Hennepin Center for the Arts
- Assets
- $0.0
- Revenue
- $348.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 01/1978
- Data as of
- 12/2020
- EIN
- 41-1312371
Organization Overview
Hennepin Center for the Arts is located in Minneapolis, MN. The organization was established in 1978. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations.
For the year ending 12/2020, Hennepin Center for the Arts generated $348.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 32.4% each year . All expenses for the organization totaled $97.3k during the year ending 12/2020. While expenses have increased by 22.3% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
HENNEPIN CENTER FOR THE ARTS PROVIDES A FACILITY USED FOR THE PERFORMANCE OF THE ARTS, TRAINING, LEARNING AND SUBSISTENCE AND GROWTH ENVIRONMENT CENTERS FOR ARTISTS AND PERFORMERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Margaret Macmillan Chair | 1 | $0 | |
Joel Ronning Secretary | 1 | $0 | |
Cynthia J Newsom Partial Year Vice Chair | 1 | $0 | |
Mark Manbeck Vice Treasurer | 1 | $0 | |
James C Adams Partial Year Board Member | 1 | $0 | |
Marie Feely Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $348,377 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $348,377 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $81,987 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $97,337 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $97,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fox Cities Performing Arts Center Inc Appleton, WI | $82,069,378 | $12,172,619 |
Confluence Council Inc Eau Claire, WI | $3,541,289 | $9,499,634 |
The Cowles Center Minneapolis, MN | $25,707,590 | $3,628,768 |
Sharon Lynne Wilson Center For The Arts Inc Brookfield, WI | $7,745,348 | $1,495,819 |
Professional Dairy Producers Of Wisconsin Inc Juneau, WI | $950,871 | $1,809,722 |
Firehouse Performing Arts Center Minneapolis, MN | $427,034 | $1,162,536 |
Pangea World Theater Minneapolis, MN | $3,888,394 | $2,394,735 |
Fairmont Opera House Inc Fairmont, MN | $1,946,448 | $510,715 |
The Grand Oshkosh Inc Oshkosh, WI | $717,158 | $1,144,310 |
Meyer Theater Corporation Green Bay, WI | $9,446,664 | $707,494 |
La Crosse Performing Arts Center Inc La Crosse, WI | $7,113,704 | $500,767 |
Fergus Falls Center For The Arts Inc Fergus Falls, MN | $802,335 | $580,235 |