The Argenta Arts Foundation Inc

Analysis

The Argenta Arts Foundation Inc is a registered charity in United States, based in N Little Rock, AR. It received its IRS tax-exemption ruling in March 2011, 15 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Argenta Arts Foundation Inc reported income of $663k and spending of $609k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $416k to $663k (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Argenta Arts Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within AR. Charities of a similar size with the same main cause include Whale Trust ($663k), Cyt Sacramento Inc ($663k) and Isthmus Community Media Inc ($663k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $342k. At year end it held assets of $292k against liabilities of $25k, net assets of $266k. It reported 20 employees.