Friends Of The Hopkins Center For The Arts Inc
- Assets
- $154.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hopkins, MN
- Founding
- 04/1995
- Data as of
- 12/2022
- EIN
- 41-1778283
Organization Overview
Friends Of The Hopkins Center For The Arts Inc is located in Hopkins, MN. The organization was established in 1995. 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. Friends Of The Hopkins Center For The Arts 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 12/2022, Friends Of The Hopkins Center For The Arts Inc generated $91.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $64.0k during the year ending 12/2022. While expenses have increased by 10.5% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO HELP BUILD COMMUNITY THROUGH THE ARTS BY PROMOTING HOPKINS CENTER FOR THE ARTS AS A FOCAL POINT FOR COMMUNITY ACTIVITY, PRIDE, AND INVOLVEMENT BY PEOPLE OF ALL AGES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vlad Gruin Director | 1.5 | $0 | |
Dominique Pierre-Toussaint Director | 1.5 | $0 | |
Lynn Anderson Executive Director | 1.5 | $0 | |
Holly Magdanz Director | 1.5 | $0 | |
Jim Clark Visual Arts Manager | 1.5 | $0 | |
Pam Luer Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,023 |
| Total Program Service Revenue | $16,657 |
| Membership dues | $30,801 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,495 |
| 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 | $4,247 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $257 |
| Other expenses | $22,462 |
| Total expenses | $63,966 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,462 |
| Other assets | $0 |
| Total assets | $154,462 |
| Total liabilities | $718 |
| Net assets or fund balances | $153,744 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Hopkins Center For The Arts Inc has recieved totaling $97.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $97 |
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 |