American Craft Council
- Assets
- $6.9m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 24
- Location
- Minneapolis, MN
- Founding
- 12/1957
- Data as of
- 09/2021
- EIN
- 13-1566058
Organization Overview
American Craft Council is located in Minneapolis, MN. The organization was established in 1957. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, American Craft Council employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Craft Council is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, American Craft Council generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $3.1m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONNECTS DIVERSE CRAFT COMMUNITIES TO ADVANCE CRAFT'S IMPACT IN CONTEMPORARY AMERICAN LIFE.
Describe the Organization's Program Activity:
CRAFT SHOWS AND EXHIBITIONS - AMERICAN CRAFT COUNCIL ADAPTED TO THE REALITIES OF THE COVID PANDEMIC BY PRESENTING TWO CRAFT WEEK ONLINE MARKETPLACES IN 2021. THE ATLANTA/SOUTHEAST CRAFT WEEK ALSO FEATURED AN IN-PERSON, POP-UP SHOW/SALE AND RELATED IN-PERSON PROGRAMMING IN ATLANTA. OUR NEW ONLINE MARKETPLACES EXPANDED THE DIVERSITY OF ARTISTS WHO WERE ABLE TO EXHIBIT AND SELL THEIR WORK THROUGH AMERICAN CRAFT COUNCIL BY REMOVING TRAVEL EXPENSES, COSTLY BOOTH FEES, AND OTHER BARRIERS ASSOCIATED WITH IN-PERSON SHOWS. THE ONLINE MARKETPLACES WERE ALSO WELL RECEIVED BY AUDIENCES, WHO COULD APPRECIATE AND SUPPORT CRAFT ART WITHOUT RISKING THEIR HEALTH DURING THE PANDEMIC. ALTOGETHER, AMERICAN CRAFT COUNCIL ADVANCED THE CAREERS AND LIVELIHOODS OF 383 EXHIBITING ARTISTS (UP 88% FROM 2020), GENERATING $403K IN SALES OVER THE TWO CRAFT WEEK ONLINE MARKETPLACES.
AMERICAN CRAFT MAGAZINE - AMERICAN CRAFT IS A QUARTERLY MAGAZINE THAT CELEBRATES THE MODERN MAKERS WHO SHAPE THE WORLD AROUND US. WITH 80,000 READERS PER PRINT ISSUE OF AMERICAN CRAFT, 3,500 WEEKLY VIEWS OF DIGITAL CONTENT, OVER 100,000 UNIQUE READERS, AND ATTENDANCE UPWARDS OF 400 AT OUR PUBLIC FORUMS, AMERICAN CRAFT COUNCIL PROVIDES A LARGE AUDIENCE AND WIDE VISIBILITY FOR THE VOICE AND TALENTS OF AMERICAN MAKERS. AMERICAN CRAFT MAGAZINE ALSO GENERATES IMPORTANT REVENUE FOR OUR WORK. IN ADDITION TO FUNDS GENERATED BY OUR MEMBERSHIP PROGRAM, OF WHICH AMERICAN CRAFT IS THE MAIN BENEFIT, OUR MAGAZINE ALSO BRINGS IN ADVERTISING SALES AND GRANT SUPPORT FROM FOUNDATIONS, CULMINATING IN FUNDS THAT WE USE TO SUPPORT CRAFT ARTISTS AT EVERY STAGE OF THEIR DEVELOPMENT.
LIBRARY AND EDUCATIONAL PROGRAMS - THE AMERICAN CRAFT COUNCIL LIBRARY & ARCHIVES' 20,000 PRINT PUBLICATIONS, 4,000 ARTIST FILES, FOUR ARCHIVAL COLLECTIONS, AND ROBUST DIGITAL COLLECTION PROVIDE A WEALTH OF RESOURCES FOR CRAFT HISTORIANS, OTHER RESEARCHERS, AND ARTISTS FROM ACROSS THE GLOBE. IN 2021, THE LIBRARY WEBSITE RECEIVED NEARLY 200,000 VISITS, AND MORE THAN 46,000 PEOPLE BROWSED OUR DIGITAL COLLECTIONS. AMERICAN CRAFT COUNCIL'S OTHER EDUCATIONAL PROGRAMS IN 2021 INCLUDED AN EMERGING ARTISTS COHORT PILOT, WHICH PROVIDED PROFESSIONAL DEVELOPMENT WORKSHOPS, OTHER COHORT ACTIVITIES, AND COACHING FOR 13 EARLY CAREER ARTISTS; DIGITALLY DISTRIBUTED, EDUCATIONAL CONTENT ABOUT CRAFT ART AND ARTISTS; AND AMERICAN CRAFT FORUM VIRTUAL EVENTS. AMERICAN CRAFT COUNCIL'S LIBRARY & ARCHIVES AND OTHER EDUCATIONAL PROGRAMS ARE SUPPORTED THROUGH THE GENEROUS CONTRIBUTIONS OF INDIVIDUALS, FOUNDATIONS, AND GOVERNMENT FUNDERS.
MEMBERSHIP SERVICES - MEMBERSHIP SERVICES SUPPORT THE AWARENESS AND DELIVERY OF OTHER ACC PROGRAMS TO A MEMBERSHIP BASE OF OVER 20,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Schultz Former Executive Director | Officer | 37.5 | $168,635 |
Gary J Smith Chair | OfficerTrustee | 5 | $0 |
Miguel Gomez-Ibez Trustee | Trustee | 1 | $0 |
Rebecca Myers Vice Chair | OfficerTrustee | 1 | $0 |
Harriett Green Secretary | OfficerTrustee | 1 | $0 |
Tracy Lamparty Director Of Finance And Administration | Officer | 37.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Shepard Exposition Services Design | 9/29/20 | $151,260 |
Hopkins Bauman Graphic Design | 9/29/20 | $139,703 |
Global Security Security | 9/29/20 | $198,581 |
Concord Direct Creative Design | 9/29/20 | $118,231 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $547,112 |
| All other contributions, gifts, grants, and similar amounts not included above | $978,480 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,525,592 |
| Total Program Service Revenue | $1,427,592 |
| Investment income | $161,467 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $6,705 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$22 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,121,094 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $501,005 |
| Compensation of current officers, directors, key employees. | $200,402 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $735,894 |
| Pension plan accruals and contributions | $17,411 |
| Other employee benefits | $93,120 |
| Payroll taxes | $89,148 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,162 |
| Fees for services: Accounting | $20,239 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,446 |
| Fees for services: Other | $483,889 |
| Advertising and promotion | $17,355 |
| Office expenses | $24,348 |
| Information technology | $102,775 |
| Royalties | $0 |
| Occupancy | $164,582 |
| Travel | $3,517 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $172 |
| Interest | $92 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,834 |
| Insurance | $20,375 |
| All other expenses | $33,598 |
| Total functional expenses | $3,056,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $579,662 |
| Savings and temporary cash investments | $6,864 |
| Pledges and grants receivable | $154,762 |
| Accounts receivable, net | $54,525 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $62,524 |
| Net Land, buildings, and equipment | $168 |
| Investments—publicly traded securities | $6,011,321 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,869,826 |
| Accounts payable and accrued expenses | $264,813 |
| Grants payable | $0 |
| Deferred revenue | $223,181 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $349,761 |
| Total liabilities | $837,755 |
| Net assets without donor restrictions | $5,296,178 |
| Net assets with donor restrictions | $735,893 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,869,826 |
Grants Recieved
Over the last fiscal year, we have identified 19 grants that American Craft Council has recieved totaling $126,267.
| Awarding Organization | Amount |
|---|---|
Greater Houston Community Foundation Houston, TX PURPOSE: ARTS | $50,000 |
Hegardt Foundation Minneapolis, MN PURPOSE: GENERAL OPERATING | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $17,220 |
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $13,250 |
Harlan Boss Foundation For The Arts Minneapolis, MN PURPOSE: TO SUPPORT AND ENCOURAGE THE ARTS | $10,000 |
Head Foundation Minnetonka, MN PURPOSE: GENERAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $257,398 |
| Earnings | $49,207 |
| Other Expense | $12,296 |
| Ending Balance | $294,309 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Craft Council Minneapolis, MN | $6,869,826 | $3,121,094 |
Midwest Old Settlers And Threshers Assn Inc Mt Pleasant, IA | $5,724,252 | $3,761,020 |
Union Construction Crafts Workers Compensation Fund Bloomington, MN | $541,374 | $1,672,771 |
American Association Of Woodturners St Paul, MN | $2,442,172 | $1,435,170 |
Urban Roots Mn St Paul, MN | $649,457 | $875,121 |
Forecast Public Artworks St Paul, MN | $1,063,412 | $1,010,564 |
Franconia Sculpture Park Shafer, MN | $3,377,116 | $636,537 |
Southeastern Minnesota Arts Council Inc Rochester, MN | $706,176 | $777,550 |
Public Art Saint Paul St Paul, MN | $739,376 | $339,805 |
Iowa Arts In Education Des Moines, IA | $212,952 | $511,979 |
Elys Historic State Theater Ely, MN | $396,462 | $439,135 |
Civa Christians In Visual Arts Monona, WI | $175,361 | $429,048 |