A Center For The Arts Foundation Inc
- Assets
- $469.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fergus Falls, MN
- Founding
- 10/2016
- Data as of
- 12/2021
- EIN
- 81-4132613
Organization Overview
A Center For The Arts Foundation Inc is located in Fergus Falls, MN. The organization was established in 2016. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. A Center For The Arts Foundation Inc 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, A Center For The Arts Foundation Inc generated $57.1k in total revenue.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
A CENTER FOR THE ARTS FOUNDATION HAS AGREED TO GRANT TO FERGUS FALLS CENTER FOR THE ARTS, IF REQUESTED BY THE CENTER FOR THE ARTS, 5% OF THE PREVIOUS DECEMBER 31ST ASSETS OF THE FOUNDATION. THE FOUNDATION WOULD ALSO CONSIDER GRANT REQUESTS FROM THE CENTER FOR UNEXPECTED CAPITAL OR REPAIR PROJECTS IN THE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Wagnild President | 0.5 | $0 | |
Deborah Ferguson Vice President | 0.5 | $0 | |
Kurt Nygaard Vice President | 0.5 | $0 | |
Stephen F Rufer Secretary | 0.5 | $0 | |
Wally Warhol Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,701 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,426 |
| Gain or Loss | $36,936 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,063 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $425 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25 |
| Total expenses | $30,152 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $469,127 |
| Other assets | $0 |
| Total assets | $469,127 |
| Total liabilities | $0 |
| Net assets or fund balances | $469,127 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that A Center For The Arts Foundation Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Roger L & Agnes C Dell Charitable Trust 1 Fargo, ND PURPOSE: GENERAL OPERATING | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Performing Arts Fund Inc Milwaukee, WI | $14,391,026 | $9,375,574 |
Arts Midwest Minneapolis, MN | $13,049,827 | $7,597,060 |
Bravo Greater Des Moines Inc Des Moines, IA | $3,545,703 | $5,885,208 |
Arts Partnership Saint Paul, MN | $39,537,439 | $5,290,504 |
Ros Foundation Greenfield, WI | $30,196,896 | $3,469,836 |
4 Cornerstones Foundation Edina, MN | $53,350,133 | $54,622,494 |
Milwaukee Youth Arts Center Foundation Inc Milwaukee, WI | $10,317,722 | $10,905,403 |
Copernicus Cultural Foundation Of Stevens Point Wisconsin Inc Mosinee, WI | $845,687 | $1,133,742 |
American Friends Of The Prado Museum Minneapolis, MN | $9,205,825 | $155,021 |
Randy And Nancy Trachte Family Foundation Inc Middleton, WI | $1,703,536 | $192,699 |
Harlan Boss Foundation For The Arts Minneapolis, MN | $2,950,216 | $594,683 |
Milwaukee Arts Partners Corporation Milwaukee, WI | $126,207 | $252,200 |