Zeitgeist Center For Arts And Community
- Assets
- $16.5m
- Revenue
- $2.4m
- Investments
- $7.5m
- Employees
- 0
- Location
- Duluth, MN
- Founding
- 09/2005
- Data as of
- 12/2021
- EIN
- 20-6424699
Organization Overview
Zeitgeist Center For Arts And Community is located in Duluth, MN. The organization was established in 2005. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zeitgeist Center For Arts And Community 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 12/2021, Zeitgeist Center For Arts And Community generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ZEITGEIST CENTER FOR ARTS & COMMUNITY IS AN INTEGRATED ARTS AND COMMUNITY DEVELOPMENT ORGANIZATION. PROGRAMMING OCCURS ACROSS OUR COMMUNITY, ALL DEDICATED TO DEVELOPING A CONNECTED, CREATIVE, THRIVING COMMUNITY. INITIATIVES INCLUDE PROGRAMMATIC SOCIAL VENTURES. THOSE INITIATIVES INCLUDE A BLACK BOX PERFORMANCE THEATER, A 2-SCREEN INDEPENDENT FILM THEATER, AND AN INTEGRATED ART GALLERY AND CAFE. EACH SOCIAL VENTURE SEEKS TO CREATE A SOCIALLY RESPONSIBLE, ENVIRONMENTALLY SUSTAINABLE COMMUNITY CONNECTED CROSS-CULTURALLY AND COMMITTED TO CREATIVITY AND CULTURAL REPRESENTATION.
THE ZEITGEIST CENTER FOR ARTS & COMMUNITY IS AN INTEGRATED ARTS AND COMMUNITY DEVELOPMENT ORGANIZATION. PROGRAMMING OCCURS ACROSS OUR COMMUNITY, ALL DEDICATED TO DEVELOPING A CONNECTED, CREATIVE, THRIVING COMMUNITY. OUR INITIATIVES INCLUDE A NUMBER OF CAMPAIGNS DEDICATED TO ENSURING RESIDENTS ACROSS OUR COMMUNITY, REGARDLESS OF INCOME, RACE, OR ZIP CODE, LIVE IN A COMMUNITY THAT SUPPORTS THEIR WELL-BEING PHYSICALLY, EMOTIONALLY, SPIRITUALLY, CULTURALLY, AND ECONOMICALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Cuneo Executive Di | 40 | $55,177 | |
Laura Weintraub Chair | 1 | $0 | |
Francis Heid Vice Chair | 1 | $0 | |
Geiger Yount Treasurer | 1 | $0 | |
Aparna Katre Trustee | 1 | $0 | |
Becky Hartley Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,131,251 |
| Interest on Savings | $62 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,902 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $269,454 |
| Total Revenue | $2,402,669 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $55,177 |
| Other employee salaries and wages | $448,431 |
| Pension plans, employee benefits | $65,533 |
| Interest | $89,683 |
| Taxes | $8,568 |
| Depreciation | $231,054 |
| Occupancy | $63,586 |
| Travel, conferences, and meetings | $12,598 |
| Printing and publications | $0 |
| Other expenses | $884,936 |
| Total operating and administrative expenses | $1,876,111 |
| Contributions, gifts, grants paid | $52,925 |
| Total expenses and disbursements | $1,929,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,427,262 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $139,723 |
| Net Pledges Receivable | $0 |
| Grants receivable | $1,424,584 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $13,554 |
| Prepaid expenses and deferred charges | $9,276 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,502,443 |
| Net Land, buildings, and equipment | $6,009,187 |
| Other assets | $0 |
| Total assets | $16,526,029 |
| Accounts payable and accrued expenses | $151,336 |
| Grants payable | $0 |
| Deferred revenue | $73,534 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $1,776,368 |
| Other liabilities | $439,674 |
| Total liabilities | $2,440,912 |
Grants Awarded
Over the last fiscal year, Zeitgeist Center For Arts And Community has awarded $333,423 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Duluth, MN PURPOSE: PROGRAM SUPPORT | $104,244 |
Duluth, MN PURPOSE: PROGRAM SUPPORT | $84,814 |
Duluth, MN PURPOSE: PROGRAM SUPPORT | $54,749 |
Duluth, MN PURPOSE: PROGRAM SUPPORT | $38,054 |
RENEGADE THEATRE PURPOSE: OPERATIONS | $30,000 |
LOCAL INITIATIVES SUPPORT CORP PURPOSE: PROGRAM SUPPORT | $21,362 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Zeitgeist Center For Arts And Community has recieved totaling $268,641.
| Awarding Organization | Amount |
|---|---|
Charles K Blandin Foundation Grand Rapids, MN PURPOSE: PROJECT SUPPORT FOR CAPACITY BUILDING TO SUPPORT THE LAUNCH OF THE NORTHLAND FILM SCHOOL AND THE NORTHLAND FILM FESTIVAL IN RURAL MINNESOTA | $75,000 |
Charles K Blandin Foundation Grand Rapids, MN PURPOSE: PROJECT SUPPORT FOR CAPACITY BUILDING TO SUPPORT THE LAUNCH OF THE NORTHLAND FILM SCHOOL AND THE NORTHLAND FILM FESTIVAL IN RURAL MINNESOTA | $75,000 |
Duluth Superior Area Community Foundation Inc Duluth, MN PURPOSE: 6TH AVE E SUMMIT. BUILDING; BETWEEN; ZINEMA 2.0 FINDING SUCCESS IN COVID AND BEYOND; DEVELOPMENT OF NORTHLAND FILM SCHOOL; 6TH AVE E BREWERY CREEK SUMMIT | $39,500 |
Lloyd K Johnson Foundation Duluth, MN PURPOSE: DULUTH STORY PROJECT | $25,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $22,000 |
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $19,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John Michael Kohler Arts Center Inc Sheboygan, WI | $91,886,755 | $7,533,321 |
Washington Pavilion Management Inc Sioux Falls, SD | $7,664,278 | $8,315,223 |
Kohler Trust For The Arts And Education Kohler, WI | $9,068,772 | $5,585,156 |
Success Institute Minneapolis, MN | $1,766,984 | $4,353,040 |
Brucemore Inc Cedar Rapids, IA | $18,035,244 | $1,902,736 |
Milwaukee County War Memorial Inc Milwaukee, WI | $14,315,972 | $2,406,675 |
Figge Art Museum Davenport, IA | $8,061,931 | $3,020,890 |
Zeitgeist Center For Arts And Community Duluth, MN | $16,526,029 | $2,402,669 |
Seward Redesign Inc Minneapolis, MN | $17,574,323 | $2,638,078 |
Bloomington Theatre And Art Center Dba Artistry Bloomington, MN | $570,526 | $1,529,131 |
Phipps Center For The Arts Inc Hudson, WI | $10,511,884 | $2,040,286 |
North Iowa Cultural Center And Museum Clear Lake, IA | $2,980,482 | $2,832,043 |