Soar Regional Arts
- Assets
- $47.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Michael, MN
- Founding
- 04/2012
- EIN
- 45-4005196
Organization Overview
Soar Regional Arts is located in St Michael, MN. The organization was established in 2012. According to its NTEE Classification (A65) the organization is classified as: Theater, 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. Soar Regional Arts 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 undefined, Soar Regional Arts generated $108.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $105.3k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 6 years. 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
Describe the Organization's Program Activity:
Part 3
SOAR REGIONAL ARTS IS A NONPROFIT ORGANIZATION, THE PURPOSE OF WHICH IS TO ENRICH, EDUCATE, AND ENTERTAIN THE COMMUNITIES OF ST MICHAEL, OTSEGO, ALBERTVILLE, AND ROGERS BY PROVIDING AN EXCEPTIONAL PERFORMING ARTS EXPERIENCE. WE BELIEVE IN....~ COMMUNITY: WE WORK HARD TO REPRESENT OURSELVES IN THE COMMUNITIES WE SERVE: ST MICHAEL, OTSEGO, ALBERTVILLE AND ROGERS. THIS MEANS FORMING PARTNERSHIPS AND COLLABORATIONS WITH OTHER ARTS PROGRAMS AND LOCAL BUSINESSES TO ENSURE THE ARTS ARE AVAILABLE TO ALL.~PARTICIPATION: WE PROVIDE ENCOURAGEMENT FOR ALL LEVELS OF PARTICIPATION. ON STAGE, BEHIND THE SCENES, VOLUNTEERING, OR IN THE AUDIENCE. ALL AREAS ARE ESSENTIAL TO THE SUCCESS OF SOARS PRODUCTIONS AND PROGRAMS. EVERYONE IS NEEDED TO MAKE THIS WORK.~INCLUSION: WE ARE COMMITTED TO REACHING OUT TO THE PARTICIPANTS, PATRONS, AND VOLUNTEERS TO REFLECT NOT ONLY THE COMMUNITY THAT WE CURRENTLY SERVE, BUT THE COMMUNITY WE HOPE TO BE. WE STRIVE TO PROVIDE AFFORDABLE PROGRAMS BOTH AS PARTICIPANTS AND PATRONS IN OUR COMMUNITY. MOST IMPORTANTLY, WE PROVIDE A SUPPORTIVE ENVIRONMENT WHERE EVERYONE IS WELCOME AND EACH PERSONS PART IS WHAT MAKES THE PRODUCTION A SUCCESS. WE ARE COMMITTED TO EQUITY, DIVERSITY, INCLUSIVITY, AND ACCESSIBILITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terrell Beaudry President | 23 | $0 | |
Jamie Reznicek Treasurer | 22 | $0 | |
Ellen Beaudry Secretary | 11 | $0 | |
Matt Weber Director | 1 | $0 | |
Debra Bishop Vice President | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,143 |
| Total Program Service Revenue | $69,706 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,849 |
| Statement of Expenses | |
|---|---|
| Total expenses | $105,261 |
| Balance Sheet | |
|---|---|
| Total assets | $46,974 |
| Total liabilities | $4,909 |
| Net assets or fund balances | $42,065 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Soar Regional Arts has recieved totaling $28,134.
| Awarding Organization | Amount |
|---|---|
Central Minnesota Arts Board Foley, MN PURPOSE: PROJECT GRANT, COMMUNITY ARTS SUPPORT GRANT & ORGANIZATIONAL DEVELOPMENT GRANT | $28,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $134 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Guthrie Theatre Foundation Minneapolis, MN | $150,141,249 | $18,685,485 |
Milwaukee Repertory Theater Inc Milwaukee, WI | $57,957,999 | $35,719,750 |
Childrens Theater Company And School Minneapolis, MN | $29,046,375 | $9,573,718 |
American Players Theatre Of Wisconsin Inc Spring Green, WI | $23,897,771 | $10,669,807 |
Hennepin Theatre Tr Minneapolis, MN | $22,588,604 | $4,825,873 |
Pabst Theater Foundation Inc Milwaukee, WI | $14,353,453 | $8,621,639 |
First Stage Milwaukee Inc Performing Arts Center Milwaukee, WI | $6,621,805 | $4,479,947 |
Duluth Playhouse Inc Duluth, MN | $18,649,161 | $3,003,530 |
Stages Theatre Company Inc Hopkins, MN | $3,890,708 | $3,759,025 |
Playwrights Center Inc Minneapolis, MN | $3,908,050 | $3,263,756 |
Childrens Theater Of Madison Inc Madison, WI | $744,521 | $1,901,804 |
Englert Civic Theatre Inc Non Profit Iowa City, IA | $7,526,488 | $2,477,327 |