Minnesota Center For Book Arts
- Assets
- $1.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 15
- Location
- Minneapolis, MN
- Founding
- 09/1983
- Data as of
- 04/2023
- EIN
- 41-1455905
Organization Overview
Minnesota Center For Book Arts is located in Minneapolis, MN. The organization was established in 1983. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 04/2023, Minnesota Center For Book Arts employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Center For Book Arts 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 04/2023, Minnesota Center For Book Arts generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $981.9k during the year ending 04/2023. While expenses have increased by 1.3% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF MINNESOTA CENTER FOR BOOK ARTS (MCBA) IS TO IGNITE ARTISTIC PRACTICE, INSPIRE LEARNING, AND FOSTER DIVERSE CREATIVE COMMUNITIES THROUGH THE BOOK ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION PROGRAMS: MCBA'S ADULT EDUCATION PROGRAM OFFERS THE PUBLIC A RANGE OF PRINTING, BOOKBINDING, PAPERMAKING, TYPOGRAPHY, AND DESIGN WORKSHOPS, OFFERED VIRTUALLY AND IN OUR STUDIOS. MCBA OFFERS TWO CERTIFICATE PROGRAMS OF STUDY, TO RECOGNIZE DEDICATED PRACTITIONERS WHO COMPLETE SIGNIFICANT COURSEWORK IN BOOK ARTS AND DEMONSTRATE KNOWLEDGE AND PROFICIENCY ACROSS BOOK ARTS DISCIPLINES. MCBA'S YOUTH AND COMMUNITY EDUCATION PROGRAMS ENGAGE YOUTH THROUGH PARTNERSHIPS WITH SCHOOLS, LIBRARIES, AND COMMUNITY ORGANIZATIONS. MCBA REGULARLY PARTNERS WITH PUBLIC AND PRIVATE SCHOOLS TO BRING THE BOOK ARTS TO K-12 STUDENTS THROUGH PROGRAMS OFFERED ONSITE IN MCBA'S STUDIOS, OFFSITE IN SCHOOL CLASSROOMS, AND THROUGH VIRTUAL PLATFORMS. MCBA SERVES VERY YOUNG ARTISTS THROUGH PRESCHOOL AND FAMILY CLASSES, AND ENGAGES OLDER CHILDREN AND TEENS THROUGH SUMMER CAMPS WITH LOCAL ARTS CENTERS AND MUSEUM PARTNERS.
ARTISTIC PROGRAMS: MCBA'S ARTISTIC PROGRAMS ENCOURAGE CONVERSATION, COLLABORATION, CREATIVITY, AND DISCOVERY. PROGRAMS INCLUDE AN ANNUAL MID- CAREER FELLOWSHIP PROGRAM SUPPORTED BY THE MCKNIGHT FOUNDATION, BIENNIAL RESIDENCY AND MENTORSHIP PROGRAMS FOR EARLY CAREER ARTISTS SUPPORTED BY THE JEROME FOUNDATION, AND A COLLEGIATE FELLOWSHIP SUPPORTING STUDENT RESIDENCIES AT MCBA.
EXHIBITION, SHOP, AND STUDIO PROGRAMS: MCBA MEETS THE NEEDS OF WORKING ARTISTS BY PROVIDING ACCESS TO WORKSPACE AND SPECIALIZED EQUIPMENT IN OUR PAPERMAKING, PRINTING, AND BOOKBINDING STUDIOS, AND CONNECTIONS TO ARTIST NETWORKS THROUGH BOTH OUR STUDIO LAB PROGRAM FOR LOW-COST STUDIO RENTAL (WEEKLY AND MONTHLY SESSIONS) AND 20-MEMBER ARTIST COLLECTIVE (24/7 ACCESS). MCBA'S EXHIBITIONS INVOLVE, INFORM, AND INSPIRE DIVERSE AUDIENCES BY SHOWCASING BOTH TRADITIONAL AND CONTEMPORARY BOOK ART. FOUR TO SIX EXHIBITIONS ARE PRESENTED EACH YEAR IN MCBA'S MAIN GALLERY AND UP TO SIX SITE-SPECIFIC INSTALLATIONS ARE PRESENTED IN THE OUTLOOK GALLERY OVERLOOKING WASHINGTON AVENUE. MCBA SUPPORTS ARTISTS THROUGH REPRESENTATION IN THE SHOP AT MCBA, WHICH CARRIES THE WORK OF OVER 250 ARTISTS FROM MINNESOTA AND BEYOND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cory Zanin Board Chair | OfficerTrustee | 4 | $0 |
Kc Foley Immediate Pa | OfficerTrustee | 1 | $0 |
Deb Weiss Treasurer | OfficerTrustee | 1 | $0 |
Sherri Gebert Fuller Secretary | OfficerTrustee | 1 | $0 |
Heidi Bing Director | Trustee | 1 | $0 |
Ronnie Brooks Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,218 |
| Related organizations | $0 |
| Government grants | $613,559 |
| All other contributions, gifts, grants, and similar amounts not included above | $147,308 |
| Noncash contributions included in lines 1a–1f | $10,280 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $766,085 |
| Total Program Service Revenue | $285,278 |
| Investment income | $7,730 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,507 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $75,251 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,130,820 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $99,753 |
| Compensation of current officers, directors, key employees. | $9,975 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $334,326 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,566 |
| Payroll taxes | $39,279 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $46,092 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,004 |
| Advertising and promotion | $3,465 |
| Office expenses | $72,840 |
| Information technology | $9,578 |
| Royalties | $0 |
| Occupancy | $131,548 |
| Travel | $12,171 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,929 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,419 |
| Insurance | $8,033 |
| All other expenses | $3,543 |
| Total functional expenses | $981,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,128 |
| Savings and temporary cash investments | $566,838 |
| Pledges and grants receivable | $386,626 |
| Accounts receivable, net | $1,080 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $35,580 |
| Prepaid expenses and deferred charges | $7,771 |
| Net Land, buildings, and equipment | $9,514 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $54,587 |
| Total assets | $1,065,124 |
| Accounts payable and accrued expenses | $64,714 |
| Grants payable | $0 |
| Deferred revenue | $34,332 |
| 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 | $361,849 |
| Other liabilities | $27,606 |
| Total liabilities | $488,501 |
| Net assets without donor restrictions | $45,735 |
| Net assets with donor restrictions | $530,888 |
| 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 | $1,065,124 |