Northwest Minnesota Arts Council

Analysis

Northwest Minnesota Arts Council is a registered charity in United States, based in Warren, MN. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northwest Minnesota Arts Council reported income of $588k and spending of $587k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $491k to $588k (+20%), an average of +6.2% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northwest Minnesota Arts Council sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Holistic Underground Inc ($588k), Community Arts Partnership of Tompkins County Inc ($588k) and Doxology Inc ($588k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $132k (22% of expenses). At year end it held assets of $131k against liabilities of $100k, net assets of $31k. It reported 2 employees.