HENDRIX-MURPHY FOUNDATION INC

EIN: 710534984 501(c)(3) Education

Conway, AR

Total Revenue
$4,049,461
Total Expenses
$1,530,740
Total Assets
$48,221,226
Net Assets
$48,145,279
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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
AR
Principal Officer
Karen Petersen
Phone
5014501333
Tax Period
2024-06-01 to 2025-05-31

HENDRIX-MURPHY FOUNDATION INC, founded in 1976, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2017. Revenue fell 81% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $498K, a strong 33% operating margin.

Mission

Hendrix Murphy programs are designed to enhance and enrich the study and teaching of literature and language at Hendrix College. The programs seek to invigorate the curriculum, enrich student experience, and encourage faculty development. They accomplish these goals by, among other things, bringing to Hendrix eminent artists, scholars, poets, translators, literary critics, authors, and theatre directors. These distinguished visitors teach classes, present lectures, serve as writers-in=residence, give readings, direct plays, and contribute to the life of the college in many other ways.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $4,044,216
Other Revenue $5,245
TOTAL REVENUE $4,049,461

Expense Breakdown

Grants Paid $1,530,740
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,530,740
Other Expenses $0
TOTAL EXPENSES $1,530,740

Year-over-Year Comparison

2024 2023 Change
Revenue $4,049,461 $3,205,436 +0.3%
Expenses $1,530,740 $1,473,059 +0.0%
Net Income $2,518,721 $1,732,377 +0.5%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anna Murphy Board Member 0.5
Director
$0 $0 $0
Martha Murphy Board Member 0.5
Director
$0 $0 $0
Henry Neely Board Member 0.5
Director
$0 $0 $0
Derrick Smith Board Member 0.5
Director
$0 $0 $0
Tyrone Jaeger Director 40
Director
$0 $0 $0
Karen Tumlinson Board Member 0.5
$0 $0 $0
Teresa Garrett Board Member 0.5
$0 $0 $0
Karen Petersen Chairman 0.5
Officer
$0 $0 $0
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
2025 $4,049,461 $1,530,740 $48,221,226 $2,518,721
2024 $3,205,436 $1,473,059 $46,494,265 $1,732,377
2023 $1,553,992 $1,420,422 $40,239,943 $133,570
2022 $2,411,172 $985,010 $41,397,772 $1,426,162
2021 $2,211,697 $894,960 $45,183,664 $1,316,737
2020 $3,233,827 $1,182,248 $33,540,393 $2,051,579
2019 $301,358 $1,011,243 $32,936,290 $-709,885
2018 $1,524,476 $1,026,599 $33,956,175 $497,877
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