Magpie Creative
- Assets
- $836.5k
- Revenue
- $316.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Rapid City, SD
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-4658072
Organization Overview
Magpie Creative is located in Rapid City, SD. The organization was established in 2019. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Magpie Creative employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magpie Creative 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, Magpie Creative generated $316.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 60.6% each year . All expenses for the organization totaled $173.8k during the year ending 12/2021. While expenses have increased by 55.2% per year over the past 2 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ELEVATE AND AMPLIFY NATIVE AND OTHER ARTISTS AND THEIR COMMUNITIES THROUGH EDUCATION, CULTURAL, AND RESEARCH PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ELEVATE AND AMPLIFY NATIVE AND OTHER ARTISTS AND THEIR COMMUNITIES THROUGH EDUCATION, CULTURAL, AND RESEARCH PROGRAMS.
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 |
|---|---|---|---|
Peter Strong Director | Trustee | 40 | $41,538 |
Wade Patton Vice Preside | OfficerTrustee | 1 | $0 |
Linda Anderson Secretary | OfficerTrustee | 1 | $0 |
Molina Parker President | OfficerTrustee | 1 | $0 |
Mary Bordeaux Creative Dir | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $278,954 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $293,854 |
| Total Program Service Revenue | $21,369 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $316,238 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,570 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,748 |
| Advertising and promotion | $0 |
| Office expenses | $5,581 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,844 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,935 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $173,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $396,995 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $439,512 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $836,507 |
| Accounts payable and accrued expenses | $1,540 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $381,908 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $260,167 |
| Total liabilities | $643,615 |
| Net assets without donor restrictions | $188,892 |
| Net assets with donor restrictions | $4,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $836,507 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Magpie Creative has recieved totaling $2,260,000.
| Awarding Organization | Amount |
|---|---|
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $2,245,000 |
Bush Foundation St Paul, MN PURPOSE: MODELED AFTER WINTER CAMPS, WHICH PROVIDED SOLUTIONS FOR LAKOTA COMMUNITIES - INCLUDING PREPARING FOR AND SURVIVING WINTER, AND CULTURE-BUILDING - THESE SESSIONS WILL HIGHLIGHT INTERACTIVE AND ENGAGING WAYS OF LEARNING AND COMMUNITY BUILDING, CENTERING YOUTH WHENEVER POSSIBLE. | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walker Art Center Inc Minneapolis, MN | $379,213,744 | $50,426,261 |
Cedars Youth Services Inc Lincoln, NE | $3,781,536 | $13,267,342 |
Washington Pavilion Management Inc Sioux Falls, SD | $7,664,278 | $8,315,223 |
Applied Information Management Institute Omaha, NE | $8,071,442 | $4,851,557 |
Success Institute Minneapolis, MN | $1,766,984 | $4,353,040 |
Brucemore Inc Cedar Rapids, IA | $18,035,244 | $1,902,736 |
Figge Art Museum Davenport, IA | $8,061,931 | $3,020,890 |
Zeitgeist Center For Arts And Community Duluth, MN | $16,526,029 | $2,402,669 |
Seward Redesign Inc Minneapolis, MN | $17,574,323 | $2,638,078 |
Bloomington Theatre And Art Center Dba Artistry Bloomington, MN | $570,526 | $1,529,131 |
North Iowa Cultural Center And Museum Clear Lake, IA | $2,980,482 | $2,832,043 |
White Bear Center For The Arts White Bear Lake, MN | $12,963,679 | $1,298,850 |