Foundation of the Arkansas Sports Hall of Fame

Analysis

Foundation of the Arkansas Sports Hall of Fame is a registered charity in United States, based in N Little Rock, AR. It received its IRS tax-exemption ruling in March 2001, 25 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 December 2023, Foundation of the Arkansas Sports Hall of Fame reported income of $67k and spending of $4,104, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $15k to $67k (+349%), an average of +46% a year. The sharpest change came in the year to December 2020, when income rose by 266%. Over the whole period it spent 354% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Foundation of the Arkansas Sports Hall of Fame sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within AR. Charities of a similar size with the same main cause include Spark for the Arts ($67k), Ligonier Valley Rail Road Association ($67k) and Antique Fan Collectors Association Inc ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $873k against liabilities of $0, net assets of $873k.