Art Feeds FY2024 filing

Tax-deductible

Fayetteville, AR501(c)(3)Human ServicesEIN 27-1326336Revenue $59K in FY2024

On file with the IRSartfeeds.orgPo Box 1002, 72702-1002 · Fayetteville, ARTax-exempt since Aug 2011Publicly supported charity — 170(b)(1)(A)(vi)

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Art Feeds exists to mobilize creative healing and encourage creative development in children. We are a mobile arts center and community of individuals dedicated to the growth and healing of children through Art. Art Feeds is based out of northwest arkansas and conducts mobile programs with schools and after school programs on a consistent basis with elementary students who have undergone trauma and overcome obstacles. The programs use therapeutic Art and creative education that comes free of cost to the participating students and schools.

501(c)(3) charity; gifts are tax-deductible.
$59K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2024 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $13K a year · 5% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Pay to officers and key staff
$59K
to officers and key staff
No data yet: the filing does not give pay as a share of spending.
Pt VII · Sec A
Named funders
3
named funders · $8K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$25K
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$59K
-65% vs prior year
Net assets
$112K
By yearFY2020–FY2024
Revenue
$59K
FY2024▼ -65%
Tap a bar for its year
Revenue by fiscal year
FY2020$175K
FY2021$308K
FY2022$225K
FY2023$168K
FY2024$59K
FY2024$109K
Expenses
—
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$288K
FY2022$218K
FY2023Not on file
FY2024Not on file
FY2024$163K
Net assets
$112K
FY2024▼ -35%
Tap a bar for its year
Net assets by fiscal year
FY2020$127K
FY2021$147K
FY2022$154K
FY2023$171K
FY2024$112K
FY2024$58K

From the FY2024 Form 990 (year ending June 2024) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

4 people listed on the 990-EZ; $59K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$58,717Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Margaret Bourne’s $80K as President is at the 72nd percentile of top reported officer pay among 2167 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Margaret Bourne$80,423$58,717$59,163$45,314$40,254—
Margaret Bourne-Hulsey—————$39,475
Brooke Lemasters————$26,393$24,899

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Art Feeds executive salaries →

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Programs and updates

Provides free mobile art programs for children healing from trauma.

Provided by the organization

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1 program · $216K · in their own filed words · FY2021
01

These expenses were incurred when providing weekly therapeutic art and creative education programs to approximately 2,000 children in northwest arkansas. Art feeds provides students in the program with an art pack containing all the basic materials needed for creation (glue, scissors, a sketchbook, watercolors, pens, pencils, markers…

$216Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$8K
See all 3 funders →

By the numbers

The FY2024 990-EZ, line by line.

1The main four
Money in
$59K
Other income$59K
Owns and owes
$112K
net assets
Liabilities$25K
People
4
listed
Paid1
2In more detail
Revenue in detail
Other income$59K
Total revenue$59K
Assets in detailEnd of year
Liabilities$25K
Net assets$112K
Operations
Employees3
Volunteers50
Fiscal year endsJune

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $59K$112K 990 PDF
FY2023 $168K$171K 990 PDF
FY2022 $225K$218K$7K$154K 990 PDF
FY2021 $308K$288K$20K$147K 990 PDF
FY2020 $175K$127K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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