Madison Art Gallery
- Assets
- $14.1k
- Revenue
- $14.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, MN
- Founding
- Data as of
- 12/2021
- EIN
- 86-2300115
Organization Overview
Madison Art Gallery is located in Madison, MN. According to its NTEE Classification (A51) the organization is classified as: Art Museums, 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. Madison Art Gallery is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connor Peoples Member | 1 | $0 | |
Karie Sorknes Member | 1 | $0 | |
Dale Handeen Member | 1 | $0 | |
Doug Peterson Member | 1 | $0 | |
Luke Peterson Member | 1 | $0 | |
Cynthia Huse Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $357 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $357 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $357 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,000 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,143 |
| Other assets | $10,000 |
| Total assets | $14,143 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Madison Art Gallery has recieved totaling $9,500.
| Awarding Organization | Amount |
|---|---|
Southwest Minnesota Arts Council Marshall, MN PURPOSE: EQ/QS | $9,500 |
View Grant Recipient Profile
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edmundson Art Foundation Inc Des Moines, IA | $123,873,821 | $5,221,950 |
Madison Museum Of Contemporary Art Inc Madison, WI | $15,382,994 | $2,302,239 |
Minnesota Museum Of American Art Saint Paul, MN | $9,032,036 | $1,499,963 |
Plains Art Museum Fargo, ND | $10,649,612 | $3,114,280 |
Paine Art Center & Gardens Inc Oshkosh, WI | $23,894,891 | $2,871,435 |
Racine Art Museum Association Inc Racine, WI | $13,099,169 | $1,971,714 |
Cedar Rapids Museum Of Art Cedar Rapids, IA | $10,975,724 | $1,897,118 |
River Music Experience Davenport, IA | $3,858,577 | $1,649,242 |
Museum Of Russian Art Minneapolis, MN | $5,847,264 | $2,095,024 |
Bergstrom-Mahler Museum Inc Neenah, WI | $17,360,409 | $1,558,977 |
North Dakota Museum Of Art Grand Forks, ND | $7,446,530 | $2,052,250 |
Trout Museum Of Art Inc Appleton, WI | $2,773,073 | $944,933 |