2025-05-15T09:26:05+00:00 2024-06-30 621665434 WALTON ENTERPRISES LLC PO BOX 1860 BENTONVILLE AR 72712 990 2023-07-01 852907907 Alice L Walton School of Medicine ALIC 4794641570 PO BOX 1860 Bentonville AR 72712 SHARMILA MAKHIJA DEAN, CHIEF EXECUTIVE OFFICER 2025-05-15 true LUKE C MITCHELL P03095207 4794641500 2025-05-15 2023 2025-03-06 01:10:19Z SHARMILA MAKHIJA PO BOX 1860 Bentonville AR 72712 305776788 false X HTTPS://ALWMEDSCHOOL.ORG/ X 2020 AR Alice L. Walton School of Medicine (AWSOM) trains physicians who are devoted to transforming the health of medically underserved and rural communities in Arkansas, its surrounding states, and beyond. AWSOM physicians make a difference by pioneering whole health principles, deploying contemporary technologies, and developing novel partnerships to bridge the gaps to high quality medical care and to promote health and well-being for all individuals and communities. 9 9 43 13 0 0 10899818 266696414 0 0 -8844 6275298 0 10890974 272971712 0 0 0 4061454 8107600 0 0 7475303 14044038 11536757 22151638 -645783 250820074 3481306 291058375 989878 1529632 2491428 289528743 See Part 1, Line 1 for a description of the organization's mission. false false Medical school in Northwest Arkansas that seeks to reimagine medical education in America by creating a pipeline of medical professionals trained in conventional medicine and Whole Health. 0 true true false false false false true false false true false false false true false true false true false true false false false false false false false false true false false false false false false false false true false false false false true false false false true 12 0 true 43 true false false false false false false false false false false false false X 9 9 true false false false true true true true true false false true true true true false false true true false AR X ABIGAIL SPINKS 4794185726 850 Museum Way BENTONVILLE AR 72712 ALICE L WALTON PRESIDENT, DIRECTOR 1.0 19.0 X X 0 0 0 Cheryl Pegus MD DIRECTOR 0.5 0 X 0 0 0 JAMES YOUNG MD DIRECTOR 0.5 0 X 0 0 0 Katherine Hobbs Knutson MD DIRECTOR 0.5 0 X 0 0 0 LARS STEVEN NELSON DIRECTOR (Until 01/25/2024) 0.5 2.0 X 0 0 0 LLOYD MINOR MD DIRECTOR 0.5 0 X 0 0 0 Marc Nivet MD DIRECTOR 0.5 0 X 0 0 0 PATRICK CONWAY MD DIRECTOR 0.5 0 X 0 0 0 Todd Simmons DIRECTOR (FROM 01/25/2024) 0.5 0 X 0 0 0 Valerie Montgomery Rice MD DIRECTOR 0.5 0 X 0 0 0 PHILIP SIGSWORTH CFO & TREASURER (UNTIL 12/14/23) 0.5 2.0 X 0 0 0 RICHARD HOSLEY SECRETARY (until 12/1/23) 0.5 2.0 X 0 0 0 Sharmila Makhija MD Dean, Chief Executive Officer 40.0 0 X 627621 0 17293 SHARON BRIDGES GENERAL COUNSEL, SECRETARY (From 12/01/23) 40.0 0 X 115607 0 6164 WALTER HARRIS VP of Administration and Finance, Interim Treasurer (FROM 12/20/23) 0.5 40.0 X 0 402054 16566 Colleen Grochowski Senior Associate Dean, Academic Affairs 40.0 0 X 327209 0 20069 Ellisa Jones-Mckyer Vice Dean for Faculty Affairs 40.0 0 X 349379 0 20703 James Rindfleisch Associate Dean 40.0 0 X 285825 0 15565 Ken Hopper Assistant Dean, Health Systems Science 40.0 0 X 259702 0 18014 Kevin Kunkler Assistant Dean, Simulation, Innovation and Clinical Skills 40.0 0 X 243254 0 17155 2208597 402054 131529 28 false true false ART AND WELLNESS ENTERPRISES LLC 300 SW 24TH STREET SUITE 100 BENTONVILLE AR 72712 MANAGEMENT SERVICES 2734200 ATHENA ED LLC 7361 HIGH CORNER ROAD BROOKSVILLE FL 34602 CONSULTING FEES 310000 Walton Enterprises LLC PO BOX 1860 BENTONVILLE AR 72712 MANAGEMENT SERVICES 197309 Korn Ferry (US) 1900 Avenue of the Stars Suite 1500 Los Angeles CA 90067 RECRUITMENT SERVICES 184262 The Ogilvy Group LLC 636 11th Avenue New York NY 10036 Branding and website development 180338 5 266696414 246278861 266696414 0 0 0 0 0 5649229 5649229 0 0 33431145 32805076 626069 0 626069 626069 0 0 0 0 0 272971712 0 0 6275298 6820978 6820978 849479 849479 437143 437143 2822492 2822492 108977 108977 26819 26819 83781 83781 813161 0 813161 0 43382 43382 5011 5011 131145 131145 226660 226660 121560 121560 1 1 97453 97453 34433 34433 ART ACQUISITION 9000000 9000000 Recruitment, relocation, and training 232929 232929 NT FOREIGN TAXES 112354 112354 Supplies 47261 47261 136619 0 136619 0 22151638 0 22151638 0 2038912 802953 415288 387651 0 0 0 390871 430697 954086 114820 273070 839266 288383518 85000 85000 0 278165 129290 3481306 291058375 697845 1376008 0 0 0 292033 153624 989878 1529632 X 2491428 53207329 236321414 2491428 289528743 3481306 291058375 X 250820074 35965466 251775 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 249985 249985 704101 114820 589281 839266 Right of Use - Liabilities 153624 153624 72669856 35965466 -158810 35806656 36863200 236108512 236108512 272971712 21953955 0 0 21953955 197683 197683 22151638 Schedule D, Part III, Line 1a Collections of art - financial statement footnote The School collection consists of artwork. The collection is maintained for public exhibition, education and research in furtherance of public service, rather than for financial gain. The collection is catalogued, preserved, and cared for, and activities verifying its existence and assessing its condition are performed. The collection is subject to a policy that requires proceeds from its sales to be used to acquire other items for collections. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Expenses Netted with Revenue on Audit - -158810 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Deferred Revenue Adjustment - XXX-XX-XXXX BOOKS/TAX DIFFERENCE FROM INVESTMENTS - -212902 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Expenses netted with Revenue on Audit - 158810 Books/Tax Difference from Investments - 38873 true true true true true true true false false false false false false false false false false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The organization's racial nondiscriminatory policy is publicized on its internet homepage at all times during its taxable year. East Asia and the Pacific 0 0 Investments 34924 Europe (Including Iceland and Greenland) 0 0 ,Investments 80493 North America (Canada & Mexico only) 0 0 ,Investments 20159 South America 0 0 ,Investments 82626 South Asia 0 0 ,Investments 8144 0 0 0 0 0 0 226346 0 226346 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EAST ASIA AND THE PACIFI; EUROPE (INCLUDING ICELAND AND GREENLAND; NORTH AMERICA (CANADA & MEXICO ONLY; SOUTH AMERIC; SOUTH ASI X X X false false false false false false false false false Sharmila Makhija MD Dean, Chief Executive Officer 527621 0 100000 0 0 0 13200 0 4093 0 644914 0 0 0 WALTER HARRIS VP of Administration and Finance, Interim Treasurer (FROM 12/20/23) 0 384804 0 17250 0 0 0 13200 0 3366 0 418620 0 0 Ellisa Jones-Mckyer Vice Dean for Faculty Affairs 349379 0 0 0 0 0 10422 0 10281 0 370082 0 0 0 Colleen Grochowski Senior Associate Dean, Academic Affairs 327209 0 0 0 0 0 13200 0 6869 0 347278 0 0 0 James Rindfleisch Associate Dean 285825 0 0 0 0 0 12360 0 3205 0 301390 0 0 0 Ken Hopper Assistant Dean, Health Systems Science 234702 0 25000 0 0 0 8306 0 9708 0 277716 0 0 0 Kevin Kunkler Assistant Dean, Simulation, Innovation and Clinical Skills 238254 0 5000 0 0 0 9730 0 7425 0 260409 0 0 0 X 1 246278861 Market value false true false Form 990, Part VI, Line 2 Family/business relationships amongst interested persons ALICE L. WALTON, RICHARD HOSLEY, WALTER HARRIS, AND PHILIP SIGSWORTH - Business relationship Form 990, Part VI, Line 6 Classes of members or stockholders ORGANIZATION HAS ONE MEMBER, WHICH IS A NONPROFIT ORGANIZATION. THE MEMBER HAS THE POWER TO ELECT THE ORGANIZATION'S BOARD OF DIRECTORS AND APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body SEE THE RESPONSE TO PART VI, SECTION A, LINE 6 ABOVE. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The following are decisions that require Member approval: a. Adoption of a strategic plan or any subsequent action designed to deviate in a material respect from such strategic plan b. Acquisition, sale, lease, or mortgage of any real property c. Renaming of the Organization or any change to the Organization's mission or educational philosophy Form 990, Part VI, Line 11b Review of form 990 by governing body PRIOR TO FILING OF THE FORM 990 THE RETURN IS REVIEWED BY ALL MEMBERS OF THE GOVERNING BODY AND ULTIMATELY REVIEWED AND SIGNED BY AN APPROPRIATE OFFICER OF THE ORGANIZATION. Form 990, Part VI, Line 12c Conflict of interest policy INDIVIDUALS WHO ARE DIRECTLY OR INDIRECTLY PARTY TO A POSSIBLE TRANSACTION WITH THE ORGANIZATION ARE REQUIRED TO DISCLOSE THE MATERIAL FACTS OF THE TRANSACTION AND INTEREST IN THE TRANSACTION PRIOR TO ACTION BY THE ORGANIZATION ON THE TRANSACTION. Form 990, Part VI, Line 15a Process to establish compensation of top management official COMPENSATION IS BASED ON COMPARISON TO SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS. COMPENSATION IS APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. Form 990, Part VI, Line 15b Process to establish compensation of other employees SEE THE RESPONSE TO PART VI, SECTION A, LINE 15a ABOVE. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S FORM 990 IS AVAILABLE TO THE PUBLIC AT GUIDESTAR.ORG. THE ORGANIZATION'S CERTIFICATE OF INCORPORATION IS AVAILABLE TO THE PUBLIC VIA THE ARKANSAS SECRETARY OF STATE DATABASE. Form 990, Part XI, Line 9 Other changes in net assets or fund balances BOOKS/TAX DIFFERENCE FROM INVESTMENTS - 251775; ALICE L WALTON FOUNDATION PO BOX 1860 BENTONVILLE AR 72712 823700633 GRANTMAKING DE 501(c)(3) PF NA false ART BRIDGES INC 209 WEST 2ND STREET 370 FORT WORTH TX 76102 810842855 CREATE AND SUPPORT PROGRAMS THAT EXPAND ACCESS TO AMERICAN ART DE 501(c)(3) PF NA false CRYSTAL BRIDGES MUSEUM OF AMERICAN ART INC 600 MUSEUM WAY BENTONVILLE AR 72712 201359710 COLLECTING AND EXHIBITING OUTSTANDING WORKS OF ART THAT ILLUMINATE AMERICA'S ARTISTIC HERITAGE DE 501(c)(3) 7 NA false HEARTLAND WHOLE HEALTH INSTITUTE PO BOX 1860 BENTONVILLE AR 72712 834022137 SUPPORTING INTEGRATIVE HEALTH AND WELLNESS PROGRAMS AND INITIATIVES FOR THE BENEFIT OF THE PUBLIC DE 501(c)(3) PF NA false false false true false false false false false false false false false false false false false false false false