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Arts, Culture & Humanities · 2024 Form 990

Walton Arts Center Council Inc: $52.3M Revenue, $51.9M Expenses

Fayetteville, Arkansas · EIN 710647212 · Filing year 2024

Walton Arts Center Council Inc reported $52.3M in total revenue, $51.9M in total expenses, and $107.0M in total assets on its 2024 IRS Form 990. Total compensation for current officers and key employees was $2.4M (4.53% of revenue). NonprofitTruth efficiency grade: B (71/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2024.

Reviewed by NonprofitTruth Editorial Team · Updated
B
Efficiency Score
71/100

Key Facts (2024 Form 990)

Total Revenue
$52.3M
Total Expenses
$51.9M
Total Assets
$107.0M
Reserve Months
24.7 months
Surplus / (Deficit)
$338K
EIN
710647212
Latest 990 Year
2024
Current-Officer Compensation
$2.4M
Officer Comp % of Revenue
4.53%

The efficiency rubric puts Walton Arts Center Council Inc at a B grade: a composite of 71/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.

At $52.3M in 2024 revenue, Walton Arts Center Council Inc sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. On the reserves factor, Walton Arts Center Council Inc scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).

Five-year revenue trajectory is strongly positive: Walton Arts Center Council Inc has grown materially in real terms, which usually signals successful fundraising and program expansion. Officer compensation is on the higher side of the band typical for nonprofits this size: $2.4M in total current-officer compensation against $52.3M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Walton Arts Center Council Inc sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.


$52.3M
Revenue
$51.9M
Expenses
$107.0M
Total Assets
$2.4M
Officer Compensation

How Walton Arts Center Council Inc Compares

Walton Arts Center Council Inc earns a NonprofitTruth efficiency grade of B (71/100). That is 15 points above the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 4.53% of total revenue. The organization holds 24.7 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$51.9M
Total Expenses
Filing year 2024
$2.4M
Officer Compensation
4.53% of revenue
24.7 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Walton Arts Center Council Inc reported $52.3M in revenue against $51.9M in total functional expenses for filing year 2024, holding roughly 24.7 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $2.4M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 4.53% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Walton Arts Center Council Inc has a NonprofitTruth Efficiency Score of B (71/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Walton Arts Center Council Inc, Donor FAQ

Walton Arts Center Council Inc has a NonprofitTruth Efficiency Score of B (71/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Walton Arts Center Council Inc reports $2.4M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 4.53% of the organization's $52.3M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Walton Arts Center Council Inc reported $52.3M in annual revenue and $51.9M in total expenses for filing year 2024. The organization holds $107.0M in total assets.

Walton Arts Center Council Inc holds approximately 24.7 months of operating reserves (total assets relative to annual expenses) based on its 2024 IRS Form 990, one input into its B efficiency grade.

Walton Arts Center Council Inc is a registered 501(c) organization with EIN 710647212, based in Fayetteville, Arkansas. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.