Rosemount Area Arts Council
- Assets
- $40.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rosemount, MN
- Founding
- 06/2008
- Data as of
- 12/2023
- EIN
- 26-1674068
Organization Overview
Rosemount Area Arts Council is located in Rosemount, MN. The organization was established in 2008. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Rosemount Area Arts 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 12/2023, Rosemount Area Arts Council generated $78.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $62.7k during the year ending 12/2023. While expenses have increased by 4.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ROSEMOUNT AREA ARTS COUNCIL EXISTS TO BUILD AND STRENGTHEN THE ROSEMOUNT COMMUNITY THROUGH THE ARTS. THE COUNCIL BRINGS A BROAD VARIETY OF ART OPPORTUNITIES TO THE RESIDENTS OF THE ROSEMOUNT AREA.
Describe the Organization's Program Activity:
Part 3
THE COUNCIL PRODUCES OVER 50 EVENTS IN A TYPICAL YEAR. EVENTS CAN INCLUDE BUT ARE NOT LIMITED TO; ART EXHIBITS, MEET THE AUTHOR, PLAYS, CONCERTS, CRAFT DISPLAYS, WRITERS FESTIVAL, TREE LIGHTING, CHRISTMAS AT THE STEEPLE CENTER. EVENT ADMISSION RANGES FROM OPEN TO THE PUBLIC TO PAID ADMISSION TO HELP COVER COSTS. THE BOARD SEEKS TO GRADUALLY EXPAND THE VARIETY AND TYPES OF EVENTS TO GIVE EXPOSURE TO THE BROADER ARTS COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Reed Board Chair | 10 | $0 | |
Tony Sasso Board Vice Chair | 5 | $0 | |
Faye Heffele Treasurer | 15 | $0 | |
Charlotte Shover Secretary | 5 | $0 | |
Claire Ransay Technology Chair | 5 | $0 | |
John Sailors Marketing Chair | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,437 |
| Total Program Service Revenue | $53,574 |
| Membership dues | $4,855 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $70 |
| Total Revenue | $78,752 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $441 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $36,184 |
| Occupancy, rent, utilities, and maintenance | $2,424 |
| Printing, publications, postage, and shipping | $2,778 |
| Other expenses | $20,841 |
| Total expenses | $62,668 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,751 |
| Other assets | $0 |
| Total assets | $40,751 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,751 |