2024-11-14T10:17:50-06:00 2024-06-30 710817652 FROST PLLC 4375 N VANTAGE DRIVE SUITE 403 FAYETTEVILLE AR 72703 990 2023-07-01 710646963 WALTON ARTS CENTER FOUNDATION INC WALT 4794439216 PO BOX 3547 FAYETTEVILLE AR 72702 PETER LANE CEO/PRESIDENT 4794439216 2024-11-08 1 0 JANET M PTACEK P00226415 4796954300 2024-11-07 2023 2024-10-15 13:58:12Z PETER LANE PO BOX 3547 FAYETTEVILLE AR 72702 8520115 0 X WWW.WALTONARTSCENTER.ORG X 1992 AR THIS ENTITY IS A SUPPORTING ORGANIZATION FOR THE WALTON ARTS CENTER COUNCIL 9 9 0 10 0 0 0 0 0 0 496752 301624 0 0 496752 301624 657000 687000 0 0 0 0 0 0 0 58649 51065 715649 738065 -218897 -436441 17776021 19316668 0 0 17776021 19316668 NONE 0 0 687000 687000 SUPPORTS THE OPERATIONS OF WALTON ARTS CENTER COUNCIL THROUGH THE TRANSFER OF FUNDS FROM RELATED ENDOWMENTS. 687000 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 AR X FOUNDATION'S VP-FINANCECFO 4794439216 PO BOX 3547 FAYETTEVILLE AR 72702 JEFF CLAPPER BOARD MEMBER 0.00 X 0 0 0 MARK POWER BOARD MEMBER 0.00 X 0 0 0 MARYBETH HAYS BOARD MEMBER 0.00 X 0 0 0 GARY PETERS CHAIR 0.00 X X 0 0 0 JACLYN HENDERSON SECRETARY/TREASURER 0.00 X 0 0 0 KELLY SUDDUTH VICE CHAIR 0.00 X 0 0 0 BRETT BIGGS BOARD MEMBER 0.00 X 0 0 0 AL DOMINGUEZ BOARD MEMBER 0.00 X 0 0 0 PETER LANE CEO/PRESIDENT 40.00 X 0 574620 35197 TIM VOGT CFO/VP, FINANCE 40.00 X 0 184116 20403 JEFF MANN CHIEF OPERATING OFFICER 40.00 X 0 352762 17072 BECKY BRINK VP OF DEVELOPMENT 40.00 X 0 174327 9710 KYLE MAY DIRECTOR OF DEVELOPMENT WALMART AMP 40.00 X 0 104423 17981 JO BAILEY DIRECTOR OF FOOD & BEVERAGE 40.00 X 0 117800 1900 JONATHAN DOWNEY DIRECTOR OF INFORMATION TE 40.00 X 0 168727 17330 NICK ZAZAL GENERAL MANAGER, AMP 40.00 X 0 135518 15282 BRIAN CROWNE VP, AMP 40.00 X 0 117564 20721 JENNIFER ROSS VP, PROGRAMMING 40.00 X 0 115500 17380 BOB PLESS WAC GENERAL MANAGER & SENI 40.00 X 0 131630 17658 0 2176987 190634 0 0 1 0 0 163444 163444 8356671 8218491 138180 138180 138180 301624 0 0 301624 687000 687000 5000 5000 35065 35065 9500 9500 MISCELLANEOUS EXPENSE 1500 1500 738065 687000 51065 0 17776021 19316668 17776021 19316668 0 0 X 17776021 19316668 17776021 19316668 17776021 19316668 -436441 1977088 0 X X 0 1 X 1 0 X X 1 WALTON ARTS CENTER COUNCIL INC 710647212 10 1 687000 0 1 687000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 X 1 0 0 17776021 2243646 703000 19316667 17710449 738572 673000 17776021 19454954 -1148505 596000 17710449 14781235 5503719 830000 19454954 15135718 176543 531026 14781235 0.44062 0.55938 0 0 0 POOLED INVESTMENT FUND 19316668 F 19316668 X 2278712 1977088 1977088 301624 0 301624 738065 0 738065 0 738065 PART X, LINE 2: THE FOUNDATION'S POLICY WITH RESPECT TO EVALUATING UNCERTAIN TAX POSITIONS IS BASED UPON WHETHER MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THE UNCERTAIN TAX POSITIONS WILL BE SUSTAINED UPON REVIEW BY THE TAXING AUTHORITIES, THEN THE FOUNDATION SHALL INITIALLY AND SUBSEQUENTLY MEASURE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE TAX POSITIONS MUST MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD WITH CONSIDERATION GIVEN TO THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON SETTLEMENT USING THE FACTS, CIRCUMSTANCES AND INFORMATION AT THE REPORTING DATE. THE FOUNDATION WILL REFLECT ONLY THE PORTION OF THE TAX BENEFIT THAT WILL BE SUSTAINED UPON RESOLUTION OF THE POSITION AND APPLICABLE INTEREST ON THE PORTION OF THE TAX BENEFIT NOT RECOGNIZED. BASED UPON MANAGEMENT'S ASSESSMENT, THERE ARE NO UNCERTAIN TAX POSITIONS EXPECTED TO HAVE A MATERIAL IMPACT ON THE FOUNDATIONS COMBINED FINANCIAL STATEMENTS. 1 WALTON ARTS CENTER COUNCIL INC PO BOX 3547 FAYETTEVILLE AR 72702 710647212 (C) 687000 0 TO SUPPORT THE OPERATIONS OF THE WALTON ARTS CENTER COUNCIL, INC. 0 0 0 0 0 0 0 0 0 PETER LANE CEO/PRESIDENT 0 574620 0 0 0 0 0 20717 0 14480 0 609817 0 0 JEFF MANN CHIEF OPERATING OFFICER 0 352762 0 0 0 0 0 12738 0 4334 0 369834 0 0 TIM VOGT CFO/VP, FINANCE 0 184116 0 0 0 0 0 10267 0 10136 0 204519 0 0 JONATHAN DOWNEY DIRECTOR OF INFORMATION TE 0 168727 0 0 0 0 0 3327 0 14003 0 186057 0 0 BECKY BRINK VP OF DEVELOPMENT 0 174327 0 0 0 0 0 9710 0 0 0 184037 0 0 NICK ZAZAL GENERAL MANAGER, AMP 0 135518 0 0 0 0 0 7173 0 8109 0 150800 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RECEIVES A COPY OF THE 990 FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 A WRITTEN EMPLOYMENT CONTRACT WAS USED TO ESTABLISH THE COMPENSATION OF THE CEO. INTERNAL SALARIES ARE MEASURED AGAINST BENCHMARKS FROM INDEPENDENT MARKET STUDIES. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR WALTON ARTS CENTER COUNCIL INC PO BOX 3547 FAYETTEVILLE AR 72702 710647212 TO STAFF, OPERATE, PROMOTE, AND FUNDRAISE THE WALTON ARTS CENTER AR 501(C)(3) 9 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 WALTON ARTS CENTER COUNCIL INC B 687000 BOOK - CASH WALTON ARTS CENTER COUNCIL INC P 14500 BOOK - CASH