Argus Foundation INC FY2022 filing

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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.

$128K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2022 · 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
$128K
to officers and key staff · 36% of spending
Concern: pay to officers and key staff is 36% of spending; over 30%.
Pt VII · Sec A
17 mo
of spending, in cash
Looks good: 17.2 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
$151K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
23
of 23 voting members
Looks good: 23 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$309K
-22% vs prior year
Spent
$355K
Net assets
$934K
By yearFY2020–FY2025
Revenue
$309K
FY2022▼ -22%
Tap a bar for its year
Revenue by fiscal year
FY2020$389K
FY2021$396K
FY2022$309K
FY2023$387K
FY2024$391K
FY2025$703K
Expenses
$355K
FY2022▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$368K
FY2021$317K
FY2022$355K
FY2023$342K
FY2024$417K
FY2025$380K
Net assets
$934K
FY2022▼ -13%
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 FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

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

Where the money goes

What each dollar paid for.

Fundraising 36% · $129K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

24 people listed on the 990; $128K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$128,500Pt VII · Sec A
Vice President/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$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.

See Argus Foundation INC executive salaries →

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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 · FY2022
01

Individually and in partnership with other community organizations, worked to put the infrastructure in place for the campaign to renew the local optional sales tax that benefits schools, county government, and municipal governments within sarasota county for law enforcement, water quality and the environment, infrastructure, and other…

Pt IX · col B
02

Held in-person events and forums designed to educate the public on issues and people affecting our community, the state, the country, and the world with our meet the minds meetings.

Pt IX · col B
03

Funded a campaign for a city of sarasota charter change to make all referendums on city charter changes occur during regular even year november elections.

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 FY2022 990, line by line.

1The main four
Money inPt VIII
$309K
Ln 12
Gifts and grantsLn 1h$346K
Investment incomeLn 3$17K
Money outPt IX
$355K
Ln 25
Fundraisingcol D$129K
Owns and owesPt X
$934K
net assets · Ln 32
Cash and savingsLn 1–2$508K
Total assetsLn 16$1.1M
LiabilitiesLn 26$151K
PeoplePt VI, VII
24
listed · VII A
PaidVII A1
Voting boardVI 1a23
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$346K
Fundraising eventsLn 1c$129K
Investment incomeLn 3$17K
Total revenueLn 12$309K
Assets in detailPt X, end of year
CashLn 1$320K
SavingsLn 2$188K
Cash and savings togetherLn 1–2$508K
InvestmentsLn 11–13$538K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$2K
Total assetsLn 16$1.1M
LiabilitiesLn 26$151K
Net assetsLn 32$934K
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 FY22End FY22
Cash and savingsLn 1–2$528K$508K
InvestmentsLn 11–13$630K$538K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$1.2M$1.1M
LiabilitiesLn 26$119K$151K
Net assetsLn 32$1.1M$934K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$52
Pay of current officers, directors and key staffLn 5$75K
Other salaries and wagesLn 7$83K
Management feesLn 11a$54K
Accounting feesLn 11c$25K
Investment management feesLn 11f$4K
Advertising and promotionLn 12$10K
Office expensesLn 13$9K
OccupancyLn 16$16K
Conferences, conventions and meetingsLn 19$12K
InsuranceLn 23$4K
Other expenses (24a–d)Ln 24$57K
All other expensesLn 24e$6K
Total functional expensesLn 25$355K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $703K$380K$323K$1.3M 990 PDF
FY2024 $391K$417K−$26K$1.1M 990 PDF
FY2023 $387K$342K$46K$1.1M 990 PDF
FY2022 Viewing $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 O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $309,409 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $381,116$346,230
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $10,351$16,827
I-11 Other revenuePrior year $4,182−$53,648
I-12 Total revenuePrior year $395,649$309,409
I-13 Grants and similar amounts paidPrior year $0$52
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $129,638$157,536
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $187,196$197,484
I-18 Total expensesPrior year $316,834$355,072
I-19 Revenue less expensesPrior year $78,815−$45,663
Part VI · Governance 23 of 23 board members independent, 2 to look at
VI-1a Voting members of the governing body23
VI-1b Independent voting members23
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 $309,409 across 8 lines filed
VIII-1b Membership dues$157,167
VIII-1c Fundraising events$128,563
VIII-1f All other contributions, gifts and grants$60,500
VIII-1h Total contributions, gifts and grants$346,230
VIII-3 Investment incomeExcluded from tax $16,827$16,827
VIII-8 Net income from fundraising eventsExcluded from tax −$54,494−$54,494
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $846$846
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$36,821$309,409
Part IX · Statement of functional expenses $355,072 across 13 lines filed
IX-1 Grants to domestic organizations$52
IX-5 Pay of current officers, directors and key staff$75,000
IX-7 Other salaries and wages$82,536
IX-11a Management fees$53,500
IX-11c Accounting fees$24,915
IX-11f Investment management fees$4,485
IX-12 Advertising and promotion$9,997
IX-13 Office expenses$9,276
IX-16 Occupancy$16,117
IX-19 Conferences, conventions and meetings$11,702
IX-23 Insurance$4,432
IX-24 Other expenses (24a–d)$56,917
IX-24e All other expenses$6,143
IX-25 Total functional expenses$355,072
Part X · Balance sheet $1,085,092 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $317,082$319,503
X-2 Savings and temporary cash investmentsStart of year $211,183$188,428
X-4 Accounts receivableStart of year $22,930$32,164
X-9 Prepaid expenses and deferred chargesStart of year $8,301$5,801
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $630,449$537,691
X-15 Other assetsStart of year $1,505$1,505
X-16 Total assetsStart of year $1,191,450$1,085,092
X-17 Accounts payable and accrued expensesStart of year $3,196$4,209
X-19 Deferred revenueStart of year $115,500$146,550
X-26 Total liabilitiesStart of year $118,696$150,759
X-32 Total net assets or fund balancesStart of year $1,072,754$934,333
X-33 Total liabilities and net assetsStart of year $1,191,450$1,085,092
Part XI · Reconciliation of net assets $934,333 net assets at year end
XI-1 Total revenue$309,409
XI-2 Total expenses$355,072
XI-3 Revenue less expenses−$45,663
XI-4 Net assets at start of year$1,072,754
XI-5 Net unrealized gains (losses) on investments−$92,758
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$934,333

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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