Arkansas Black Hall of Fame Foundation

Analysis

Arkansas Black Hall of Fame Foundation is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in September 2003, 23 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, Arkansas Black Hall of Fame Foundation reported income of $104k and spending of $72k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $36k to $104k (+190%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 109% 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 Black Hall of Fame Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within AR. Charities of a similar size with the same main cause include Premier Theatre Company Inc ($104k), National Society of the Daughters of the American Revolution ($104k) and East Winds Inc ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $261k against liabilities of $0, net assets of $261k.