Northern Lakes Arts Association
- Assets
- $75.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ely, MN
- Founding
- 08/1988
- Data as of
- 12/2022
- EIN
- 36-3485240
Organization Overview
Northern Lakes Arts Association is located in Ely, MN. The organization was established in 1988. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, 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. Northern Lakes Arts Association 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, Northern Lakes Arts Association generated $80.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 29.8% each year . All expenses for the organization totaled $65.9k during the year ending 12/2022. While expenses have increased by 14.2% per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
PRODUCED PLAYS SPONSORED CONCERTS AND SUPPORTED OTHER ART EVENTS FOR THE GENERAL PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dafne Caruso Chair | 2 | $0 | |
Sara Skelton Secretary | 3 | $0 | |
Caroline Owens Treasurer | 4 | $0 | |
Vince O'connor Board Member | 1 | $0 | |
Billie Rouse Board Member | 1 | $0 | |
Crystal Poppler Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,337 |
| Total Program Service Revenue | $38,269 |
| Membership dues | $18,515 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,121 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $38,359 |
| Occupancy, rent, utilities, and maintenance | $2,178 |
| Printing, publications, postage, and shipping | $4,917 |
| Other expenses | $18,918 |
| Total expenses | $65,872 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,278 |
| Other assets | $0 |
| Total assets | $75,033 |
| Total liabilities | $5,639 |
| Net assets or fund balances | $69,394 |