Grand Center For Arts & Culture Inc

Organization Overview

Grand Center For Arts & Culture Inc is located in New Ulm, MN. The organization was established in 2011. 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 12/2022, Grand Center For Arts & Culture Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Center For Arts & Culture Inc 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 12/2022, Grand Center For Arts & Culture Inc generated $293.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $440.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ENRICH COMMUNITY LIFE THOUGH ARTS, CULTURAL EDUCATION AND EXPERIENCES

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION SPONSORED MUSICIAN PERFORMANCES, ART GALLERY SHOWINGS AND CONTINUED ITS PROGRESS TO RESTORING THE HISTORIC BUILDING WHICH WILL CONTINUE TO HOUSE ITS OPERATIONS AND PROVIDE ADDITIONAL OPPORTUNITIES FOR FUTURE ARTISTS.


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Board, Officers & Key Employees

Name (title)Compensation
Pam Stocco
Chair
$0
Sharon Pieschel
Vice Chair
$0
Craig Anderson
Treasurer
$0
Lori Dummer
Secretary
$0
Jenny Haugen
Director
$0
Dan Hoisington
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,800
All other contributions, gifts, grants, and similar amounts not included above$140,526
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$142,326
Total Program Service Revenue$29,906
Investment income $57,553
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $25,949
Net Gain/Loss on Asset Sales $22,830
Net Income from Fundraising Events $5,560
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $293,847

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