Nonprofit · EIN 48-1256503
DOWNTOWN BENTONVILLE INC
Tax-exempt · BENTONVILLE, AR 72712
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $1,143,290 | $1,107,578 | $35,712 | $887,087 | $555,021 | $332,066 |
| December 31, 2023 | 990 | $1,134,428 | $1,136,566 | -$2,138 | $361,982 | $65,628 | $296,354 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $373,100
- Program service revenue
- $763,812
- Investment income
- $6,378
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $576,173
- Salaries, compensation and benefits (total)
- $576,173
- Professional fundraising fees
- $0
- Occupancy
- $39,931
- Travel
- $302
- Depreciation
- $2,388
- Program services (functional)
- $698,070
- Management and general (functional)
- $347,879
- Fundraising (functional)
- $61,629
Balance sheet and other
- Total assets, start of year
- $361,982
- Total assets, end of year
- $887,087
- Total liabilities, end of year
- $555,021
- Net assets, end of year
- $332,066
- Land, buildings and equipment
- $5,414
- Net assets without donor restrictions
- $200,331
- Net assets with donor restrictions
- $131,735
- Gross receipts
- $1,143,290
- Employees
- 8
- Volunteers
- 10
- Year formed
- 2000
- 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 |
|---|---|---|---|
| Schlagenhaft Dana | Executive Director Officer | 40 | $85,704 |
| Culpepper Lee | Board Member Trustee or director | 1 | $0 |
| Dearing Michelle | Board Member/Board VP Trustee or director | 2 | $0 |
| Gober Kirk | Board President Trustee or director, Officer | 1 | $0 |
| Greenhaw Neil | Board Member Trustee or director | 1 | $0 |
| Horn Amanda | Board Member Trustee or director | 1 | $0 |
| Hurban Randall | Board Treasurer Trustee or director | 1 | $0 |
| Meek Brett | Board Member Trustee or director | 1 | $0 |
| Pickett Jeremiah | Board Member Trustee or director | 1 | $0 |
| Cristofaro Jennifer | Board Member Trustee or director | 1 | $0 |
| Soos Craig | Board Member Trustee or director | 1 | $0 |
| Gengelbach Brandom | Board Member Trustee or director | 1 | $0 |
| Stephens Beth | Board Member Trustee or director | 1 | $0 |
| Garner Todd | Board Member Trustee or director | 1 | $0 |
| Marpe Stephanie | Operations Director Officer | 40 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nolan Aaron | Communications Director Officer | 40 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carson Kelly | Board Member Trustee or director | 1 | $0 |
| Culpepper Lee | Board Member Trustee or director | 1 | $0 |
| Dearing Michelle | Board Member/Board VP Trustee or director | 2 | $0 |
| Gober Kirk | Board President Trustee or director | 1 | $0 |
| Greenhaw Neil | Board Member Trustee or director, Key employee | 1 | $0 |
| Horn Amanda | Board Member Trustee or director | 1 | $0 |
| Hurban Randall | Board Treasurer Trustee or director | 1 | $0 |
| Meek Brett | Board Member Trustee or director | 1 | $0 |
| Parsons Katie | Board Secretary Trustee or director | 1 | $0 |
| Pickett Jeremiah | Board Member Trustee or director | 1 | $0 |
| Rao Megha | Board Member Trustee or director | 1 | $0 |
| Cristofaro Jennifer | Board Member Trustee or director | 1 | $0 |
| Husong Robert | Board Member Trustee or director | 1 | $0 |
| Rascoe Crystal | Board Member Trustee or director | 1 | $0 |
| Soos Craig | Board Member Trustee or director | 1 | $0 |
| Marpe Stephanie | Operations Director Officer | 40 | $0 |
| Nolan Aaron | Communications Director Officer | 40 | $0 |
| Schlagenhaft Dana | Executive Director Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 111 S MAIN ST, BENTONVILLE, AR 72712-5960
- Principal officer (990 for 2024)
- Kirk Gober, 103 S Main Street, Bentonville, AR 72712
- Signed the 990
- Kirk Gober, President
- Phone
- (479) 254-0254
- Website
- DowntownBentonville.org
- Return prepared by
- SF Fiser and Company
Mission
To strengthen and enhance the downtown Bentonville experience for those who live, work, play, and visit downtown.
Program accomplishments
- To develop and maintain the character of downtown Bentonville through activities such as the Saturday morning Farrners Market that starts in April and continues through October. First Friday offers live music and great food on the Square. Notes at Night offers free music on the Square once a month, helping downtown restaurants work with local musicians. Additionally, Downtown Bentonville oversees many of the activities such as holiday lighting, parades, and other events that occur during the day and evenings that will attract families or those looking to get out for the nightExpenses $698,070
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
- 48-1256503
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A80)
- Assets (IRS master file)
- $887,087
- Income (IRS master file)
- $1,143,290
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,143,290 | $1,107,578 | $887,087 | XML |
| 990 | December 2023 | $1,134,428 | $1,136,566 | $361,982 | XML |
| 990 | December 2022 | $957,958 | $1,101,239 | $373,528 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 48-1256503).
Questions about DOWNTOWN BENTONVILLE INC
- What is the EIN of DOWNTOWN BENTONVILLE INC?
- The employer identification number (EIN) of DOWNTOWN BENTONVILLE INC is 48-1256503.
- Is DOWNTOWN BENTONVILLE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to DOWNTOWN BENTONVILLE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DOWNTOWN BENTONVILLE 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 DOWNTOWN BENTONVILLE 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 DOWNTOWN BENTONVILLE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DOWNTOWN BENTONVILLE INC?
- The 990 for the year ended December 31, 2024 names Kirk Gober.
- Who are the officers and directors of DOWNTOWN BENTONVILLE INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $85,704 (Schlagenhaft Dana, Executive Director).
- How much revenue does DOWNTOWN BENTONVILLE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,143,290, expenses of $1,107,578 and total assets of $887,087 at year end.
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All nonprofits in BENTONVILLE · Arkansas · Arts, culture and humanities