Overview

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Est.

2001

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

THEA FOUNDATION is a family services nonprofit focused on advocating for the importance of the arts in the development of youth. For filing year 2025, it reported an operating budget of $920.1K and total revenue of $873.3K, with support from funders including WINDGATE CHARITABLE FOUNDATION INC, THE CLINTON FAMILY FOUNDATION, and ARKANSAS COMMUNITY FOUNDATION INC.

Mission Statement

TO ADVOCATE THE IMPORTANCE OF THE ARTS IN THE DEVELOPMENT OF OUR YOUTH.
Revenues
$873.3K
Expenses
$1.1M
Net Income:
-$218.9K
Assets
$6.2M
Liabilities
$356.1K
Net Assets:
+$5.8M
Operating Budget
$920.1K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
13
Median grant size
$6K
Largest grant received
$450K
N
Nick Leopoulos
Board Member
S
Sharon Heflin
Board Member
D
Dave Hawsey
Board Member
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  • 39 funders
  • 60 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is THEA FOUNDATION’s budget?
In 2025, THEA FOUNDATION reported an annual operating budget of around $920 thousand. More detailed financial information is available to registered users.
What causes does THEA FOUNDATION support?
THEA FOUNDATION supports work in Family services.
Where does THEA FOUNDATION operate?
THEA FOUNDATION is headquartered in North Little Rock, AR.
Who funded THEA FOUNDATION recently?
In 2025, THEA FOUNDATION received grants from WINDGATE CHARITABLE FOUNDATION INC, WINDGATE CHARITABLE FOUNDATION INC, and WINDGATE CHARITABLE FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant THEA FOUNDATION received in 2024?
The largest grant to THEA FOUNDATION in 2024 exceeds $450 thousand.
What is THEA FOUNDATION’s reliance on government grants?
THEA FOUNDATION relied on government grants for more than 15% of their total revenue in 2025.