The Jaques Art Center is located in Aitkin, MN. The organization was established in 1995. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Jaques Art Center employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jaques Art Center 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, Jaques Art Center generated $158.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $84.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PUBLICLY PRESENT ART EXHIBITS, WORKSHOPS, SEMINARS AND PROGRAMMING FOR PEOPLE OF ALL AGES, CULTURES AND BACKGROUNDS WITH A FOCUS ON ART OF FRANCIS LEE AND FLORENCE PAGE JAQUES, AS WELL AS LOCAL ARTISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PUBLICLY PRESENT ART EXHIBITS, WORKSHOPS, SEMINARS AND PROGRAMMING FOR PEOPLE OF ALL AGES, CULTURES AND BACKGROUNDS WITH A FOCUS ON ART OF FRANCIS LEE AND FLORENCE PAGE JAQUES, AS WELL AS LOCAL ARTISTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pamela Andell Exec Directo | Trustee | 20 | $17,850 |
Barden Heft Treasurer | OfficerTrustee | 10 | $0 |
Janice Hasselius President | OfficerTrustee | 5 | $0 |
Jerry Holm VP Emeritus | OfficerTrustee | 1 | $0 |
Shirley Lundstrom Secretary | OfficerTrustee | 1 | $0 |
Kathy Brandenburger Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $7,873 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $111,706 |
Noncash contributions included in lines 1a–1f | $91,500 |
Total Revenue from Contributions, Gifts, Grants & Similar | $119,579 |
Total Program Service Revenue | $2,950 |
Investment income | $2,036 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $24,624 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $9,132 |
Miscellaneous Revenue | $0 |
Total Revenue | $158,321 |
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. | $17,850 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $12,844 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,267 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,042 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $10,000 |
Advertising and promotion | $1,820 |
Office expenses | $14,424 |
Information technology | $521 |
Royalties | $0 |
Occupancy | $9,385 |
Travel | $0 |
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 | $0 |
Insurance | $6,061 |
All other expenses | $0 |
Total functional expenses | $84,712 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,770 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $13,378 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $640,343 |
Investments—publicly traded securities | $66,889 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $316,933 |
Total assets | $1,044,313 |
Accounts payable and accrued expenses | $5,222 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $5,222 |
Net assets without donor restrictions | $1,039,091 |
Net assets with donor restrictions | $0 |
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 | $1,044,313 |
Over the last fiscal year, we have identified 1 grants that The Jaques Art Center has recieved totaling $97.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $97 |
Organization Name | Assets | Revenue |
---|---|---|
Edmundson Art Foundation Inc Des Moines, IA | $123,873,821 | $5,221,950 |
Madison Museum Of Contemporary Art Inc Madison, WI | $15,382,994 | $2,302,239 |
Minnesota Museum Of American Art Saint Paul, MN | $9,032,036 | $1,499,963 |
Plains Art Museum Fargo, ND | $10,649,612 | $3,114,280 |
Paine Art Center & Gardens Inc Oshkosh, WI | $23,894,891 | $2,871,435 |
Racine Art Museum Association Inc Racine, WI | $13,099,169 | $1,971,714 |
Cedar Rapids Museum Of Art Cedar Rapids, IA | $10,975,724 | $1,897,118 |
River Music Experience Davenport, IA | $3,858,577 | $1,649,242 |
Museum Of Russian Art Minneapolis, MN | $5,847,264 | $2,095,024 |
Bergstrom-Mahler Museum Inc Neenah, WI | $17,360,409 | $1,558,977 |
North Dakota Museum Of Art Grand Forks, ND | $7,446,530 | $2,052,250 |
Trout Museum Of Art Inc Appleton, WI | $2,773,073 | $944,933 |