NonprofitsThea Foundation

Human Services

Thea Foundation

N LITTLE ROCK, AR

Total revenue

$873K

Total expenses

$1.1M

Net assets

$5.8M

Grants received

$1.8M

65 grants

EIN

522356755

Tax year

2024

Mission

To advocate the importance of the arts in the development of our youth.

Programs

3 programs

The foundation awards scholarships to high school seniors across the state of arkansas. Scholarship categories include visual art, performing arts, creative writing, filmmaking, and fashion design. The motivation behind the scholarship program is to reward hardworking students and to inspire them to be confident and ambitious.

Expenses: $261KGrants: $172K

The arts reconstruction program partners with cultural institutions and arts organizations in arkansas to provide new and amplify existing arts programming within schools.

Expenses: $247K

Other public services - art department.

Expenses: $83K

Financials

FY 2024

Revenue

Contributions & grants$821K
Program service revenue
Investment income$87K
Other revenue
Total revenue$873K

Expenses

Grants paid$172K
Salaries & benefits$337K
Fundraising$15K
Other expenses$583K
Total expenses$1.1M
Total assets$6.2M
Net assets$5.8M

People

14 listed

NameRoleCompensation

NICK LEOPOULOS

EXECUTIVE DIRECTOR

Board

$106K

40 hrs/wk

JENNIFER HERRON

PRESIDENT-ELECT

Board

2 hrs/wk

BRENT BLACK

TREASURER

Board

2 hrs/wk

BRYANT PHELAN

SECRETARY

Board

2 hrs/wk

SHARON HEFLIN

DIRECTOR

Board

2 hrs/wk

STEPHANIE LAMBERTH

DIRECTOR

Board

2 hrs/wk

DAVID MARKS

DIRECTOR

Board

2 hrs/wk

DAVE HAWSEY

PRESIDENT

Board

4 hrs/wk

GREG PILEWSKI

DIRECTOR

Board

2 hrs/wk

NATALIE ROCKEFELLER

DIRECTOR

Board

2 hrs/wk

MICHAEL SHAEFFER

DIRECTOR

Board

2 hrs/wk

MICHELE SHAW

DIRECTOR

Board

2 hrs/wk

RAMY ZIMMEREBNER

DIRECTOR

Board

2 hrs/wk

ALEX MONTEZ

DIRECTOR

Board

2 hrs/wk

Independent contractors

PROSERVICE BUILDERS LLC

2ND FLOOR RENOVATION

$116K

Grants received

Showing 65 of 65

FromAmountPurposeYear
$20K
GENERAL SUPPORT
2024
$10K
GENERAL OPERATING FUND
2024
$5K
GENERAL SUPPORT
2024
$5K
To provide scholarships that are open to all Arkansas high school seniors.
2024
$2K
TO HELP THE ORGANIZATION FULFILL ITS MISSION TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH.
2024
$50K
GENERAL OPERATING SUPPORT
2023
$25K
ARTS, CULTURE
2023
$20K
TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH.
2023
$10K
GENERAL OPERATING FUND
2023
$6K
OPERATIONS
2023
$5K
GENERAL SUPPORT
2023
$5K
FURTHERANCE OF EXEMPT PURPOSE
2023
$5K
GENERAL OPERATING SUPPORT
2023
$3K
TO HELP THE ORGANIZATION FULFILL ITS MISSION TO TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH.
2023
$3K
Program Support
2023
$3K
TO HELP THE ORGANIZATION FULFILL ITS MISSION TO TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH.
2023
$1K
NONPROFIT CONTRIBUTION
2023
$35K
ARTS, CULTURE
2022
$25K
GENERAL OPERATING SUPPORT
2022
$25K
GENERAL SUPPORT
2022
$10K
TO PROVIDE FINANCIAL SUPPORT TO THE ORGANIZATION TO HELP PROVIDE CREATIVE LEARNING FOR THE PUBLIC SCHOOL STUDENTS AND TEACHERS IN ARKANSAS.
2022
$10K
GENERAL OPERATING FUND
2022
$5K
ARTS SUPPORT
2022
$5K
GENERAL SUPPORT
2022
$5K
2022 BOARD HONORARIUM FOR WINTHROP ROCKEFELLER, JR.
2022
$5K
FURTHERANCE OF EXEMPT PURPOSE
2022
$4K
TO HELP THE ORGANIZATION FULFILL ITS MISSION TO TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH.
2022
$3K
Program Support
2022
$3K
to provide scholarships that are open to all Arkansas high school seniors from public, private, and charter schools, homeschooled seniors and those seeking a GED
2022
$1K
NONPROFIT CONTRIBUTION
2022
$500
CHARITABLE
2022
$10K
TO PROVIDE FINANCIAL SUPPORT TO THE ORGANIZATION TO HELP PROVIDE CREATIVE LEARNING FOR THE PUBLIC SCHOOL STUDENTS AND TEACHERS IN ARKANSAS.
2021
$10K
GENERAL OPERATING FUND
2021
$6K
TO PURCHASE EDUCATIONAL MATERIALS AND ART SUPPLIES FOR TEACHERS IN UNDERSERVED COMMUNITIES
2021
$5K
TO HELP THE ORGANIZATION FULFILL ITS MISSION TO TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH.
2021
$3K
Program Support
2021
$500
CHARITABLE
2021
$40K
GENERAL SUPPORT
2020
$15K
GENERAL OPERATING FUND
2020
$10K
TO PROVIDE FINANCIAL SUPPORT TO THE ORGANIZATION TO HELP PROVIDE CREATIVE LEARNING FOR THE PUBLIC SCHOOL STUDENTS AND TEACHERS IN ARKANSAS.
2020
$6K
General Support
2020
$5K
FURTHERANCE OF EXEMPT PURPOSE
2020
$4K
Education
2020
$3K
PROGRAM SUPPORT
2020
$3K
PROGRAM SUPPORT
2020
$1K
ARTS SUPPORT
2020
$500
CHARITABLE
2020
$10K
GENERAL SUPPORT
2019
$500
UNRESTRICTED
2019
$25K
THEA'S ART CLOSET SUPPORT 2018-2019
2018
$20K
OPERATING FUNDS
2018
$19K
PUBLIC SUPPORT
2018
$10K
OPERATING SUPPORT
2018
$5K
GENERAL OPERATING FUND
2018
$5K
GENERAL OPERATING FUND
2018
$3K
TO SUPPORT ART FOR CHILDREN
2018
$50
UNRESTRICTED CHARITABLE CONTRIBUTION
2018

Funded by

$1.8M from 30 funders · 65 grants · 2017–2024

Windgate Charitable Foundation Inc

$1.1M · 4 grants · 2022–2024

The Clinton Family Foundation

$150K · 2 grants · 2020–2021

Keesal Young & Logan Charitable

$84K · 3 grants · 2018–2022

American Endowment Foundation

$80K · 3 grants · 2020–2023

Rebsamen Fund

$60K · 6 grants · 2018–2024

Arkansas Community Foundation Inc

$50K · 1 grant · 2023

The Robert C And Anne A

$30K · 2 grants · 2022–2023

The Cindy And Chip Murphy Foundation

$30K · 3 grants · 2020–2022

Details

EIN522356755
NTEE codeP40
Subsection03
Ruling date2002-03
Formed2001
Employees4
Volunteers0
THEA FOUNDATION — Mission, Financials & Grants Received | Grantivo