture, and humanities nonprofitsMuseumsHeadquarter / parent organizationsCharities

Issues

Arts, cultural, and humanities

Characteristics

Provides grantsLobbyingState / local levelReceives government fundingEndowed supportTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 501 E Ninth St; Little Rock, AR 72202
Metro area: Little Rock-North Little Rock-Conway, AR
County: Pulaski County, AR
Website URL: arkmfa.org/
Phone: (501) 372-4000

IRS details

EIN: 23-7337495
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1972
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: A51: Art Museums
NAICS code, primary: 7121: Museums, Historical Sites, and Similar Institutions
Parent/child status: Central organization

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Arkansas Museum of Fine Arts Foundation

Program areas at Arkansas Museum of Fine Arts Foundation

Who funds Arkansas Museum of Fine Arts Foundation

Personnel at Arkansas Museum of Fine Arts Foundation

Financials for Arkansas Museum of Fine Arts Foundation

Form 990s for Arkansas Museum of Fine Arts Foundation

Organizations like Arkansas Museum of Fine Arts Foundation

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