Walton Arts Center Foundation Inc

Analysis

Walton Arts Center Foundation Inc is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in August 1988, 38 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Walton Arts Center Foundation Inc reported income of $302k and spending of $738k, spending 245% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $55k to $302k (+444%), an average of +53% a year. The sharpest change came in the year to June 2023, when income rose by 1022%. Over the whole period it spent 282% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Walton Arts Center Foundation 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 62nd percentile, and in the 63rd percentile within AR. Charities of a similar size with the same main cause include Washington County Historical Society Inc ($302k), Henryk Sienkiewicz Polish School NFP ($302k) and First Coast Opera Inc ($302k).

At year end it held assets of $19.3m against liabilities of $0, net assets of $19.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.