Valley Art Council
- Assets
- $73.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Crookston, MN
- Founding
- 07/1979
- Data as of
- 12/2021
- EIN
- 41-1290378
Organization Overview
Valley Art Council is located in Crookston, MN. The organization was established in 1979. 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 the central organization for a national or regional group of organizations. Valley Art 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 12/2021, Valley Art Council generated $30.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $12.0k during the year ending 12/2021. 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
CROOKSTON HIGH SCHOOL MUSIC STUDENTS PARTICIPATION IN ARTS CENTERED TRIP EVERY FOUR YEARS. FUNDRAISING AND SOLICITATIONS BY STUDENT AND PARENTS DONE IN COMMUNITY TO FUND TRIP FOR ALL ELIGIBLE MUSIC STUDENTS. THE NEXT SCHEDULED MUSIC TRIP WILL BE IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phyllis Hagen Director | 0.5 | $0 | |
Trey Everett Director | 0.5 | $0 | |
Beth Carlson Director | 0.5 | $0 | |
Greg Garmen Director | 0.5 | $0 | |
Gary Stegman Director | 0.5 | $0 | |
Dale Knotek Vice President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,565 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,576 |
| 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 | $585 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $228 |
| Other expenses | $494 |
| Total expenses | $11,967 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,534 |
| Other assets | $0 |
| Total assets | $73,534 |
| Total liabilities | $0 |
| Net assets or fund balances | $73,534 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Humanities Center St Paul, MN | $15,490,899 | $2,258,980 |
Metropolitan Regional Arts Council St Paul, MN | $2,676,962 | $5,717,209 |
Performing Arts Foundation Inc Wausau, WI | $2,793,768 | $2,598,770 |
Pottawattamie Arts Culture & Entertainment Council Bluffs, IA | $21,175,917 | $2,201,183 |
Reif Arts Council Grand Rapids, MN | $641,981 | $1,377,956 |
Central Minnesota Arts Board Foley, MN | $714,262 | $1,088,614 |
North Dakota Humanities Council Bismarck, ND | $606,082 | $1,234,062 |
Southwest Minnesota Arts Council Marshall, MN | $626,781 | $1,000,524 |
Milwaukee Artist Resource Network Milwaukee, WI | $3,119,888 | $110,621 |
Lake Region Arts Council Inc Fergus Falls, MN | $216,379 | $880,468 |
The Arrowhead Regional Arts Council Duluth, MN | $446,160 | $773,386 |
Five Wings Arts Council Staples, MN | $220,066 | $685,150 |