Marshall Area Fine Arts Council
- Assets
- $71.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marshall, MN
- Founding
- 08/1990
- Data as of
- 12/2021
- EIN
- 41-1658646
Organization Overview
Marshall Area Fine Arts Council is located in Marshall, MN. The organization was established in 1990. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Marshall Area Fine Arts Council 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 12/2021, Marshall Area Fine Arts Council generated $63.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $57.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Meyer Director | 1 | $0 | |
Marilyn M Leach Director | 2 | $0 | |
Charlotte Wendel Director | 1 | $0 | |
Bruce Ahrendt Director | 2 | $0 | |
Debra Ahmann Secretary | 0 | $0 | |
Jan Loft Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,768 |
| Total Program Service Revenue | $7,095 |
| Membership dues | $13,930 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $28 |
| Total Revenue | $63,763 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,808 |
| Professional fees and other payments to independent contractors | $5,550 |
| Occupancy, rent, utilities, and maintenance | $16,759 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,272 |
| Total expenses | $57,389 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,367 |
| Other assets | $0 |
| Total assets | $71,367 |
| Total liabilities | $69 |
| Net assets or fund balances | $71,298 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Marshall Area Fine Arts Council has recieved totaling $7,264.
| Awarding Organization | Amount |
|---|---|
Southwest Minnesota Arts Council Marshall, MN PURPOSE: OS | $7,220 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $44 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John Michael Kohler Arts Center Inc Sheboygan, WI | $91,886,755 | $7,533,321 |
Washington Pavilion Management Inc Sioux Falls, SD | $7,664,278 | $8,315,223 |
Kohler Trust For The Arts And Education Kohler, WI | $9,068,772 | $5,585,156 |
Success Institute Minneapolis, MN | $1,766,984 | $4,353,040 |
Brucemore Inc Cedar Rapids, IA | $18,035,244 | $1,902,736 |
Milwaukee County War Memorial Inc Milwaukee, WI | $14,315,972 | $2,406,675 |
Figge Art Museum Davenport, IA | $8,061,931 | $3,020,890 |
Zeitgeist Center For Arts And Community Duluth, MN | $16,526,029 | $2,402,669 |
Seward Redesign Inc Minneapolis, MN | $17,574,323 | $2,638,078 |
Bloomington Theatre And Art Center Dba Artistry Bloomington, MN | $570,526 | $1,529,131 |
Phipps Center For The Arts Inc Hudson, WI | $10,511,884 | $2,040,286 |
North Iowa Cultural Center And Museum Clear Lake, IA | $2,980,482 | $2,832,043 |