Arkansas Sports Hall of Fame Inc

Analysis

Arkansas Sports Hall of Fame Inc is a registered charity in United States, based in North Little Rock, AR. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arkansas Sports Hall of Fame Inc reported income of $292k and spending of $306k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $334k to $292k (-12%), an average of -3.3% a year. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arkansas Sports Hall of Fame Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within AR. Charities of a similar size with the same main cause include Xelias Aerial Arts Studio ($292k), Rocky Mountain Repertorey Theatre ($293k) and Artsquest Foundation ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $88k (29% of expenses). At year end it held assets of $206k against liabilities of $2,243, net assets of $204k. It reported 1 employees.