Arts Nest
- Assets
- $289.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 16
- Location
- Minneapolis, MN
- Founding
- 10/2015
- Data as of
- 06/2024
- EIN
- 47-1496714
Organization Overview
Arts Nest is located in Minneapolis, MN. The organization was established in 2015. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2024, Arts Nest employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts Nest 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 06/2024, Arts Nest generated $156.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $184.8k during the year ending 06/2024. While expenses have increased by 1.3% 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
2024
Describe the Organization's Program Activity:
Part 3
0
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Delventhal President | OfficerTrustee | 3 | $0 |
Samuel Graber Treasurer | OfficerTrustee | 3 | $0 |
Jenna Papke Treasurer | OfficerTrustee | 25 | $30,000 |
Eric Cohen Director | Trustee | 3 | $0 |
Alayna Barnes Director | Trustee | 3 | $0 |
Rachel Parker Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,552 |
| Total Program Service Revenue | $90,964 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $156,575 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,106 |
| Professional fees and other payments to independent contractors | $35,703 |
| Occupancy, rent, utilities, and maintenance | $74,611 |
| Printing, publications, postage, and shipping | $986 |
| Other expenses | $24,434 |
| Total expenses | $184,840 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,409 |
| Other assets | $0 |
| Total assets | $289,406 |
| Total liabilities | $0 |
| Net assets or fund balances | $289,406 |