The Foundation of Arts For N E Arkansas Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
The Foundation of Arts For N E Arkansas Inc is a 501(c)(3) organization based in Jonesboro, Arkansas, registered in 1986, with $1,040,175 in FY2023 revenue. CharityIndex grades it B.
115 E Monroe Ave, Jonesboro, AR, 72401 EIN 58-1682412 Since 1986
Revenue (FY2023)
$1.0M
▲ 35.4% vs prior year
Expenses (FY2023)
$830K
Net assets
$521K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Foundation of Arts For N E Arkansas Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +20% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Foundation of Arts For N E Arkansas Inc: 8 mo reserves · +20% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Foundation of Arts For N E Arkansas Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Foundation of Arts For N E Arkansas Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $467K (FY2014) to $1.0M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $70KNet assets $521K
Operating margin
20.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$591K
Total liabilities
$70K
Net assets
$521K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,040,175▲35.4% | $829,644▲6.4% | $520,649▲67.9% | $590,616▲57.2% | 990 |
| 2022 | $767,956▲2.3% | $779,785▲5.6% | $310,118▼8.7% | $375,798▲3.1% | 990 |
| 2021 | $750,725▼20.2% | $738,357▼8.9% | $339,687▲3.8% | $364,497▼5.7% | 990 |
| 2020 | $940,567▲58.7% | $810,839▲47.1% | $327,319▲72.3% | $386,379▲31.6% | 990 |
| 2019 | $592,614▼8.7% | $551,252▼13.2% | $189,981▲27.8% | $293,532▲48.4% | 990 |
| 2018 | $648,962▲12.6% | $635,047▲11.4% | $148,607▲14.4% | $197,749▲21.7% | 990 |
| 2017 | $576,176▲4.2% | $570,240▲1.5% | $129,892▲11.8% | $162,486▼11.9% | 990 |
| 2016 | $553,062▲3.7% | $561,963▲15.3% | $116,156▼7.1% | $184,419▼0.9% | 990 |
| 2015 | $533,280▲14.2% | $487,475▲9.8% | $125,057▲57.8% | $186,175▲27.1% | 990 |
| 2014 | $466,906 | $443,909▼7.0% | $79,252▲47.9% | $146,439▲75.5% | 990 |
| 2012 | — | $477,308▲4.1% | $53,590▼7.9% | $83,427▲5.5% | 990 |
| 2011 | — | $458,648▼8.3% | $58,184▲12.3% | $79,110▼1.3% | 990 |
| 2010 | — | $499,937▲6.2% | $51,806▼27.8% | $80,123▼27.6% | 990 |
| 2009 | — | $470,660 | $71,717 | $110,669 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $59K total
6 grants to The Foundation of Arts For N E Arkansas Inc totaling $59K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Arkansas Community Foundation Inc | Annual support | 2023 | $35,000 |
| Northeast Arkansas Clinic Char Foundation Inc | Sponsorship nutcracker & bwb | 2022 | $5,500 |
| Community Foundation of Greater Memphis Inc | General operational support | 2018 | $2,500 |
| Arkansas Community Foundation Inc | Year-long tuition waiver program | 2017 | $7,500 |
| Arkansas Community Foundation Inc | General operating support | 2017 | $6,471 |
| Arkansas Community Foundation Inc | Cccf sponsorship of spring production | 2017 | $2,500 |
Frequently asked questions
- Is The Foundation of Arts For N E Arkansas Inc a legitimate nonprofit?
- Yes. The Foundation of Arts For N E Arkansas Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1682412, based in Jonesboro, Arkansas. Donations are tax-deductible.
- What is The Foundation of Arts For N E Arkansas Inc's EIN?
- The Foundation of Arts For N E Arkansas Inc's Employer Identification Number (EIN) is 58-1682412.
- How much revenue does The Foundation of Arts For N E Arkansas Inc report?
- The Foundation of Arts For N E Arkansas Inc reported $1,040,175 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does The Foundation of Arts For N E Arkansas Inc have?
- CharityIndex grades The Foundation of Arts For N E Arkansas Inc B, based on financial health (reserves and operating margin).
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Data for The Foundation of Arts For N E Arkansas Inc (EIN 58-1682412) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.