Rogers Museum Foundation

Rogers, AR · Public charity (501(c)(3)) · Arts & Culture

✓ Tax-deductible Latest data FY2024
Revenue
$39K
▲ +30% vs prior year
Spent
$63K
To programs
25%
Net assets
$658K

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
3 funders, incl. Arkansas Community Foundation INC
$20K in the latest grant year.
Spent on programs?
25% to programs
Form 990 Part IX, latest filing.
Size and trend
<$100K
↑ +30% vs prior year
Legal name (IRS)Hdr · item CRogers Museum Foundation
EINHdr · item D30-0646004
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMar 2012
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CRogers, AR
NTEE classificationIRS BMFArts & Culture (A11)

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.25 Management & general $0.32 Fundraising $0.43
Program services25%$16K
Management & general32%$20K
Fundraising43%$27K
Total functional expensesLn 25$63K

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$39K
FY2024▲ +30%
Expenses
$63K
FY2024▲ +7%
Program efficiency
25%
of spending reaches programs▲ +22% vs prior filing year
Operating runway
126.0mo
months of highly liquid reserves at operating expense rate▼ -0.8% vs prior filing year
Surplus margin
-61%
revenue over expenses, this year▲ +37% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$659K
FY2024▲ +6%
Total liabilities
$459
FY2024
Revenue less expensesPt I · Ln 19−$24K
Total assetsPt X · Ln 16$659K
Program-expense ratioPt IX · col B25%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Balance Sheet

Part X · end of year
CashLn 1$10K
Total assetsLn 16$659K
Total liabilitiesLn 26$459
Total net assetsLn 32$658K
Months of cash on handcomputed1.8

Statement of Revenue

Part VIII
Contributions & grants$32K · 81%
Investment income$7K · 19%
Contributions & grants81%$32K
Investment income19%$7K
Other revenue$21
Total revenueLn 12$39K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $659K · Operating expenses/yr $63K
126.0 months
Where the money goes
Program services
Program services $16K · Total expenses $63K
25%
Management & General
Management & general $20K · Total expenses $63K
32%
Fundraising
Fundraising $27K · Total expenses $63K
43%
Cost to raise $1
Fundraising expense (3-yr avg) $24K · Solicited contributions (3-yr avg) $79K
$0.30 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $32K · Total revenue $39K
81%
Government reliance
Government grants — · Total revenue $39K
—
Earned-income share
Program service revenue $0 · Total revenue $39K
0%
Investment reliance
Investment income $7K · Total revenue $39K
+19%
Program self-sufficiency
Program service revenue $0 · Total expenses $63K
0%
Growth & trend
Revenue growth (YoY)
This year $39K · Prior year $30K
+30%
Net-asset trend (YoY)
End of year $658K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $39K · Expenses $63K
-61%
Liabilities-to-Assets
Total liabilities — · Total assets $659K
—
Net-asset ratio
Net assets $658K · Total assets $659K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $649K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $659K
99%
People & payroll
Highest Reported Total Compensation
Individual Allison McElroy · Reported title ACTING EXECUTIVE DIRECTOR · Highest reported compensation $36K · Total expenses $63K
57%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $36K · Total expenses $63K
57%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 25%——
Overhead ratio 32%——
Fundraising cost ratio 85%——
Revenue growth 30%——
Investment management fee ratio 0.5%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Acting Executive Director
$36,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Allison McElroy’s $36K as Acting Executive Director is at the 91st percentile of top reported officer pay among 250 <$100K arts & culture 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Allison McElroy$36,000$33,000$2,750——
Sherry Ashley——$14,520$12,380$10,116

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 Rogers Museum Foundation executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Supports the Rogers Historical Museum through fundraising and ongoing assistance.

Provided by the organization

This section is blank until Rogers Museum Foundation claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $16K of program spending, described in the organization's own filed words · FY2024.
01

To raise funds and provide ongoing support to the rogers historical museum, a publicly supported educational institution which is a department of the city of rogers, arkansas. The rogers historical museum's program service accomplishments include providing historical education programs to individuals and organizations located in the city…

$16Kprogram expense

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Funders

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 3 funders →
Grants paid · 1 grant · $26K · 2022–2022
City of RogersFY2022$26,457

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $39K$63K+30% 990 PDF
FY2023 $30K$59K-84% 990 PDF
FY2022 $182K$66K-52% 990 PDF
FY2021 $380K$29K×16 990 PDF
FY2020 $23K$40K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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