Deltaarts INC FY2023 filing

Tax-deductible

West Memphis, AR501(c)(3)EIN 71-0488818Revenue $209K in FY2023

On file with the IRSdeltaarts.orgPo Box 1434, 72303-1434 · West Memphis, ARTax-exempt since Jan 1980Publicly supported — 509(a)(2)

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To provide a comprehensive program of art and culture to crittenden county. Including children and adults, with programs that include visual art exhibits, art shows, workshops, youth theater productions, summer youth conservatories and educational events.

501(c)(3) charity; gifts are tax-deductible.
50¢ of each $1 spent went to programs.
$41K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · Form 990Independent: 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
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
0 of 5
filings with a surplus
Average deficit $112K a year · 42% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
50%
of spending
Worth a look: 50% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$41K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 8.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $30K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$209K
-24% vs prior year
Spent
$281K
To programs
50%
Net assets
$1.1M
By yearFY2020–FY2025
Revenue
$209K
FY2023▼ -24%
Tap a bar for its year
Revenue by fiscal year
FY2020$241K
FY2021$265K
FY2022$274K
FY2023$209K
FY2025$339K
Expenses
$281K
FY2023▼ -25%
Tap a bar for its year
Expenses by fiscal year
FY2020$414K
FY2021$396K
FY2022$374K
FY2023$281K
FY2025$422K
Net assets
$1.1M
FY2023▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.4M
FY2021$1.4M
FY2022$1.2M
FY2023$1.1M
FY2025$551K

From the FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 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 Jan 1980.

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

Where the money goes

50 cents of each dollar spent went to programs.

Program services 50% · $141K Management & general 44% · $122K Fundraising 6% · $17K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $41K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$41,103Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Alex Smith—$49,596$49,780$47,650
Amanda Cook$41,103———

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

Offers art and culture programs for all ages, including exhibits, workshops, and theater.

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Provided by the organization

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1 program · $141K · in their own filed words · FY2022
01

To provide a comprehensive program of art and culture to crittenden county. Including children and adults, with programs that include visual art exhibits, art shows, workshops, youth theater productions, summer youth conservatories and educational events.

$141Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$30K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$209K
Ln 12
Gifts and grantsLn 1h$185K
Investment incomeLn 3$16K
Fees for servicesLn 2g$7K
Money outPt IX
$281K
Ln 25
Programscol B$141K
Managementcol C$122K
Fundraisingcol D$17K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$209K
Total assetsLn 16$1.1M
LiabilitiesLn 26$6K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$185K
Government grantsLn 1e$58K
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$7K
Investment incomeLn 3$16K
Total revenueLn 12$209K
Assets in detailPt X, end of year
CashLn 1$209K
Cash and savings togetherLn 1–2$209K
InvestmentsLn 11–13$368K
Land, buildings, equipmentLn 10c$100K
Total assetsLn 16$1.1M
LiabilitiesLn 26$6K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 58
VolunteersI 6150
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$47K$209K
InvestmentsLn 11–13$569K$368K
Land, buildings, equipmentLn 10c$110K$100K
Total assetsLn 16$1.2M$1.1M
LiabilitiesLn 26$18K$6K
Net assetsLn 32$1.2M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$106K$58K$41K$7K
Accounting feesLn 11c$37K$37K
Advertising and promotionLn 12$1K$1K
Information technologyLn 14$15K$8K$6K$1K
OccupancyLn 16$42K$18K$18K$6K
Depreciation, depletion and amortizationLn 22$10K$4K$4K$2K
Other expenses (24a–d)Ln 24$70K$52K$16K$2K
Total functional expensesLn 25$281K$141K$122K$17K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $339K$422K−$83K$551K 990 PDF
FY2024 Not on file
FY2023 Viewing $209K$281K−$72K$1.1M 990 PDF
FY2022 $274K$374K−$99K$1.2M 990 PDF
FY2021 $265K$396K−$131K$1.4M 990 PDF
FY2020 $241K$414K−$173K$1.4M 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
See the full FY2023 990 (6 parts)
Part I · Summary $208,753 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $210,673$184,996
I-9 Program service revenuePrior year $13,720$7,435
I-10 Investment incomePrior year $10,141$16,322
I-11 Other revenuePrior year $39,591$0
I-12 Total revenuePrior year $274,125$208,753
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $170,206$106,296
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $203,351$174,534
I-18 Total expensesPrior year $373,557$280,830
I-19 Revenue less expensesPrior year −$99,432−$72,077
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $208,753 across 12 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$58,074
VIII-1f All other contributions, gifts and grants$126,922
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$184,996
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $7,435 · Unrelated business $0 · Excluded from tax $0$7,435
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $16,322$16,322
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $7,435 · Unrelated business $0 · Excluded from tax $16,322$208,753
Part IX · Statement of functional expenses $280,830 across 7 lines filed
IX-7 Other salaries and wagesPrograms $58,439 · Management $41,184 · Fundraising $6,673$106,296
IX-11c Accounting feesManagement $36,790$36,790
IX-12 Advertising and promotionPrograms $1,047$1,047
IX-14 Information technologyPrograms $8,141 · Management $5,738 · Fundraising $1,011$14,890
IX-16 OccupancyPrograms $17,555 · Management $18,123 · Fundraising $6,082$41,760
IX-22 Depreciation, depletion and amortizationPrograms $4,117 · Management $4,117 · Fundraising $2,057$10,291
IX-24 Other expenses (24a–d)Programs $51,856 · Management $16,254 · Fundraising $1,646$69,756
IX-25 Total functional expensesPrograms $141,155 · Management $122,206 · Fundraising $17,469$280,830
Part X · Balance sheet $1,144,960 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $47,192$209,169
X-3 Pledges and grants receivableStart of year $497,313$467,940
X-10c Land, buildings and equipment, netStart of year $110,250$99,960
X-13 Program-related investmentsStart of year $568,825$367,891
X-16 Total assetsStart of year $1,223,880$1,144,960
X-17 Accounts payable and accrued expensesStart of year $16,980$5,800
X-26 Total liabilitiesStart of year $17,580$5,800
X-27 Net assets without donor restrictionsStart of year $141,262$276,109
X-28 Net assets with donor restrictionsStart of year $1,065,038$863,051
X-32 Total net assets or fund balancesStart of year $1,206,300$1,139,160
X-33 Total liabilities and net assetsStart of year $1,223,880$1,144,960
Part XI · Reconciliation of net assets $1,139,160 net assets at year end
XI-1 Total revenue$208,753
XI-2 Total expenses$280,830
XI-3 Revenue less expenses−$72,077
XI-4 Net assets at start of year$1,206,300
XI-5 Net unrealized gains (losses) on investments$4,526
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$411
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,139,160

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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