Northern Lakes Arts Association
- Assets
- $60.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ely, MN
- Founding
- 08/1988
- Data as of
- 12/2021
- 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 12/2021, Northern Lakes Arts Association generated $37.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $38.7k during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 6 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
2021
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 | 4 | $0 | |
Laura Moberly Secretary | 4 | $0 | |
Caroline Owens Treasurer | 4 | $0 | |
Vince O'connor Board Member | 2 | $0 | |
Sara Skelton Board Member | 2 | $0 | |
Andrea Strom Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,989 |
| Total Program Service Revenue | $20,934 |
| Membership dues | $1,335 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,258 |
| 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 | $20,675 |
| Occupancy, rent, utilities, and maintenance | $2,825 |
| Printing, publications, postage, and shipping | $1,348 |
| Other expenses | $13,840 |
| Total expenses | $38,688 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,431 |
| Other assets | $0 |
| Total assets | $60,095 |
| Total liabilities | $4,950 |
| Net assets or fund balances | $55,145 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Northern Lakes Arts Association has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Fabricon Foundation St Paul, MN PURPOSE: CULTURAL | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Springboard For The Arts Saint Paul, MN | $11,189,893 | $6,226,382 |
Irish Festivals Inc Wauwatosa, WI | $3,948,548 | $3,527,102 |
Penumbra Theatre Company Inc St Paul, MN | $11,072,613 | $11,767,246 |
Vermillion Development Company Vermillion, SD | $13,347,571 | $1,278,713 |
Great River Educational Arts Theatre Waite Park, MN | $2,124,043 | $1,298,564 |
Thelma Sadoff Center For The Arts Inc Fond Du Lac, WI | $5,501,310 | $863,155 |
The Cedar Cultural Center Inc Minneapolis, MN | $2,037,241 | $1,717,061 |
The Fitzgerald Theater Company St Paul, MN | $560 | $643,988 |
Echo Ministries Inc St Paul, MN | $978,838 | $1,341,066 |
Schauer Arts And Activities Center Inc Hartford, WI | $3,085,961 | $949,170 |
Fargo Theatre Management Corporation Fargo, ND | $1,892,050 | $869,304 |
Gatherings On The Green Inc Thiensville, WI | $404,938 | $799,351 |