Austin Area Commission For The Arts Inc
- Assets
- $3.1m
- Revenue
- $703.5k
- Investments
- $0.0
- Employees
- 10
- Location
- Austin, MN
- Founding
- 09/1995
- Data as of
- 12/2020
- EIN
- 41-1650727
Organization Overview
Austin Area Commission For The Arts Inc, operating under the name Austin Area Arts, is located in Austin, MN. The organization was established in 1995. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Austin Area Arts employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin Area 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 12/2020, Austin Area Arts generated $703.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $405.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
CREATE A VIBRANT AND SUCCESSFUL COMMUNITY THAT BENEFITS PEOPLE IN AUSTIN AND THE SURROUNDING AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARAMOUNT THEATRE - MAINTAIN THE HISTORIC 1929 PARAMOUNT THEATRE, PRESENT LIVE MUSIC AND OTHER PERFORMING ARTS AND OFFER LOW COST RENTAL VENUE TO THE AREA'S ARTS COMMUNITY. OFFERED 85 EVENTS, SERVING 3,036 PEOPLE, INCLUDING 14 LIVE MUSIC SHOWS, 3 DANCE SHOWS, AND 1 COMEDY SHOW. ADDED HEARING ASSISTIVE DEVICES FOR PATRONS WITH HEARING LOSS.
ARTWORKS CENTER - PROVIDE A VENUE FOR ARTISTS TO CREATE, DISPLAY AND SELL THEIR ART; PROVIDE ART EDUCATION FOR ALL AGES. 105 RETAIL ARTISTS GENERATED $50,000+ GROSS RETAIL SALES. OFFERED 72 EVENTS INCLUDING 59 CLASSES (40 FOR KIDS) AND 6 FINE ART EXHIBITS.
ARTWORKS FESTIVAL - CELEBRATE VISUAL, PERFORMING AND LITERARY ARTISTS WITH A FREE TWO-DAY EVENT IN THE HEART OF DOWNTOWN AUSTIN. EVENT CONTRIBUTES TO COMMUNITY QUALITY OF LIFE AND GENERATES ECONOMIC IMPACT FOR LOCAL LODGING, RESTAURANTS AND RETAIL. 6,500 VISITORS ENJOYED 55 JURIED EXHIBITING ARTISTS FROM 10 STATES, 13 ARTWORKS WEEK EVENTS, 12 MUSIC ACTS, 7 AUTHORS, 6 HANDS-ON ART EXPERIENCES, AND 4 PERFORMING ARTS GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura S Helle Executive Director | Officer | 40 | $72,298 |
Gretchen Ramlo President | OfficerTrustee | 5 | $0 |
Belita Schindler Secretary, Vice President | OfficerTrustee | 5 | $0 |
Mary Anne Wolesky President - Part Year | OfficerTrustee | 5 | $0 |
Randall Kramer Vice President, Treasurer | OfficerTrustee | 5 | $0 |
Rick Young Secretary | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Joseph Company Installation Of Sprinkler System | 12/30/20 | $236,284 |
All Weather Roof Construction - Replaced Roof | 12/30/20 | $174,640 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,528 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $101,047 |
| All other contributions, gifts, grants, and similar amounts not included above | $620,893 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $733,468 |
| Total Program Service Revenue | $28,181 |
| Investment income | $2,304 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$14,001 |
| Net Gain/Loss on Asset Sales | -$45,054 |
| Net Income from Fundraising Events | $1,327 |
| Net Income from Gaming Activities | -$3,014 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $703,498 |
| 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. | $69,690 |
| Compensation of current officers, directors, key employees. | $17,422 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $99,867 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,210 |
| Payroll taxes | $12,972 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,195 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,735 |
| Fees for services: Other | $3,243 |
| Advertising and promotion | $6,044 |
| Office expenses | $10,189 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $107,757 |
| Travel | $620 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $94,080 |
| Insurance | $14,017 |
| All other expenses | -$58,002 |
| Total functional expenses | $405,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,526 |
| Savings and temporary cash investments | $604,607 |
| Pledges and grants receivable | $79,150 |
| Accounts receivable, net | $16,031 |
| 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 | $10,252 |
| Net Land, buildings, and equipment | $1,869,952 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $332,007 |
| Total assets | $3,088,525 |
| Accounts payable and accrued expenses | $418,315 |
| Grants payable | $0 |
| Deferred revenue | $3,068 |
| 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 | $269,242 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,110 |
| Total liabilities | $691,735 |
| Net assets without donor restrictions | $1,056,645 |
| Net assets with donor restrictions | $1,340,145 |
| 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 | $3,088,525 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Austin Area Commission For The Arts Inc has recieved totaling $60,008.
| Awarding Organization | Amount |
|---|---|
Hormel Foods Corporation Chartible Tr Austin, MN PURPOSE: COMMUNITY SUPPORT | $18,000 |
Mayo Clinic Group Return Rochester, MN PURPOSE: SUPPORT CHARITABLE PURPOSE | $15,000 |
Austin Area Foundation Austin, MN | | $11,361 |
Mardag Foundation St Paul, MN PURPOSE: OPERATING SUPPORT FOR AUSTIN AREA ARTS | $10,000 |
Charles K Blandin Foundation Grand Rapids, MN PURPOSE: MATCHING GIFT CONTRIBUTION | $5,000 |
Amg Charitable Gift Foundation Greenwood Village, CO PURPOSE: ARTS | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of Greater Milwaukee & Waukesha County Inc Milwaukee, WI | $57,056,595 | $64,052,238 |
Greater Twin Cities United Way Minneapolis, MN | $131,397,199 | $56,166,906 |
Aurora Health Care Foundation Inc Milwaukee, WI | $332,167,553 | $7,899,285 |
United Way Of Central Iowa Des Moines, IA | $37,480,917 | $26,442,012 |
Minneapolis Jewish Federation Minneapolis, MN | $195,630,681 | $22,381,825 |
Milwaukee Jewish Federation Inc Milwaukee, WI | $275,238,952 | $33,191,987 |
United Way Of Dane County Inc Madison, WI | $25,467,311 | $22,528,941 |
Marquardt Home And Community Based Services Inc Watertown, WI | $9,140,172 | $14,598,397 |
Best Buy Foundation Richfield, MN | $56,998,788 | $22,106,255 |
United Way Fox Cities Inc Menasha, WI | $16,186,120 | $10,302,524 |
Sioux Empire United Way Inc Sioux Falls, SD | $14,046,411 | $8,857,048 |
New Harmony Care Center Inc Edina, MN | $17,674,874 | $11,846,414 |