Aitkin County Friends Of The Arts
- Assets
- $251.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Aitkin, MN
- Founding
- 03/1987
- Data as of
- 12/2023
- EIN
- 41-1560291
Organization Overview
Aitkin County Friends Of The Arts is located in Aitkin, MN. The organization was established in 1987. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Aitkin County Friends Of The 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 12/2023, Aitkin County Friends Of The Arts generated $62.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (26.4%) each year. All expenses for the organization totaled $12.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (55.8%) per year over the past 3 years. 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
2023
Describe the Organization's Program Activity:
Part 3
SPONSOR EVENTS AND ACTIVITIES INSPIRING ARTS IN AITKIN COUNTY MN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Ryan President | 2 | $0 | |
Peter Lowe Vice Preside | 1 | $0 | |
Christine Bright Marwede Treasurer | 1 | $0 | |
Irma Boerhave Director | 1 | $0 | |
Mike Cherry Director | 1 | $0 | |
Jeremy Goble Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,129 |
| Total Program Service Revenue | $7,812 |
| Membership dues | $0 |
| Investment income | $83 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,024 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,714 |
| Total expenses | $12,714 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,504 |
| Other assets | $0 |
| Total assets | $251,143 |
| Total liabilities | $0 |
| Net assets or fund balances | $251,143 |