Harlan Boss Foundation For The Arts
- Assets
- $3.0m
- Revenue
- $325.9k
- Investments
- $2.8m
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 09/1993
- Data as of
- 12/2022
- EIN
- 41-1758708
Organization Overview
Harlan Boss Foundation For The Arts is located in Minneapolis, MN. The organization was established in 1993. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Harlan Boss Foundation For 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 12/2022, Harlan Boss Foundation For The Arts generated $325.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $287.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Harlan Boss Foundation For The Arts has awarded 51 individual grants totaling $711,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL ACTIVITIES INVOLVE GIFTS TO OTHER 501(C)(3) ORGANIZATIONS AND RELATED EXPENSES. EACH GRANT IS MADE FOR THE PURPOSE OF SUPPORTING AND ENCOURAGING THE ARTS. ALL GRANTS ARE UNRESTRICTED CONTRIBUTIONS FOR THE GENERAL OR SPECIFIED PURPOSE OF EACH RESPECTIVE CHARITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Calvin W Didier Dir./vice-President | 0 | $0 | |
Linda Boss Dir./president Assist Sec | 0 | $0 | |
Terry Slye Assist. Sec/assist. Treas. | 0 | $0 | |
Cathleen Kb Gruen Dir./treasurer/secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $99,138 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $226,738 |
| Capital Gain Net Income | $226,738 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $30 |
| Total Revenue | $325,906 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $120 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,840 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $235 |
| Total operating and administrative expenses | $46,449 |
| Contributions, gifts, grants paid | $241,000 |
| Total expenses and disbursements | $287,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,978 |
| Savings and temporary cash investments | $128,157 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,988,673 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Harlan Boss Foundation For The Arts has awarded $241,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CRAFT COUNCIL PURPOSE: TO SUPPORT AND ENCOURAGE THE ARTS | $10,000 |
FRANCONIA SCULPTURE PARK PURPOSE: TO SUPPORT AND ENCOURAGE THE ARTS | $15,000 |
FRIENDS OF THE ST PAUL PUBLIC LIBRARY PURPOSE: TO SUPPORT AND ENCOURAGE THE ARTS | $12,500 |
HIGHPOINT CENTER FOR PRINTMAKING PURPOSE: TO SUPPORT AND ENCOURAGE THE ARTS | $10,000 |
METROPOLITAN STATE UNIVERSITY FOUNDATION PURPOSE: TO SUPPORT AND ENCOURAGE THE ARTS | $10,000 |
MIDWAY CONTEMPORARY ART PURPOSE: TO SUPPORT AND ENCOURAGE THE ARTS | $5,000 |