Prairie Lakes Regional Arts Council Inc

Organization Overview

Prairie Lakes Regional Arts Council Inc is located in Waseca, MN. The organization was established in 1994. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Prairie Lakes Regional Arts Council Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prairie Lakes Regional Arts Council Inc 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 06/2022, Prairie Lakes Regional Arts Council Inc generated $791.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $911.1k during the year ending 06/2022. While expenses have increased by 5.1% 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.

Since 2016, Prairie Lakes Regional Arts Council Inc has awarded 228 individual grants totaling $1,850,086. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE PROMOTION, TECHNICAL AND DEVELOPMENTAL ASSISTANCE AND GRANTS TO NON-PROFIT ARTS ORGANIZATIONS, COMMUNITY GROUPS, SCHOOLS AND INDIVIDUAL ARTISTS. THE NINE COUNTIES IN MINNESOTA SERVED ARE BLUE EARTH, BROWN, FARIBAULT, LESUEUR, MARTIN, NICOLLET, SIBLEY, WASECA AND WATONWAN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION DISTRIBUTES GRANTS TO AREA ORGANIZATIONS, INDIVIDUALS AND COMMUNITY GROUPS FOR THE SOLE PURPOSE OF SERVING THE ARTS THROUGH DEVELOPMENT, PROMOTION AND TECHNICAL ASSISTANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Steve Davis
President
$0
Karen Krause
Secretary
$0
Larry Pint
Treasurer
$0
Rita Rassbach
Vice Preside
$0
Tom David Barna
Director
$0
Carolyn Borgen
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $715,801
All other contributions, gifts, grants, and similar amounts not included above$70,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$785,801
Total Program Service Revenue$0
Investment income $222
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $791,048

Grants Awarded

Over the last fiscal year, Prairie Lakes Regional Arts Council Inc has awarded $430,930 in support to 48 organizations.

Grant RecipientAmount

ARTS CENTER OF ST PETER

Org PageRecipient Profile

Saint Peter, MN

PURPOSE: ACH-A

$13,000

DALEKOARTS NEW PRAGUE

Org PageRecipient Profile

New Prague, MN

PURPOSE: ACH-A

$13,000

DAVORI PROD - MANKATO PLAYHOUSE

Org PageRecipient Profile

Mankato, MN

PURPOSE: AP

$13,000

MANKATO BALLET COMPANY

Org PageRecipient Profile

Mankato, MN

PURPOSE: ACH-A

$13,000

FAIRMONT OPERA HOUSE

Org PageRecipient Profile

Fairmont, MN

PURPOSE: ACH-A

$13,000

DANCE CONSERVATORY OF SO MN

Org PageRecipient Profile

Mankato, MN

PURPOSE: ACH-A

$13,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Prairie Lakes Regional Arts Council Inc has recieved totaling $280,000.

Awarding OrganizationAmount
Mcknight Foundation

Minneapolis, MN

PURPOSE: FOR RE-GRANTING PROGRAMS IN SUPPORT OF INDIVIDUAL ARTISTS

$70,000
Mcknight Foundation

Minneapolis, MN

PURPOSE: FOR RE-GRANTING PROGRAMS IN SUPPORT OF INDIVIDUAL ARTISTS

$70,000
Mcknight Foundation

Minneapolis, MN

PURPOSE: FOR RE-GRANTING PROGRAMS IN SUPPORT OF INDIVIDUAL ARTISTS

$70,000
Mcknight Foundation

Minneapolis, MN

PURPOSE: FOR RE-GRANTING PROGRAMS IN SUPPORT OF INDIVIDUAL ARTISTS

$70,000
View Grant Recipient Profile

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