Forecast Public Artworks
- Assets
- $847.2k
- Revenue
- $907.6k
- Investments
- $0.0
- Employees
- 7
- Location
- St Paul, MN
- Founding
- 06/1980
- Data as of
- 12/2022
- EIN
- 41-1361351
Organization Overview
Forecast Public Artworks is located in St Paul, MN. The organization was established in 1980. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Forecast Public Artworks employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forecast Public Artworks 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, Forecast Public Artworks generated $907.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FORECAST ACTIVATES, INSPIRES, AND ADVOCATES FOR PUBLIC ART THAT ADVANCES JUSTICE, HEALTH, AND HUMAN DIGNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSULTING & CREATIVE SERVICES: FOR PLANNING AND ENGAGEMENT THE FORECAST CONSULTING TEAM PARTNERS WITH DECISION-MAKERS AND STAKEHOLDERS IN COMMUNITIES OF ALL SIZES TO OFFER CONSULTING AND TECHNICAL ASSISTANCE TO SUPPORT ACCESSIBLE AND EQUITABLE ARTS AND CULTURAL PLANNING EFFORTS. THIS INCLUDES ARTS AND CULTURE POLICIES, PROGRAMS, ORDINANCES, PUBLIC ART COLLECTIONS, AND SUPPORT FOR ARTISTS AND COMMUNITY ENGAGEMENT. WE FOCUS OUR PRO BONO AND IN-KIND SERVICES IN COMMUNITIES OF COLOR, RURAL COMMUNITIES, AND NATIVE NATIONS. THROUGH OUR LEARNING INSTITUTE WE ALSO OFFER WORKSHOPS, TRAINING, FELLOWSHIPS, AND OTHER IN-PERSON AND ONLINE LEARNING OPPORTUNITIES FOCUSED ON HELPING PUBLIC ARTISTS, CREATIVES, AND AFFILIATED PROFESSIONALS ENLIST CULTURE AND CREATIVITY TO ADDRESS EQUITABLE AND HEALTHY COMMUNITY OUTCOMES.
ARTIST SERVICES: FORECAST PROVIDES FUNDING TO MINNESOTA ARTISTS VIA OUR GRANT PROGRAM RANGING FROM $2,500-$10,000, AND ALSO SERVES AS A VALUED SUPPORT SYSTEM FOR HUNDREDS OF ARTISTS IN THE LARGER PUBLIC ART COMMUNITY. WITH CREATIVE STUDIO, FORECAST EXPANDS ACCESS TO TOOLS, RESOURCES, OPPORTUNITIES, AND FUNDING FOR ARTISTS TO WORK IN PUBLIC, CREATE PARTNERSHIPS, AND ADVANCE THEIR PUBLIC ART CAREERS. WE EMPHASIZE ACCESS FOR ARTISTS OF COLOR, INDIGENOUS ARTISTS, AND GROUPS THAT ARE TRADITIONALLY EXCLUDED.
STORY TELLING & RESEARCH:FORECAST PUBLISHES A QUARTERLY DIGITAL PUBLICATION, FORWARD, THAT HIGHLIGHTS HOW ARTISTS ARE PARTNERING WITH CITIES, INSTITUTIONS AND COMMUNITIES TO COURAGEOUSLY TACKLE THE VITAL ISSUES OF OUR TIME. ALONGSIDE THE PUBLICATION WE HOST FORUMS AND OTHER ENGAGEMENTS TO CONTINUE THE CONVERSATION ON THE TOPICS OF EACH ISSUE. WE ALSO CURATE ARTICLES FROM OUR CLOSED MAGAZINE, PUBLIC ART REVIEW, AND OFFER CUSTOM PUBLISHING OPTIONS TO TELL THE STORIES OF OTHERS IN DYNAMIC WAYS. FORECAST ALSO PILOTS NEW THINKING, PRACTICES AND RESEARCH WITH THE CHANGE LAB FELLOWSHIP PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Sweetland Executive Director | Officer | 40 | $106,842 |
Shauna Dee Finance And Operation Manager | Officer | 30 | $49,313 |
Dudley Voigt Chair | OfficerTrustee | 2 | $0 |
John Pain Treasurer | OfficerTrustee | 2 | $0 |
Hally Turner Secretary | OfficerTrustee | 2 | $0 |
Erin Heelan Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $132,396 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,958 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,354 |
| Total Program Service Revenue | $726,216 |
| Investment income | $42 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $907,550 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $88,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $168,717 |
| Compensation of current officers, directors, key employees. | $33,178 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $239,246 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,726 |
| Payroll taxes | $31,983 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,936 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,249 |
| Advertising and promotion | $2,481 |
| Office expenses | $19,000 |
| Information technology | $3,857 |
| Royalties | $0 |
| Occupancy | $16,810 |
| Travel | $24,211 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,407 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,510 |
| All other expenses | $4,954 |
| Total functional expenses | $1,120,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,426 |
| Savings and temporary cash investments | $258,652 |
| Pledges and grants receivable | $111,818 |
| Accounts receivable, net | $304,340 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $847,236 |
| Accounts payable and accrued expenses | $52,904 |
| Grants payable | $1,000 |
| Deferred revenue | $28,138 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $82,042 |
| Net assets without donor restrictions | $353,971 |
| Net assets with donor restrictions | $411,223 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $847,236 |