Medalist Fine Arts Association
- Assets
- $41.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, MN
- Founding
- 12/1982
- EIN
- 52-1226970
Organization Overview
Medalist Fine Arts Association is located in Bloomington, MN. The organization was established in 1982. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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. Medalist Fine Arts Association 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, Medalist Fine Arts Association generated $57.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $51.8k during the year ending undefined. You can explore the organizations financials more deeply in the financial statements section below.
Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.Limited Data Available: This organization is one of the few in our database that filed their most recent 990 with the IRS in paper format. This filing methodology limits the information that can be extracted from the filing. This will, however, be changing soon; The IRS now requires all organizations to file their 990s electronically.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,881 |
| Total Program Service Revenue | $21,397 |
| Membership dues | $9,705 |
| Investment income | $2,268 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,251 |
| Statement of Expenses | |
|---|---|
| Total expenses | $51,845 |
| Balance Sheet | |
|---|---|
| Total assets | $41,923 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,923 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Medalist Fine Arts Association has recieved totaling $7,650.
| Awarding Organization | Amount |
|---|---|
Bloomington Community Foundation Bloomington, MN | | $7,650 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Humanities Center St Paul, MN | $15,490,899 | $2,258,980 |
Metropolitan Regional Arts Council St Paul, MN | $2,676,962 | $5,717,209 |
Performing Arts Foundation Inc Wausau, WI | $2,793,768 | $2,598,770 |
Pottawattamie Arts Culture & Entertainment Council Bluffs, IA | $21,175,917 | $2,201,183 |
Reif Arts Council Grand Rapids, MN | $641,981 | $1,377,956 |
Central Minnesota Arts Board Foley, MN | $714,262 | $1,088,614 |
North Dakota Humanities Council Bismarck, ND | $606,082 | $1,234,062 |
Southwest Minnesota Arts Council Marshall, MN | $626,781 | $1,000,524 |
Milwaukee Artist Resource Network Milwaukee, WI | $3,119,888 | $110,621 |
Lake Region Arts Council Inc Fergus Falls, MN | $216,379 | $880,468 |
The Arrowhead Regional Arts Council Duluth, MN | $446,160 | $773,386 |
Five Wings Arts Council Staples, MN | $220,066 | $685,150 |