Nonprofit · EIN 71-0481133
MAGNOLIA ARTS COUNCIL INC
Tax-exempt · MAGNOLIA, AR 71753
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $224,643 | $184,589 | $40,054 | $542,022 | $2,185 | $539,837 |
| June 30, 2024 | 990 | $166,931 | $172,478 | -$5,547 | $500,962 | $1,179 | $499,783 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $161,806
- of which government grants
- $128,263
- Program service revenue
- $61,557
- Investment income
- $1,280
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $31,634
- Other salaries and wages
- $14,763
- Salaries, compensation and benefits (total)
- $50,038
- Professional fundraising fees
- $0
- Accounting fees
- $1,513
- Occupancy
- $16,747
- Depreciation
- $18,859
- Program services (functional)
- $98,373
- Management and general (functional)
- $59,657
- Fundraising (functional)
- $26,559
Balance sheet and other
- Total assets, start of year
- $500,962
- Total assets, end of year
- $542,022
- Total liabilities, end of year
- $2,185
- Net assets, end of year
- $539,837
- Land, buildings and equipment
- $428,218
- Net assets without donor restrictions
- $471,488
- Net assets with donor restrictions
- $68,349
- Gross receipts
- $224,643
- Employees
- 12
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARISSA ALEXANDER | DIRECTOR Trustee or director | – | $0 |
| MIKE BOYD | TREASURER Trustee or director, Officer | – | $0 |
| KURT COPPERSMITH | VICE PRESIDE Trustee or director, Officer | – | $0 |
| JOE HUGHES | DIRECTOR Trustee or director | – | $0 |
| ZANETA KITCHENS | PRESIDENT Trustee or director, Officer | – | $0 |
| STEVEN OCHS | DIRECTOR Trustee or director | – | $0 |
| JIM PIERCE | DIRECTOR Trustee or director | – | $0 |
| CANDACE RANKIN | DIRECTOR Trustee or director | – | $0 |
| JOHN SCHNEIDERWIND | DIRECTOR Trustee or director | – | $0 |
| LACEY STUART | SECRETARY Trustee or director, Officer | – | $0 |
| CONNIE WILSON | DIRECTOR Trustee or director | – | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARISSA ALEXANDER | DIRECTOR Trustee or director | – | $0 |
| MIKE BOYD | DIRECTOR Trustee or director | – | $0 |
| KURT COPPERSMITH | VICE PRESIDE Trustee or director, Officer | – | $0 |
| STEVE CROWELL | DIRECTOR Trustee or director | – | $0 |
| VIVIAN GRAHAM | DIRECTOR Trustee or director | – | $0 |
| ZANETA KITCHENS | VICE PRESIDE Trustee or director, Officer | – | $0 |
| STEVEN OCHS | DIRECTOR Trustee or director | – | $0 |
| MIKAYLA PETERSON-DEES | SECRETARY Trustee or director, Officer | – | $0 |
| JIM PIERCE | DIRECTOR Trustee or director | – | $0 |
| CANDACE RANKIN | DIRECTOR Trustee or director | – | $0 |
| CONNIE WILSON | DIRECTOR Trustee or director | – | $0 |
| WALLY WOOD | TREASURER Trustee or director, Officer | – | $0 |
| MARISSA YOUNGBLOOD | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 116 S WASHINGTON, MAGNOLIA, AR 71753-3523
- In care of
- % ROBERT L EDSTROM
- Mailing address (990-N for 2009)
- PO BOX 672, MAGNOLIA AR 71754
- Principal officer (990 for 2024)
- JANET RIDER-BABBITT
- Principal officer (990-N for 2009)
- JANET R BABITT, PO BOX 9446, MAGNOLIA AR 71754
- Signed the 990
- JANET RIDER-BABBITT, EXECUTIVE DIRECTOR
- Phone
- (870) 901-3600
- Website
- WWW.MAGNOLIAARTS.NET
- Return prepared by
- WOOD AND WOOD LTD
Mission
THE ORGANIZATION STRIVES TO BRING ART OF ALL KINDS TO THE PEOPLE OF COLUMBIA COUNTY, ARKANSAS
Program accomplishments
- ART SHOWS AND THEATRICAL PRODUCTIONS.Expenses $98,373 · revenue $61,557
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 71-0481133
- 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
- 1977
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $542,022
- Income (IRS master file)
- $224,643
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $224,643 | $184,589 | $542,022 | XML |
| 990 | June 2024 | $166,931 | $172,478 | $500,962 | XML |
| 990 | June 2023 | $173,266 | $165,623 | $505,345 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-N for 2009 Officer: JANET R BABITT | June 30, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
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 71-0481133).
Questions about MAGNOLIA ARTS COUNCIL INC
- What is the EIN of MAGNOLIA ARTS COUNCIL INC?
- The employer identification number (EIN) of MAGNOLIA ARTS COUNCIL INC is 71-0481133.
- Is MAGNOLIA ARTS COUNCIL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to MAGNOLIA ARTS COUNCIL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAGNOLIA ARTS COUNCIL 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 MAGNOLIA ARTS COUNCIL INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAGNOLIA ARTS COUNCIL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MAGNOLIA ARTS COUNCIL INC?
- The 990 for the year ended June 30, 2025 names JANET RIDER-BABBITT.
- Who are the officers and directors of MAGNOLIA ARTS COUNCIL INC?
- The 990 for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does MAGNOLIA ARTS COUNCIL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $224,643, expenses of $184,589 and total assets of $542,022 at year end.
Other nonprofits in MAGNOLIA
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- SOUTHERN ARKANSAS UNIVERSITY FOUNDATION INC EIN 71-0549140 · last filed 990 for 2024
- COLUMBIA CHRISTIAN SCHOOL EIN 71-0805588 · last filed 990 for 2025
- AREA AGENCY ON AGING OF SOUTHWEST ARKANSAS INC EIN 71-0522341 · last filed 990 for 2025
- MAGNOLIA SPECIALIZED SERVICES INC EIN 71-0397527 · last filed 990 for 2025
- SOUTHWEST ARKANSAS PLANNING & EIN 71-0519750 · last filed 990 for 2025
- PROGRESSIVE ELDERCARE SERVICES INC EIN 27-3040964 · last filed 990 for 2024
- ABILITIES UNLIMITED OF MAGNOLIA ARK INC EIN 71-0353724 · last filed 990 for 2025