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 12/2022, Jaques Art Center employed 8 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 12/2022, Jaques Art Center generated $59.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $73.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. 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
2022
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 | $17,766 |
Barry Anderson Director | Trustee | 1 | $0 |
Kathy Brandenburger President | OfficerTrustee | 5 | $0 |
Linda And Dave Causton Director | Trustee | 1 | $0 |
Skye Fielder Director | Trustee | 1 | $0 |
Roberta Hancock Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $6,785 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $16,011 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $22,796 |
Total Program Service Revenue | $2,825 |
Investment income | $1,308 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $20,691 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $12,044 |
Miscellaneous Revenue | $0 |
Total Revenue | $59,664 |
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. | $17,766 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $14,791 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,569 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,337 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,003 |
Office expenses | $8,743 |
Information technology | $560 |
Royalties | $0 |
Occupancy | $9,412 |
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 | $5,483 |
All other expenses | $271 |
Total functional expenses | $73,564 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,574 |
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 | $44,895 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $316,933 |
Total assets | $1,022,123 |
Accounts payable and accrued expenses | $5,454 |
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 | $5,454 |
Net assets without donor restrictions | $1,016,669 |
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 | $1,022,123 |