2025-02-18T15:29:58-05:00 2024-06-30 843068935 PRZ CPAS & ADVISORS 4200 JENNY LIND RD STE B FORT SMITH AR 72901 990 2023-07-01 716056672 FORT SMITH ART CENTER INC FORT 4797842787 1601 ROGERS AVENUE FORT SMITH AR 72901 KAREN LEWIS ASSISTANT TREASURER 4796465065 2025-02-11 true true MARC LUX CPA P00588449 4796490888 2025-02-18 2023 2025-03-06 01:10:19Z FORT SMITH REGIONAL ART MUSEUM PAUL HANKINS 7004 FOREST CANYON DRIVE FORT SMITH AR 72916 870488 false X WWW.FSRAM.ORG X 1968 AR THE FORT SMITH ART CENTER IS ESTABLISHED TO FOSTER ART APPRECIATION IN THE COMMUNITY THROUGH DIVERSE EXHIBITIONS, EDUCATIONSAL PROGRAMMING, DYNAMIC EVENTS, AND CULTURAL PARTNERSHIPS. 13 13 9 0 707950 661366 126131 180365 15809 26226 16780 2453 866670 870410 0 0 424312 374341 0 79490 574854 442079 999166 816420 -132496 53990 4583934 4661530 18595 21661 4565339 4639869 THE FORT SMITH ART CENTER IS ESTABLISHED TO FOSTER ART APPRECIATION IN THE COMMUNITY THROUGH DIVERSE EXHIBITIONS, EDUCATIONAL PROGRAMMING, DYNAMIC EVENTS, AND CULTURAL PARTNERSHIPS. false false 557491 180365 THE FORT SMITH ART CENTER IS ESTABLISHED TO FOSTER ART APPRECIATION IN THE COMMUNITY THROUGH DIVERSE EXHIBITIONS, EDUCATIONAL PROGRAMMING, DYNAMIC EVENTS, AND CULTURAL PARTNERSHIPS. 557491 true true false false false false false false false false true false false true false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 8 0 true 9 true false false false false false false false false X 13 13 false false false false true true false true true false false false true true true false false false false false AR X A-1 TAX SERVICES INC 4797842787 2125 SOUTH 56TH STREET FORT SMITH AR 72903 X GEORGE BEATTIE TREASURER 1.00 X X 0 0 0 MIREILLE BELINGA DIRECTOR 1.00 X 0 0 0 ROBIN WESTPHAL CLEGG DIRECTOR 1.00 X 0 0 0 DR GEORGIA HALE VICE CHAIRMA 1.00 X X 0 0 0 PAUL HANKINS BOARD CHAIRM 1.00 X X 0 0 0 KAREN LEWIS ASSISTANT TR 1.00 X X 0 0 0 JOAN MCCOY DIRECTOR 1.00 X 0 0 0 LOIS NOVICKI DIRECTOR 1.00 X 0 0 0 SHAREN REEDER DIRECTOR 1.00 X 0 0 0 SANDY SANDERS DIRECTOR 1.00 X 0 0 0 SAM TERRY DIRECTOR 1.00 X 0 0 0 DAVID TYLER SECRETARY 1.00 X X 0 0 0 LINDA UDOUJ DIRECTOR 1.00 X 0 0 0 false false false 4700 656666 661366 EXHIBIT INCOME 128422 128422 GIFT SHOP INCOME 24976 24976 MEMBERSHIP DUES 21474 21474 WORKSHOP INCOME 5493 5493 180365 26304 26304 78 -78 -78 -78 MISCELLANEOUS 2453 2453 2453 870410 182818 26226 279505 134721 92237 52547 72405 34899 23894 13612 22431 10812 7402 4217 22506 22506 4095 1974 1351 770 4996 2408 1649 939 76028 74640 365 1023 14596 7298 7298 133966 131519 644 1803 26174 21930 3909 335 PROGRAM EXPENSE 60543 60543 EXHIBITION EXPENSE 25115 25115 CONTRACT LABOR 22166 19395 2771 GIFT SHOP 20573 20573 31321 8553 21295 1473 816420 557491 179439 79490 149890 227774 300377 303795 483712 544408 461321 457668 583 1415 3717676 1455285 2389017 2262391 422824 434220 46746 52543 329464 377316 4583934 4661530 10583 15168 8012 6493 18595 21661 X 4521507 4624100 43832 15769 4565339 4639869 4583934 4661530 X 53990 13200 7340 X false true X true X 511835 663428 1399949 707950 661366 3944528 54438 72793 103357 142911 182818 556317 566273 736221 1503306 850861 844184 4500845 20000 45250 40000 20100 125350 20000 45250 40000 20100 125350 4375495 10881 2708 4597 16150 26304 60640 10881 2708 4597 16150 26304 60640 577154 738929 1507903 867011 870488 4561485 0.95920 0.96530 0.01000 0.01000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 294000 294000 3310128 1341817 1968311 113548 113468 80 2262391 ART COLLECTION 377316 377316 X 883610 13200 13200 870410 870410 816420 816420 816420 SCHEDULE D, PAGE 3, PART X THE MUSEUM FOLLOWS THE GUIDANCE OF THE ACCOUNTING STANDARDS CODIFICATION (ASC) 740, ACCOUNTING FOR INCOME TAXES, RELATED TO UNCERTAINTIES IN INCOME TAXES, WHICH PRESCRIBES A THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THE YEAR ENDED JUNE 30, 2024, MANAGEMENT OF THE MUSEUM IS NOT AWARE OF ANY MATERIAL UNCERTAIN TAX POSITIONS. ALL TAX EXEMPT ENTITIES ARE SUBJECT TO REVIEW AND AUDIT BY FEDERAL, STATE AND OTHER APPLICABLE AGENCIES. SUCH AGENCIES MAY REVIEW THE TAXABILITY OF UNRELATED BUSINESS INCOME, OR THE QUALIFICATION OF THE TAX-EXEMPT ENTITY UNDER THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUES. FOR FEDERAL TAX PURPOSES, THE TAX RETURNS REMAIN OPEN FOR POSSIBLE EXAMINATION FOR A PERIOD OF THREE YEARS AFTER THE RESPECTIVE FILING DEADLINES OF THOSE RETURNS. FORM 990, PAGE 6, PART VI, LINE 6 MEMBERSHIP IS OPEN TO ALL PERSONS AND FIRMS INTERESTED IN THE ADVANCEMENT OF ART. FORM 990, PAGE 6, PART VI, LINE 7A THE CENTER'S BOARD IS A SELF-PERPETUATING BODY, EACH NEW GROUP OF INCOMING TRUSTEES ARE ELECTED BY THE SERVING TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 11B THE CENTER WAS PROVIDED A COPY OF THEIR FORM 990 BEFORE IT WAS FILED. FORM 990, PAGE 6, PART VI, LINE 12C EACH OFFICER, TRUSTEE, AND KEY EMPLOYEE ARE REQUIRED ANNUALLY TO REVIEW TH E CONFLICT OF INTEREST POLICY. SHOULD A CONFLICT OF INTEREST DEVELOP AT AN Y TIME, THAT PERSON SHALL IMMEDIATELY DISCLOSE SUCH CONFLICT. FORM 990, PAGE 6, PART VI, LINE 19 THE CENTER'S FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 ADJUSTMENT TO RECORD AN ADDITION TO FIXED ASSETS THAT WAS PREVIOUSLY EXPENSED.