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Arkansas · Nonprofit

Venture Noire Inc Venture Noire

Venture Noire Inc Venture Noire (Arkansas) receives grants from 3 organizations whose IRS filings report $1,768,815 to it, the largest being Walton Family Foundation Inc ($1,299,500). 2 of them have funded it in more than one year.

Revenue FY2023
$222k
Funders on record
3
Grants received
$1.8M
Net assets
$305k
2/3 repeat funderspeak grant-dependency 100%
01What it does

What Venture Noire Inc Venture Noire does

Mission

To improve Black business health.

As stated on its FY2023 Form 990.

Program

  1. Community Events and Programming

    $60,388 spent
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $60,388.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Net assets 0 ($0)2021 Revenue 100 ($692k) Expenses 100 ($542k) Net assets 100 ($149k)2022 Revenue 211 ($1.5M) Expenses 185 ($1.0M) Net assets 406 ($603k)2023 Revenue 32 ($222k) Expenses 87 ($471k) Net assets 206 ($305k)
2020202120222023
Revenue (32)Expenses (87)Net assets (206)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $155k to $612k (+295%).

$0
$155k
$612k
$306k
2020202120222023
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
ContributionsProgram revenueInvestmentOther

100% of Venture Noire Inc Venture Noire’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.

’20
$149k
’21
$457k
’22
−$249k
’23
7.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202120222023
Listed111
Joined···
No longer listed···
03Who funds it

Who funds it, year by year

2021 → 2023: the base held at 2 funders, grant income fell $691k → $214k.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Venture Noire Inc Venture Noire’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Venture Noire Inc Venture Noire leans on a few funders — its largest provides 73% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

73%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2021 99% · 2022 71% · 2023 93% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

74% of Venture Noire Inc Venture Noire's grant income comes from Arkansas funders.

MO
AR

In-state vs out-of-state, by year

’21
’22
’23
Arkansas out of state home

Funder states come from each funder’s own filing. $14k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Venture Noire Inc Venture Noire's revenue fell 68% between 2021 and 2023.

Operating margin−112% · bottom quartile
Months of reserve7.2mo · below the median
Revenue growth (annualized)−43% · bottom quartile

this organization peer median middle 50% of peers· 11,535 community improvement nonprofits $100k–$1M, FY2023

Organizations like Venture Noire Inc Venture Noire

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Arkansas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

0
board members
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Venture Noire Inc Venture Noire: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Venture Noire Inc Venture Noire?
Venture Noire Inc Venture Noire (Arkansas) receives grants from 3 organizations whose IRS filings report $1,768,815 to it, the largest being Walton Family Foundation Inc ($1,299,500). 2 of them have funded it in more than one year.
How many funders does Venture Noire Inc Venture Noire have?
IRS filings report 3 organizations giving $1,768,815 in grants to Venture Noire Inc Venture Noire, 2 of which have funded it in more than one year.
Who is the largest funder of Venture Noire Inc Venture Noire?
Walton Family Foundation Inc is the largest funder on record, with $1,299,500 in grants. The full list of funders is on this page.
How can an organization like Venture Noire Inc Venture Noire find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Arkansas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Venture Noire Inc Venture Noire →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2021–2023), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing