Totals
- Total revenue
- $12,168,510
- Total expenses
- $12,566,062
- Contributions and grants received
- $226,919
- Grants paid
- $0
- Program service revenue
- $11,914,558
- Investment income
- $27,033
- Other revenue
- $0
- Total assets, end of year
- $1,024,860
- Total liabilities, end of year
- $123,552
- Net assets or fund balances, end of year
- $901,308
- Program services expenses (Part IX)
- $12,280,351
- Management and general expenses
- $285,711
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $12,280,351
Program services were 97.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$226,919
-
2a · Program service revenue: STATE FUNDS
total $10,320,366 · related or exempt $10,320,366
-
2b · Program service revenue: FEDERAL FUNDS
total $1,411,837 · related or exempt $1,411,837
-
2c · Program service revenue: MEAL SALES
total $182,355 · related or exempt $182,355
-
3 · Investment income
total $27,033 · excluded $27,033
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $143,412 · program services $131,939 · management and general $11,473
-
7 · Other salaries and wages
total $5,890,352 · program services $5,616,114 · management and general $274,238
-
10 · Payroll taxes
total $440,604 · program services $440,604
-
16 · Occupancy
total $1,141,356 · program services $1,141,356
-
20 · Interest
total $986,807 · program services $986,807
-
24a · Other expenses: OTHER INSTRUCTIONAL AND
total $2,603,948 · program services $2,603,948
-
24b · Other expenses: PRINCIPAL RETIREMENT OF
total $585,000 · program services $585,000
-
24c · Other expenses: FOOD
total $545,508 · program services $545,508
-
24d · Other expenses: EQUIPMENT/VEHICLES
total $216,506 · program services $216,506
-
24e · All other expenses
total $12,569 · program services $12,569
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,515,578 · end of year $689,594
-
2 · Savings and temporary cash investments
beginning of year $160,133 · end of year $187,167
-
4 · Accounts receivable
beginning of year $86,071 · end of year $148,099
-
17 · Accounts payable and accrued expenses
beginning of year $304,869 · end of year $0
-
25 · Other liabilities
beginning of year $158,053 · end of year $123,552
-
29 · Capital stock, trust principal or current funds
beginning of year $798,340 · end of year $35,241
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $500,520 · end of year $866,067
Mission and programs · 2023
Mission
THE MISSION IS TO PROVIDE A RIGOUROUS ACADEMIC PROGRAM WITH A PURPOSED INTEGRATION OF THE ARTS. CHALLENGING OUR STUDENTS ACADEMICALLY WHILE PROVIDING THEM WITH AN ARTS ENCHANCED CURRICULUM.
Activities or mission (Part I)
THE OPERATION OF A TUITION-FREE PUBLIC CHARTER SCHOOL, SERVING GRADES K-12. THE SCHOOLS ACADEMIC PROGRAM IS INCORPORATED WITH AN INTEGRATION OF THE ARTS.
-
APPROXIMANTELY 1220 STUDENTS ATTEND ARKANSAS ARTS ACADEMY. STUDENTS CONTINUE TO MEET OR EXCEED STATE STANDARD TESTING SCORES. STUDENTS ARE ENCOURAGED TO CHALLENGE THEMSELVES AND CONTINUE TO GROW IN THEIR ACADEMIC STUDIES. PARENTS AND TEACHERS WORK TOGETHER TO ASSIST STUDENTS ENROLLED IN AP CLASSES TO MEET THE DEMANDS AND COMPLETE THEM SUCCESSFULLY.
Expenses $12,280,351 · Revenue $11,914,558
As filed on the 2023 return.
Listed in Part VII
-
Cara RileyCARA RILEY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Grant WriterGRANT WRITER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Maurissa RobertsMAURISSA ROBERTS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Adrianne Williams-McGinnisADRIANNE WILLIAMS-MCGINNIS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Emily MelineEMILY MELINE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cynthia CochranCYNTHIA COCHRAN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Mark EvansMARK EVANS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alison Nail-MaolenALISON NAIL-MAOLEN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Allison RobertsALLISON ROBERTS
CEO
- Total calculated
- $143,412
- From this org
- $143,412
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
ARKANSAS ARTS ACADEMY FOUNDATION
501(C)(3) · PROVIDE SUPPORT FOR THE ARKANSAS ARTS ACADEMY · AR
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
BCCSO LLC
REAL ESTATE HOLDING · AR · assets $24,942,571
Directly controlled by ARKANSAS ARTS ACADEMY
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531359349314388
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