Nonprofit · EIN 26-0225045
THE MUSES INC
Tax-exempt · HOT SPRINGS, AR 71901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $383,799 | $332,916 | $50,883 | $687,237 | $2,847 | $684,390 |
| December 31, 2023 | 990 (amended) | $455,688 | $310,107 | $145,581 | $619,522 | $0 | $619,522 |
| December 31, 2023 | 990-EZ | $0 | $5,721 | -$5,721 | $204,533 | – | $463,061 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $307,732
- Program service revenue
- $66,660
- Investment income
- $9,407
- Net gain from sales of assets
- -$576
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $65,000
- Other salaries and wages
- $52,000
- Salaries, compensation and benefits (total)
- $125,982
- Professional fundraising fees
- $0
- Accounting fees
- $1,725
- Travel
- $7,500
- Depreciation
- $6,081
- Program services (functional)
- $247,593
- Management and general (functional)
- $77,299
- Fundraising (functional)
- $8,024
Balance sheet and other
- Total assets, start of year
- $619,522
- Total assets, end of year
- $687,237
- Total liabilities, end of year
- $2,847
- Net assets, end of year
- $684,390
- Land, buildings and equipment
- $214,805
- Net assets without donor restrictions
- $684,390
- Gross receipts
- $684,960
- Employees
- 2
- Volunteers
- 64
- Year formed
- 2008
- State of legal domicile
- AR
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deleen Davidson | President Trustee or director, Officer | 40 | $65,000 |
| Al Carney | Chairman Trustee or director | 5 | $0 |
| Ron Mills | Director Trustee or director | 5 | $0 |
| Anita Cabe | Director Trustee or director | 5 | $0 |
| Sharon Heflin | Director Trustee or director | 5 | $0 |
| Carol Thomason | Treasurer Trustee or director | 5 | $0 |
| Susanne Babbie | Secretary Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deleen Davidson | President Trustee or director, Officer | 40 | $52,667 |
| Al Carney | Chairman Trustee or director | 5 | $0 |
| Ron Mills | Director Trustee or director | 5 | $0 |
| Anita Cabe | Treasurer Trustee or director | 5 | $0 |
| Sharon Heflin | Secretary Trustee or director | 5 | $0 |
| Carol Thomason | Director Trustee or director | 5 | $0 |
| Susanne Babbie | Director Trustee or director | 5 | $0 |
990-EZ for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deleen Davidson | President | 40 | $0 |
| Al Carney | Chairman | 5 | $0 |
| Ron Mills | Director | 5 | $0 |
| Ron Mills | Director | 5 | $0 |
| Anita Cabe | Treasurer | 5 | $0 |
| Sharon Heflin | Secretary | 5 | $0 |
| Carol Thomason | Director | 5 | $0 |
| Susanne Babbie | Director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 428 ORANGE ST, HOT SPRINGS, AR 71901-5217
- Signed the 990
- Deleen Davidson, Executive Director
- Phone
- (501) 609-9811
- Website
- themusesproject.org
- Return prepared by
- Johnson Mire & Fernandez CPA
Mission
The Muses is a charitable arts organization dedicated to preserving classical art and music through performance and education. The Muses' vision is to inspire, educate, heal, and delight their audience and participants by providing diverse expressions of classical art and education enrichment opportunities to all of the citizens of Arkansas.The organization creates new productions, using classical elements and highly-trained professional performers, in mentoring roles with students and young artists, to inspire audiences and generate interest in, and support for, the classical arts.
Program accomplishments
- This year the Muses presented 32 multi-arts productions These productions are based out of the Muses Cultural Arts Center in Hot Springs, and then toured throughout the region. Each performance is designed to personally enrich participants through direct encounters with the Arts, and inspire excellence and creativity in everyday life.Through the educational outreach The Muses interface regularly with high school and college students, as well as life-long learners (ranging in age from 15 90), providing them with teaching, mentoring and performance opportunities. These artistic encounters are designed to activate a sense of purpose and value, and to strengthen life skills such as, communication, cooperation, commitment, discipline, and teamwork.Expenses $247,593
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-0225045
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $687,237
- Income (IRS master file)
- $684,960
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $383,799 | $332,916 | $687,237 | XML |
| 990 | December 2023 | $455,688 | $310,107 | $619,522 | IRS |
| 990-EZ | December 2023 | $0 | $5,721 | $204,533 | XML |
| 990 | December 2022 | $311,130 | $319,150 | $468,782 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-0225045).
Questions about THE MUSES INC
- What is the EIN of THE MUSES INC?
- The employer identification number (EIN) of THE MUSES INC is 26-0225045.
- Is THE MUSES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to THE MUSES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE MUSES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE MUSES INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE MUSES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of THE MUSES INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $65,000 (Deleen Davidson, President).
- How much revenue does THE MUSES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $383,799, expenses of $332,916 and total assets of $687,237 at year end.
Other nonprofits in HOT SPRINGS
- MID-AMERICA SCIENCE MUSEUM EIN 20-2129318 · last filed 990 for 2025
- HOT SPRINGS DOCUMENTARY FILM INSTITUTE EIN 71-0730452 · last filed 990 for 2024
- CARING PLACE OF HOT SPRINGS INC EIN 20-3787372 · last filed 990 for 2025
- POCKET THEATRE INCORPORATED EIN 71-0788553 · last filed 990 for 2025
- ARKANSAS LEARNING THROUGH THE ARTS EIN 45-4315944 · last filed 990 for 2025
- LOW KEY ARTS INCORPORATED EIN 20-4093585 · last filed 990-EZ for 2025
- ARTCHURCH STUDIOS EIN 26-3230607 · last filed 990 for 2024
- SPEAK LIFE FOUNDATION EIN 47-5354120 · last filed 990-EZ for 2025
All nonprofits in HOT SPRINGS · Arkansas · Arts, culture and humanities