Fine Arts Club Of Fargo
- Assets
- $123.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fargo, ND
- Founding
- 03/1954
- Data as of
- 12/2021
- EIN
- 45-0237683
Organization Overview
Fine Arts Club Of Fargo is located in Fargo, ND. The organization was established in 1954. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Fine Arts Club Of Fargo 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, Fine Arts Club Of Fargo generated $26.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $48.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cory Haverkamp Co-President | 3 | $0 | |
Pat Yahnke Co-President | 3 | $0 | |
Patricia Kotta Treasurer | 2 | $0 | |
Lorraine Deremer Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,460 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,925 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,827 |
| Other Revenue | $19 |
| Total Revenue | $26,231 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,534 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $43,085 |
| Printing, publications, postage, and shipping | $642 |
| Other expenses | $0 |
| Total expenses | $48,261 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,680 |
| Other assets | $0 |
| Total assets | $123,291 |
| Total liabilities | $0 |
| Net assets or fund balances | $123,291 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Craft Council Minneapolis, MN | $6,869,826 | $3,121,094 |
Union Construction Crafts Workers Compensation Fund Bloomington, MN | $541,374 | $1,672,771 |
American Association Of Woodturners St Paul, MN | $2,442,172 | $1,435,170 |
Urban Roots Mn St Paul, MN | $649,457 | $875,121 |
Forecast Public Artworks St Paul, MN | $1,063,412 | $1,010,564 |
Franconia Sculpture Park Shafer, MN | $3,377,116 | $636,537 |
Southeastern Minnesota Arts Council Inc Rochester, MN | $706,176 | $777,550 |
Hatch Bozeman, MT | $195,495 | $644,273 |
Public Art Saint Paul St Paul, MN | $739,376 | $339,805 |
Elys Historic State Theater Ely, MN | $396,462 | $439,135 |
Sculpturewalk Inc Sioux Falls, SD | $2,909,587 | $385,029 |
Lanesboro Arts Center Lanesboro, MN | $969,983 | $481,893 |