Overview
What is Argenta Arts Foundation Inc?
Argenta Arts Foundation Inc, located in North Little Rock, Arkansas, is a nonprofit organization with a mission to foster cultural awareness through arts, leadership, and economic development. They collaborate with other charities to establish a conducive environment for arts and humanities programs. The foundation works diligently to support, encourage, and sustain cultural growth, ultimately contributing to the betterment of their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating
The Argenta Arts Foundation Inc has achieved a 75% score, which translates to a Three-Star rating. This indicates that the organization demonstrates a reasonable level of accountability and financial health, making it a reliable nonprofit in the arts community. Their strong performance in governance is highlighted by having 100% independent board members and a solid whistleblower policy, ensuring transparency and ethical operations.
The foundation also shows strong financial management with a low liabilities to assets ratio of 8.69%, indicating sound fiscal responsibility. Furthermore, their program expense ratio is impressive at 100%, which signifies that all of their expenses are directed towards their programs, reflecting a commitment to their mission without excess overhead costs.
While the organization scores well across various accountability metrics, potential donors may still benefit from understanding the specific impacts of their arts initiatives. Overall, Argenta Arts Foundation Inc stands out for its governance and financial integrity, marking it as a trustworthy choice for philanthropy in the arts sector.
This AI summary has been generated from information found on Charity Navigator.
Is Argenta Arts Foundation Inc legitimate?
Argenta Arts Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Argenta Arts Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $298,986
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What is the mission statement of Argenta Arts Foundation Inc?
The Argenta Arts Foundation Inc's mission is centered around supporting, fostering, and perpetuating cultural awareness through various artistic, leadership, and economic development initiatives. They collaborate with other charitable organizations to establish an environment that nurtures arts and humanities programs. The foundation's activities aim to promote cultural understanding and growth, thereby contributing to a richer societal fabric.
Who is the CEO of Argenta Arts Foundation Inc?
Chris Kent is the Chairman of Argenta Arts Foundation Inc.
What is the revenue of Argenta Arts Foundation Inc?
Argenta Arts Foundation Inc's revenue in 2022 was $585,260.
Who are the executives of Argenta Arts Foundation Inc and what are their salaries?
Here are 13 key members and their salaries:
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- Compensation: $81,000
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Where can I find the form 990 for Argenta Arts Foundation Inc?
Argenta Arts Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Argenta Arts Foundation Inc
Argenta Arts Foundation, a nonprofit organization, is committed to fostering, promoting, and sustaining cultural consciousness through the arts, leadership, and economic development. The foundation collaborates with other charitable entities to establish an environment that encourages and nurtures arts and humanities programs. By doing so, Argenta Arts Foundation contributes to the preservation and advancement of cultural understanding, thereby enriching societal diversity.
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Impact
July, 2024
Argenta Arts Foundation Inc makes a significant impact by supporting and perpetuating cultural awareness through the arts, leadership, and economic development. They collaborate with other charities to create an environment that fosters arts and humanities programs. This initiative not only enhances the cultural landscape but also boosts local economies and promotes community development. The foundation plays a crucial role in enriching the artistic scene and contributing to the overall well-being of the community in North Little Rock, Arkansas.
This information is meant to be a general summary of Argenta Arts Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $857
- Gross Receipts: $585,260
Assets and Liabilities:
- Total Assets: $228,975
- Total Liabilities: $16,510
- Net Assets: $212,465
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Organization Details
Founding Year
2010
Phone
(501) 374-8123Principal Officer
Chris Kent
Main Address
POBOX 1473, NORTH LITTLE ROCK, AR, 72115
NTEE Category
Code: A68 - Arts
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