2024-11-14T10:17:50-06:00 2024-06-30 710817652 FROST PLLC 4375 N VANTAGE DRIVE SUITE 403 FAYETTEVILLE AR 72703 990 2023-07-01 710647212 WALTON ARTS CENTER COUNCIL INC WALT 4794439216 P O BOX 3547 FAYETTEVILLE AR 72702 PETER LANE CEO/PRESIDENT 4794439216 2024-11-08 1 0 JANET M PTACEK P00226415 4796954300 2024-11-07 2023 2024-10-15 13:58:12Z PETER LANE P O BOX 3547 FAYETTEVILLE AR 72702 52488332 0 X WWW.WALTONARTSCENTER.ORG X 1992 AR TO PRESENT AND PROMOTE THE ARTS IN NORTHWEST ARKANSAS 18 18 842 242 0 0 8628028 10643020 34184858 40384947 530286 1131895 601286 113490 43944458 52273352 0 0 0 0 8439775 9262500 0 0 1405655 38248361 42673151 46688136 51935651 -2743678 337701 97374565 107008629 53260306 61870200 44114259 45138429 TO BRING GREAT PERFORMING ARTISTS AND ENTERTAINERS FROM AROUND THE WORLD TO NORTHWEST ARKANSAS, CONNECTING AND ENGAGING PEOPLE THROUGH INSPIRING ARTS EXPERIENCES 0 0 44924168 40384947 TO PROMOTE AND PROVIDE THE ARTS IN NORTHWEST ARKANSAS THROUGH THE PRESENTATION OF PERFORMANCES, VISUAL ARTS, AND EDUCATIONAL PROGRAMS 44924168 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 125 0 1 842 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 AR X TIM VOGT VP OF FINANCECFO 4794439216 P O BOX 3547 FAYETTEVILLE AR 72702 CLAIRE KOLBERG BOARD MEMBER 1.00 X 0 0 0 DANIELLE WILLIAMS BOARD MEMBER 1.00 X 0 0 0 DIANA MARSHALL BOARD MEMBER 1.00 X 0 0 0 ELDA SCOTT BOARD MEMBER 1.00 X 0 0 0 JOEL FREUND BOARD MEMBER 1.00 X 0 0 0 JUSTIN TENNANT BOARD MEMBER 1.00 X 0 0 0 KAREN ROBERTS VICE-CHAIR/TREASURER 1.00 X 0 0 0 LAURA JACOBS VICE-CHAIR 1.00 X 0 0 0 MATTHEW WALLER BOARD MEMBER 1.00 X 0 0 0 MEGAN TIMBERLAKE VICE-CHAIR 1.00 X 0 0 0 NATE HODNE CHAIR 1.00 X 0 0 0 RYAN HARRINGTON BOARD MEMBER 1.00 X 0 0 0 TONY WALLER VICE-CHAIR 1.00 X 0 0 0 ANTHONY DINICOLA BOARD MEMBER 1.00 X 0 0 0 BARRY BRIAN BOARD MEMBER 1.00 X 0 0 0 CHRIS NICHOLAS BOARD MEMBER 1.00 X 0 0 0 SCOTT VARADY BOARD MEMBER 1.00 X 0 0 0 MARTI SUDDUTH BOARD MEMBER 1.00 X 0 0 0 JEFF MANN CHIEF OPERATING OFFICER 40.00 X 352762 0 17072 PETER LANE CEO/ PRESIDENT 40.00 X 574620 0 35197 TIM VOGT CFO/VP, FINANCE 40.00 X 184116 0 20403 BECKY BRINK VP OF DEVELOPMENT 40.00 X 174327 0 9710 BOB PLESS WAC GENERAL MANAGER & SENI 40.00 X 131630 0 17658 BRIAN CROWNE VP, AMP 40.00 X 117564 0 20721 JENNIFER ROSS VP, PROGRAMMING 40.00 X 115500 0 17380 JO BAILEY DIRECTOR OF FOOD & BEVERAGE 40.00 X 117800 0 1900 JONATHAN DOWNEY DIRECTOR OF INFORMATION TE 40.00 X 168727 0 17330 KYLE MAY DIRECTOR OF DEVELOPMENT WALMART AMP 40.00 X 104423 0 17981 NICK ZAZAL GENERAL MANAGER, AMP 40.00 X 135518 0 15282 2176987 0 190634 11 0 1 0 0 399053 687000 9556967 42041 10643020 TICKET SALES 711300 30966367 30966367 OTHER GENERAL SALES 711300 9417980 9417980 EDUCATIONAL CLASS FEE 711300 600 600 40384947 1011172 1011172 229470 0 229470 229470 229470 120723 0 120723 120723 120723 99000 399053 214980 -115980 -115980 52273352 40384947 0 1245385 2367621 1452640 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UPON WHETHER MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THE UNCERTAIN TAX POSITIONS WILL BE SUSTAINED UPON REVIEW BY THE TAXING AUTHORITIES, THEN THE COUNCIL SHALL INITIALLY AND SUBSEQUENTLY MEASURE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE TAX POSITION MUST MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD WITH CONSIDERATION GIVEN TO THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON SETTLEMENT USING THE FACTS, CIRCUMSTANCES AND INFORMATION AT THE REPORTING DATE. THE COUNCIL WILL REFLECT ONLY THE PORTION OF THE TAX BENEFIT THAT WILL BE SUSTAINED UPON RESOLUTION OF THE POSITION AND APPLICABLE INTEREST ON THE PORTION OF THE TAX BENEFIT NOT RECOGNIZED. BASED UPON MANAGEMENT'S ASSESSMENT, THERE ARE NO UNCERTAIN TAX POSITIONS EXPECTED TO HAVE A MATERIAL IMPACT ON THE COUNCIL'S COMBINED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES MASQUERADE 316695 316695 40281 28810 63218 ART OF WINE 181358 82358 99000 21083 15004 46584 498053 399053 99000 61364 43814 109802 214980 -115980 X 0 0 0 0 0 0 0 0 0 PETER LANE CEO/ PRESIDENT 574620 0 0 0 0 0 20717 0 14480 0 609817 0 0 0 JEFF MANN CHIEF OPERATING OFFICER 352762 0 0 0 0 0 12738 0 4334 0 369834 0 0 0 TIM VOGT CFO/VP, FINANCE 184116 0 0 0 0 0 10267 0 10136 0 204519 0 0 0 JONATHAN DOWNEY DIRECTOR OF INFORMATION TE 168727 0 0 0 0 0 3327 0 14003 0 186057 0 0 0 BECKY BRINK VP OF DEVELOPMENT 174327 0 0 0 0 0 9710 0 0 0 184037 0 0 0 NICK ZAZAL GENERAL MANAGER, AMP 135518 0 0 0 0 0 7173 0 8109 0 150800 0 0 0 PART I, LINE 3 A WRITTEN EMPLOYMENT CONTRACT WAS USED TO ESTABLISH THE COMPENSATION OF THE CEO. INTERNAL SALARIES ARE MEASURED AGAINST BENCHMARKS DERIVED FROM INDEPENDENT MARKET STUDIES. X 6 42041 NYSE X CATERING 10 108321 VALUE OF GOODS DONAT X VENUE/ SIGNAGE 1 50000 VALUE OF GOODS DONAT 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE OF THE BOARD RECEIVES A COPY OF THE 990 FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 A WRITTEN EMPLOYMENT CONTRACT WAS USED TO ESTABLISH THE COMPENSATION OF THE CEO. INTERNAL SALARIES ARE MEASURED AGAINST BENCHMARKS DERIVED FROM INDEPENDENT MARKET STUDIES. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. NWA ENTERTAINMENT LLC 229 N SCHOOL STREET FAYETTEVILLE AR 72703 274630935 CONCERT VENUE AR 35780930 7280232 WALTON ARTS CENTER COUNCIL INC WALTON ARTS CENTER FOUNDATION INC PO BOX 3547 FAYETTEVILLE AR 72702 710646963 APPROVE BUDGETS, MAINTAINS ENDOWMENTS AND OTHER RESTRICTED FUNDS AR 501(C)3 11C N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 WALTON ARTS CENTER FOUNDATION INC C 687000 CASH WALTON ARTS CENTER FOUNDATION INC Q 14500 CASH