ARCADIA LIVE INC DBA KERRVILLE'S 4TH ON THE RIVER

EIN: 451143725 501(c)(3) Philanthropy & Grantmaking

KERRVILLE, TX

Total Revenue
$862,870
Total Expenses
$995,751
Total Assets
$3,939,140
Net Assets
$3,503,571
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
TX
Principal Officer
LARRY HOWARD
Phone
8303709316
Tax Period
2024-01-01 to 2024-12-31

ARCADIA LIVE INC DBA KERRVILLE'S 4TH ON THE RIVER, founded in 2011, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $863K in total revenue in fiscal year 2024. Expenses of $996K exceeded revenue, resulting in a 15% operating deficit.

Mission

ARCADIA LIVE WILL PROMOTE VIBRANT AND DIVERSE ENTERTAINMENT TO DOWNTOWN KERRVILLE, TEXAS. IT WILL PRESERVE THE HISTORIC THEATER LOCATED IN DOWNTOWN KERRVILLE, TEXAS. IT WILL PROVIDE EDUCATION OPPORTUNITIES FOR THE CITIZENS (INCLUDING THE CHILDREN) OF KERRVILLE AND SURROUNDING AREA.

Program Service Accomplishments

Program 1
Expenses: $117,755 Revenue: $32,601

THE ARCADIA LIVE WILL OFFER LIVE ENTERTAINMENT AND CLASSIC FILMS IN THE HISTORIC ARCADIA THEATRE IN DOWNTOWN KERRVILLE AND ANNUALLY PRODUCE A FREE MUSIC FESTIVAL FOR THE 4TH OF THE JULY FOR THE...

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THE ARCADIA LIVE WILL OFFER LIVE ENTERTAINMENT AND CLASSIC FILMS IN THE HISTORIC ARCADIA THEATRE IN DOWNTOWN KERRVILLE AND ANNUALLY PRODUCE A FREE MUSIC FESTIVAL FOR THE 4TH OF THE JULY FOR THE CITIZENS OF KERRVILLE IN THE LOUISE HAYS PARK ON THE BANKS OF THE GUADALUPE RIVER.

Program 2
Expenses: $829,525 Revenue: $463,811

THE ARCADIA THEATRE WILL STAND AS A TESTAMENT TO THE HISTORY OF THIS BEAUTIFUL PLACE WHILE CONTRIBUTING TO THE CULTURE, ARTS, ENTERTAINMENT, AND COMMUNITY THAT MAKES KERRVILLE SO SPECIAL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $286,373
Program Service Revenue $483,767
Investment Income $15
Other Revenue $92,715
TOTAL REVENUE $862,870

Expense Breakdown

Grants Paid $0
Salaries & Benefits $222,488
Fundraising Expenses $24,235
Program Expenses $947,280
Other Expenses $773,263
TOTAL EXPENSES $995,751

Year-over-Year Comparison

2024 2023 Change
Revenue $862,870 $841,078 +0.0%
Expenses $995,751 $1,040,140 0.0%
Net Income $-132,881 $-199,062 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
18
Volunteers
217

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$104,703
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BLAKE SMITH DIRECTOR 3.50
Director
$0 $0 $0
SCOTT STUMBO TREASURER 3.50
Director
$0 $0 $0
LA'CEE PAXTON SECRETARY 3.50
Director
$0 $0 $0
GEORGE PHILLIPS DIRECTOR 1.00
Director
$0 $0 $0
WES LANE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL BURNISTEN DIRECTOR 3.50
Director
$0 $0 $0
KEN SANDOVAL DIRECTOR 1.00
Director
$0 $0 $0
JANICE BOWEN DIRECTOR 3.50
Director
$0 $0 $0
KYLE BOND VICE PRESIDENT 1.00
Officer
$0 $0 $0
LARRY HOWARD PRESIDENT 3.50
Officer
$0 $0 $0
STEVE SCHULTE DIRECTOR 3.50
Officer
$0 $0 $0
WYNTHIA WALTHER DIRECTOR 1.00
Officer
$0 $0 $0
STACIE LEPORATI EXECUTIVE DIRECTOR 40.00
Officer
$71,904 $0 $71,904
LIBBIE A HORTON EVENT COORDINATOR 40.00
Officer
$32,799 $0 $32,799
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $862,870 $995,751 $3,939,140 $-132,881
2023 $841,078 $1,040,140 $4,070,295 $-199,062
2022 $1,168,533 $912,471 $4,327,203 $256,062
2021 $1,365,860 $795,233 $4,315,081 $570,627
2020 $1,951,832 $295,071 $4,272,444 $1,656,761
2018 $1,108,184 $108,703 $1,042,196 $999,481
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