Public Charity

ARKANSAS VENTURE CENTER

ARKANSAS VENTURE CENTER, of LITTLE ROCK, AR, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.2M in revenue, $1.3M in expenses, $4.0M in total assets. 10 publicly reported grants to this organization, totaling roughly $909K, appear in IRS filings.

EIN: 464108871 LITTLE ROCK, AR Economic Development NTEE: S30 Latest filing: 2024
Total Revenue$1.2M
Total Expenses$1.3M
Total Assets$4.0M
Grant Records10
Funding Total$909K
Filing Years2019–2024

Mission

THE VENTURE CENTER HELPS STARTUPS OBTAIN CUSTOMER VALIDATION & REACH VIABILITY THROUGH SYSTEMATIC PROGRAMMING, PREMIUM MENTORSHIP THAT LEVERAGES BEST PRACTICES IN LEAN METHODOLOGY & STRATEGIC ACCELERATION WITH AN EYE ON REACHING SCALE AND CREATING MEASURABLE ECONOMIC IMPACT.

Where $100 goes at Arkansas Venture Center

How Arkansas Venture Center divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$55 Programs the work itself
$41 Management running the organization
$4 Fundraising raising the next dollar

Inside the $55 for programs

$50
The venture center programmed and launched three accelerators during the year
90% of program spending
$3
The venture center helped program and launch the first arkansas lithium innovation summit, led by arkansas commerce secretary hugh mcdonald, with the goal of educating the lithium/energy industry…
5% of program spending
$2
The venture center's entrepreneurship and educational programs have substantially contributed to the creation of multiple new companies, the growth of existing small businesses and the renewed innovation of…
About 5% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

EXECUTIVE DIRECTOR Arthur Orduna
DIRECTOR Bill Yoder
DIRECTOR Collins Andrews
CHAIRMAN James Hendren
DIRECTOR Jay Chesshir
DIRECTOR Jim Womble

Officer compensation and complete director data available with membership.

Top Grant Purposes

Research & Policy
$500,000 2 grants
Economic Development
$266,595 2 grants
General Support
$97,165 3 grants
Fundraising & Sponsorship
$45,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.2M $1.3M $4.0M
2023 $1.4M $1.9M $3.4M
2022 $1.9M $2.1M $3.6M
2020 $3.4M $1.3M $3.5M
2019 $1.7M $1.3M $1.5M

Between 2019 and 2024, reported annual revenue declined from $1.7M to $1.2M (-33%), with total assets most recently reported at $4.0M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for ARKANSAS VENTURE CENTER

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