ARKANSAS SYMPHONY ORCHESTRA FOUNDATION

EIN: 710723879 501(c)(3) Arts, Culture & Humanities

LITTLE ROCK, AR

Total Revenue
$1,070,880
Total Expenses
$426,678
Total Assets
$11,521,184
Net Assets
$11,507,654
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
AR
Principal Officer
JOHN ROWLAND
Phone
5016661761
Tax Period
2023-07-01 to 2024-06-30

ARKANSAS SYMPHONY ORCHESTRA FOUNDATION, founded in 1982, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $644K, a strong 60% operating margin.

Mission

THE FOUNDATION HOLDS ENDOWMENT FUNDS TO SUPPORT THE PROGRAMS OF THE ARKANSAS SYMPHONY ORCHESTRA SOCIETY, INC. THE SOCIETY'S PROGRAMS INCLUDE THE PURSUIT OF INCREASING ORCHESTRAL MUSIC APPRECIATION AND INFLUENCE; BROADENING THE BASE OF PATRON AND AUDIENCE AWARENESS AND ENJOYMENT.

Program Service Accomplishments

Program 1
Expenses: $360,792

PROGRAM SUPPORT FOR THE ARKANSAS SYMPHONY ORCHESTRA SOCIETY, INC.

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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 (2023)

Revenue Breakdown

Contributions & Grants $759,758
Program Service Revenue $0
Investment Income $311,122
Other Revenue $0
TOTAL REVENUE $1,070,880

Expense Breakdown

Grants Paid $360,792
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $360,792
Other Expenses $65,886
TOTAL EXPENSES $426,678

Year-over-Year Comparison

2023 2022 Change
Revenue $1,070,880 $2,245,273 -0.5%
Expenses $426,678 $453,208 -0.1%
Net Income $644,202 $1,792,065 -0.6%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
15

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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BYRON EISEMAN DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH ANDREOLI SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN ROWLAND PRESIDENT 1.00
Officer Director
$0 $0 $0
MEREDITH CATLETT DIRECTOR 1.00
Director
$0 $0 $0
RICK ADKINS TREASURER 1.00
Officer Director
$0 $0 $0
ROBERT MOORE DIRECTOR 1.00
Director
$0 $0 $0
MARY FRANCES COTHAM DIRECTOR 1.00
Director
$0 $0 $0
ELEANOR KENNEDY DIRECTOR 1.00
Director
$0 $0 $0
MARION FULK DIRECTOR 1.00
Director
$0 $0 $0
DAN YOUNG DIRECTOR 1.00
Director
$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 No data No data No data No data
2024 $1,070,880 $426,678 $11,521,184 $644,202
2023 $2,245,273 $453,208 $10,088,437 $1,792,065
2022 $227,198 $459,620 $8,222,851 $-232,422
2021 $1,859,513 $398,359 $9,324,342 $1,461,154
2020 $96,866 $292,747 $7,657,500 $-195,881
2019 $452,581 $291,980 $7,853,381 $160,601
2018 $2,547,687 $253,579 $7,692,780 $2,294,108
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