Operating record

Arkansas River Valley Arts Center Foundation Inc

Russellville, AR · EIN 71-0554145 · files the short form (990-EZ), so reduced detail · latest public year 2024

YearMoney inMoney outResultReserve mo.Staffing
2021$121,748$97,066$24,6828.3
2022$88,420$92,332−$3,9128.3
2023$126,331$116,248$10,0837.6
2024$82,270$108,888−$26,618-0.3

In its most recent public year (2024), this organization spent $26,618 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.3 months), down from 8.3 in 2021.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗