2016-11-15T13:51:14-06:00 2015-12-31 710519090 EGP PLLC 611 MAIN STREET NORTH LITTLE ROCK AR 721145395 990 2015-01-01 522356755 THEA FOUNDATION THEA 5013793512 401 MAIN ST NO 100 NORTH LITTLE ROCK AR 72114 PAUL LEOPOULOS EXECUTIVE DIRECTOR 5013799512 2016-11-09 1 JEFF CRONE CPA P01302049 5013742910 2016-11-09 2015 2017-02-10 21:41:12Z PAUL LEOPOULOS 401 MAIN STREET NORTH LITTLE ROCK AR 72114 1980963 0 X THEAFOUNDATION.ORG X 2001 AR TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH. 13 13 10 59 36444 0 1354341 1541943 1155792 340648 14797 36444 147880 -77876 2672810 1841159 78209 82976 0 0 457830 490535 0 0 9153 737134 832793 1273173 1406304 1399637 434855 4489044 4966459 50412 132300 4438632 4834159 X TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH. 0 0 13940 THE ARTS RECONSTRUCTION PROGRAM PARTNERS WITH CULTURAL INSTITUTIONS AND ARTS ORGANIZATIONS IN ARKANSAS TO PROVIDE NEW AND AMPLIFY EXISTING ARTS PROGRAMMING WITHIN SCHOOLS. 86888 82976 THE FOUNDATION AWARDS SCHOLARSHIPS TO HIGH SCHOOL SENIORS ACROSS THE STATE OF ARKANSAS. SCHOLARSHIP CATEGORIES INCLUDE VISUAL ART, PERFORMING ARTS, CREATIVE WRITING, FILMMAKING, AND POETRY SLAM. THE MOTIVATION BEHIND THE SCHOLARSHIP PROGRAM IS TO REWARD HARDWORKING STUDENTS AND TO INSPIRE THEM TO BE CONFIDENT AND AMBITIOUS. 734254 340648 THE ARKANSAS A+ SCHOOLS PROGRAM DEVELOPS AND IMPLEMENTS AN INTERDISCIPLINARY MODEL OF ART INSTRUCTION DESIGNED TO INCORPORATE ART EDUCATION INTO ARKANSAS' STATE MANDATED CURRICULUM. THE PRINCIPLES-BASED PROGRAM OFFERS TRAINING TO SCHOOL FACULTY AND STAFF, AND ENCOMPASSES BOTH DOCTRINAL DEVELOPMENT AND METHODS APPLICATION. 158689 5696 VARIOUS OTHER PROGRAM SERVICES - ART CLOSET, ART ACROSS ARKANSAS, ART DEPARTMENT, RETREATS, AND THEA PAVES THE WAY 158689 5696 993771 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 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 0 0 0 0 0 1 29 0 10 0 0 0 0 0 0 0 0 0 X 13 13 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AR X THE ORGANIZATION 5013799512 401 MAIN ST NORTH LITTLE ROCK AR 72114 SUE GASKIN DIRECTOR 2.00 X 0 0 0 ANDREW MANATOS DIRECTOR EMERITUS 0.00 X 0 0 0 PRESIDENT BILL CLINTON DIRECTOR EMERITUS 0.00 X 0 0 0 FRANK COX DIRECTOR 2.00 X 0 0 0 GAYLA JUNGMEYER PRESIDENT 4.00 X X 0 0 0 BETTIE ANNE MAHONY SECRETARY 4.00 X X 0 0 0 RUSTY MATHIS DIRECTOR 2.00 X 0 0 0 JOE GRIFFITH DIRECTOR 2.00 X 0 0 0 CAROLINE ELLIOTT TREASURER 1.00 X X 0 0 0 DR DANNY FLETCHER VICE-PRESIDENT 2.00 X X 0 0 0 GERT CLARK DIRECTOR 1.00 X 0 0 0 ROBERT TREVINO DIRECTOR 0.50 X 0 0 0 NANCY STEENBURGEN DIRECTOR 2.00 X 0 0 0 ROBYN HORN DIRECTOR 1.00 X 0 0 0 ZACH RILEY DIRECTOR 1.00 X 0 0 0 PAUL LEOPOULOS EXECUTIVE DIRECTOR 40.00 X 95410 0 0 NICHOLAS LEOPOULOS ASSISTANT DIRECTOR 40.00 X 49241 0 0 144651 0 0 0 0 0 0 0 304066 1237877 1541943 ARKANSAS A+ 711300 340648 340648 340648 36444 36444 20090 49297 -29207 -29207 -29207 36142 304066 90507 -54365 -54365 OTHER INCOME 711300 5696 5696 5696 1841159 346344 36444 -83572 82976 82976 144651 144651 297692 243159 54533 14663 3988 10675 33529 18784 14745 4667 4667 95657 54741 40916 37335 5361 31974 34305 20583 8576 5146 66506 57960 8546 26713 16028 6678 4007 10809 3017 7792 OUTSIDE CONTRACT EXPENS 204248 178174 26074 VENUES 152684 138984 13700 A+ ARTS SUPPORT 103943 98214 5729 OFFICE SUPPLIES 22010 18363 3647 73916 53439 20477 1406304 993771 403380 9153 633502 192426 620781 536102 1040814 772866 207926 12238 13320 1318526 276450 1084196 1042076 1045129 2194076 50989 0 1395 7667 4489044 4966459 49017 25953 97152 1395 9195 50412 132300 X 2496257 2703497 283750 418095 1658625 1712567 4438632 4834159 4489044 4966459 434855 -39327 0 X X 0 1 X 1 0 X 637643 1047953 1583308 2733461 1924429 7926794 637643 1047953 1583308 2733461 1924429 7926794 7926794 2003 -4284 44041 37337 56534 135631 8062425 0.98320 0.98840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1628861 59253 27056 2603 1712567 507754 1143762 7109 29764 1628861 60606 442187 4961 507754 54548 6346 288 60606 54582 245 279 54548 1 0 125000 125000 1086396 215741 870655 100380 55834 44546 6750 4875 1875 1042076 LEASE DEPOSITS 1395 INSURANCE PROCEEDS 7800 9195 1941580 -39327 139748 100421 1841159 0 1841159 1546053 139749 139749 1406304 0 1406304 PART V, LINE 4: THE SOLE INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE SCHOLARSHIPS FOR STUDENTS PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING INCOME 90,507. RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 49,297. PENALTIES AND INTEREST REFUND -56. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING INCOME 90,507. RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 49,297. PENALTIES AND INTEREST REFUND -55. ANNUAL FUNDRAISER 304066 304066 29696 51171 GOVERNOR'S CULINARY CHALLENGE 36000 36000 2440 7200 340066 304066 36000 32136 58371 90507 -54507 1 COLLEGE SCHOLARSHIPS 42 82976 FMV PART I, LINE 2: THE FOUNDATION SENDS SCHOLARSHIP CHECKS DIRECTLY TO RECIPIENTS SCHOOL TO BE APPLIED TO STUDENTS ACCOUNT. FORM 990, PART VI, SECTION A, LINE 2 THE EXECUTIVE DIRECTOR OF THEA FOUNDATION (PAUL LEOPOULOS) IS THE FATHER OF THE ASSISTANT DIRECTOR OF THEA FOUNDATION (NICHOLAS LEOPOULOS). FORM 990, PART VI, SECTION B, LINE 11 MAILED A COPY TO EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 12C THEA FOUNDATION'S BYLAWS REQUIRE DIRECTORS TO DICLOSE MATERIAL FACTS TO THE BOARD OF DIRECTORS REGARDING ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST WIHTIN A REASONABLE TIME AFTER THE DIRECTOR BECOMES AWARE THAT A CONFLICT EXISTS, AND BEFORE ANY VOTE IS TAKEN ON A MATTER WHICH COULD BE AFFECTED BY THE DIRECTOR'S OPINIONS OR STATEMENTS ON THE ISSUE SUBJECT TO VOTE. MOREOEVER, A DIRECTOR IS NOT ALLOWED TO VOTE ON ANY TRANSACTION THAT MAY GIVE RISE TO AN ACTUAL/POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 PROPOSED COMPENSATION IS COMPARED TO SIMILAR NONPROFIT EXECUTIVE DIRECTORS AROUND THE NATION WITH SIMILAR YEARS OF SERVICE AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.