Kaddatz Galleries
- Assets
- $277.7k
- Revenue
- $339.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Fergus Falls, MN
- Founding
- 03/2009
- Data as of
- 06/2022
- EIN
- 26-2693338
Organization Overview
Kaddatz Galleries is located in Fergus Falls, MN. The organization was established in 2009. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Kaddatz Galleries employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kaddatz Galleries 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 06/2022, Kaddatz Galleries generated $339.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $329.2k during the year ending 06/2022. While expenses have increased by 3.0% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER VISUAL ARTS EDUCATION AND APPRECIATION, AND TO MAINTAIN AN EDUCATION CENTER/DISPLAY POST WHERE THE WORKS OF CHARLES BECK AND OTHER RECOGNIZED LOCAL ARTISTS WILL BE ACCESSIBLE TO THE PUBLIC
Describe the Organization's Program Activity:
FOSTER VISUAL ARTS EDUCATION AND APPRECIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Buzz Anderson Treasurer | OfficerTrustee | 1 | $0 |
Scott Demartelaere Past Preside | OfficerTrustee | 1 | $0 |
Rebecca Petersen Vice Preside | OfficerTrustee | 1 | $0 |
Linda Macfarlane President | OfficerTrustee | 1 | $0 |
Dominic Facio Director | Trustee | 1 | $0 |
Ruth Rosengren Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $204,012 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $204,012 |
| Total Program Service Revenue | $9,915 |
| Investment income | $92 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$320 |
| Net Income from Fundraising Events | $5,835 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $116,607 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $339,109 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $101,924 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,367 |
| Payroll taxes | $8,021 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,187 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,415 |
| Office expenses | $3,227 |
| Information technology | $1,975 |
| Royalties | $0 |
| Occupancy | $24,592 |
| Travel | $3,514 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,749 |
| Insurance | $5,779 |
| All other expenses | $15,027 |
| Total functional expenses | $329,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,434 |
| Savings and temporary cash investments | $59,550 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $79,178 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,498 |
| Total assets | $277,660 |
| Accounts payable and accrued expenses | $6,582 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $6,582 |
| Net assets without donor restrictions | $271,078 |
| Net assets with donor restrictions | $0 |
| 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 | $277,660 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Kaddatz Galleries has recieved totaling $193,350.
| Awarding Organization | Amount |
|---|---|
Mcknight Foundation Minneapolis, MN PURPOSE: FOR GENERAL OPERATING SUPPORT | $50,000 |
Mcknight Foundation Minneapolis, MN PURPOSE: FOR GENERAL OPERATING SUPPORT | $50,000 |
Lake Region Arts Council Inc Fergus Falls, MN PURPOSE: Expand sponsor Kaddatzs Art Reach program serving underserved populations in our community with classes a public exhibit | $18,832 |
Mcknight Foundation Minneapolis, MN PURPOSE: FOR GENERAL OPERATING SUPPORT | $15,000 |
Mcknight Foundation Minneapolis, MN PURPOSE: FOR GENERAL OPERATING SUPPORT | $15,000 |
Mcknight Foundation Minneapolis, MN PURPOSE: FOR GENERAL OPERATING SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walker Art Center Inc Minneapolis, MN | $379,213,744 | $50,426,261 |
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 |