The Argus Foundation applies business leadership to important community issues. The Argus Foundation identifies, educates, advocates and collaborates on solutions for issues impacting sarasota county including governance, education, economic development, environment and land planning, health and human services, and transportation.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Run by 35 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

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FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $66K a year · 15% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$163K
to officers and key staff · 43% of spending
Concern: pay to officers and key staff is 43% of spending; over 30%.
Pt VII · Sec A
14 mo
of spending, in cash
Plus $964K in investments, Pt X · Ln 11–13
Looks good: 13.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$155K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
24
of 24 voting members
Looks good: 24 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$703K
+80% vs prior year
Spent
$380K
Net assets
$1.3M
By yearFY2020–FY2025
Revenue
$703K
FY2025▲ +80%
Tap a bar for its year
Revenue by fiscal year
FY2020$389K
FY2021$396K
FY2022$309K
FY2023$387K
FY2024$391K
FY2025$703K
Expenses
$380K
FY2025▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2020$368K
FY2021$317K
FY2022$355K
FY2023$342K
FY2024$417K
FY2025$380K
Net assets
$1.3M
FY2025▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020$905K
FY2021$1.1M
FY2022$934K
FY2023$1.1M
FY2024$1.1M
FY2025$1.3M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1983.

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

Who runs it and what they're paid

25 people listed on the 990; $163K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$163,000Pt VII · Sec A
1st Vice President/ Treasurer
$0Pt VII · Sec A
2nd Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Christine S Robinson$163,000$162,085$144,042$128,500$129,542$138,750

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.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Applies business leadership to solve community issues like education, environment, and health.

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Provided by the organization

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3 programs · in their own filed words · FY2025
01

Devoted substantial resources to the improvement of county stormwater maintenance and management, including advocating for special workshops and forming partnerships to ensure the continued work by sarasota county on city of sarasota stormwater.

Pt IX · col B
02

We delivered a comprehensive, nonpartisan analysis of the north port special referendums to inform voter decision-making in a partnership with florida taxwatch.

Pt IX · col B
03

Actively participated in the city of sarasota city manager selection process and initial stages of the downtown master plan.

Pt IX · col B

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 1 funder$10K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$703K
Ln 12
Gifts and grantsLn 1h$441K
Investment incomeLn 3$286K
Money outPt IX
$380K
Ln 25
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$429K
Total assetsLn 16$1.4M
LiabilitiesLn 26$155K
PeoplePt VI, VII
25
listed · VII A
PaidVII A1
Voting boardVI 1a24
IndependentVI 1b24
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$441K
Fundraising eventsLn 1c$173K
Investment incomeLn 3$286K
Gains on assetsLn 7$250K
Total revenueLn 12$703K
Assets in detailPt X, end of year
CashLn 1$161K
SavingsLn 2$268K
Cash and savings togetherLn 1–2$429K
InvestmentsLn 11–13$964K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$2K
Total assetsLn 16$1.4M
LiabilitiesLn 26$155K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 52
VolunteersI 635
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$536K$429K
InvestmentsLn 11–13$656K$964K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$1.2M$1.4M
LiabilitiesLn 26$124K$155K
Net assetsLn 32$1.1M$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$60K
Other salaries and wagesLn 7$82K
Payroll taxesLn 10$11K
Management feesLn 11a$103K
Accounting feesLn 11c$24K
Investment management feesLn 11f$6K
Advertising and promotionLn 12$9K
Office expensesLn 13$12K
OccupancyLn 16$16K
Conferences, conventions and meetingsLn 19$15K
InsuranceLn 23$6K
Other expenses (24a–d)Ln 24$35K
All other expensesLn 24e$552
Total functional expensesLn 25$380K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $703K$380K$323K$1.3M 990 PDF
FY2024 $391K$417K−$26K$1.1M 990 PDF
FY2023 $387K$342K$46K$1.1M 990 PDF
FY2022 $309K$355K−$46K$934K 990 PDF
FY2021 $396K$317K$79K$1.1M 990 PDF
FY2020 $389K$368K$21K$905K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $703,033 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $371,645$441,077
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $41,137$285,994
I-11 Other revenuePrior year −$21,871−$24,038
I-12 Total revenuePrior year $390,911$703,033
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $150,808$153,499
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $266,493$226,696
I-18 Total expensesPrior year $417,301$380,195
I-19 Revenue less expensesPrior year −$26,390$322,838
Part VI · Governance 24 of 24 board members independent, 2 to look at
VI-1a Voting members of the governing body24
VI-1b Independent voting members24
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $703,033 across 8 lines filed
VIII-1b Membership dues$201,000
VIII-1c Fundraising events$172,997
VIII-1f All other contributions, gifts and grants$67,080
VIII-1h Total contributions, gifts and grants$441,077
VIII-3 Investment incomeExcluded from tax $36,072$36,072
VIII-7 Net gain or loss on sales of assetsExcluded from tax $249,922$249,922
VIII-8 Net income from fundraising eventsExcluded from tax −$24,038−$24,038
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $261,956$703,033
Part IX · Statement of functional expenses $380,195 across 13 lines filed
IX-5 Pay of current officers, directors and key staff$60,000
IX-7 Other salaries and wages$82,500
IX-10 Payroll taxes$10,999
IX-11a Management fees$103,000
IX-11c Accounting fees$24,000
IX-11f Investment management fees$6,382
IX-12 Advertising and promotion$9,495
IX-13 Office expenses$11,562
IX-16 Occupancy$16,431
IX-19 Conferences, conventions and meetings$14,529
IX-23 Insurance$5,709
IX-24 Other expenses (24a–d)$35,036
IX-24e All other expenses$552
IX-25 Total functional expenses$380,195
Part X · Balance sheet $1,429,576 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $289,619$161,144
X-2 Savings and temporary cash investmentsStart of year $246,346$267,695
X-4 Accounts receivableStart of year $20,692$23,281
X-9 Prepaid expenses and deferred chargesStart of year $18,573$12,090
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $655,785$963,861
X-15 Other assetsStart of year $1,505$1,505
X-16 Total assetsStart of year $1,232,520$1,429,576
X-17 Accounts payable and accrued expensesStart of year $5,078$9,079
X-19 Deferred revenueStart of year $118,675$145,500
X-26 Total liabilitiesStart of year $123,753$154,579
X-32 Total net assets or fund balancesStart of year $1,108,767$1,274,997
X-33 Total liabilities and net assetsStart of year $1,232,520$1,429,576
Part XI · Reconciliation of net assets $1,274,997 net assets at year end
XI-1 Total revenue$703,033
XI-2 Total expenses$380,195
XI-3 Revenue less expenses$322,838
XI-4 Net assets at start of year$1,108,767
XI-5 Net unrealized gains (losses) on investments−$156,608
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,274,997

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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