Northwest Minnesota Arts Council
EIN: 800404694 · Warren, MN · NTEE: A26
| Metric | Value |
|---|---|
| Total Revenue | $838K |
| Total Expenses | $587K |
| Net Assets | $31K |
Is Northwest Minnesota Arts Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northwest Minnesota Arts Council
Northwest Minnesota Arts Council (EIN: 800404694) is a nonprofit organization based in Warren, MN, classified under NTEE code A26. The organization reported total revenue of $838K and total assets of $209K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northwest Minnesota Arts Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northwest Minnesota Arts Council is a small nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $588K |
| Total Expenses | $587K |
| Surplus / Deficit | +$706 |
| Total Assets | $131K |
| Total Liabilities | $100K |
| Net Assets | $31K |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 76.1% |
| Months of Reserves | 2.7 months |
Financial Health Grade: B
In 2023, Northwest Minnesota Arts Council reported a surplus of $706 with revenue exceeding expenses, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 76.1% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Northwest Minnesota Arts Council's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.8% | +3.6% | -5.2% |
| 2022 | +10.7% | +7.0% | -54.8% |
| 2021 | +6.3% | +8.2% | +132.8% |
| 2020 | -4.8% | -4.6% | +95.9% |
| 2019 | +0.5% | +0.6% | +28.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northwest Minnesota Arts Council has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Northwest Minnesota Arts Council with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $706, with revenue exceeding expenses.
- Debt-to-asset ratio: 76.1%.
Frequently Asked Questions about Northwest Minnesota Arts Council
Is Northwest Minnesota Arts Council a legitimate charity?
Northwest Minnesota Arts Council (EIN: 800404694) is a registered tax-exempt nonprofit based in Minnesota. It has 12 years of IRS 990 filings on record. Total revenue: $838K. No red flags identified. Financial health grade: B.
How does Northwest Minnesota Arts Council spend its money?
Northwest Minnesota Arts Council reported $838K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Northwest Minnesota Arts Council tax-deductible?
Northwest Minnesota Arts Council is registered as a tax-exempt nonprofit (EIN: 800404694). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northwest Minnesota Arts Council located?
Northwest Minnesota Arts Council is headquartered in Warren, Minnesota and files with the IRS under EIN 800404694. It is classified under NTEE code A26.
How many years of IRS 990 filings does Northwest Minnesota Arts Council have?
Northwest Minnesota Arts Council has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $838K in total revenue.
Filing History
IRS 990 filing history for Northwest Minnesota Arts Council showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Northwest Minnesota Arts Council's revenue has grown by 40.4%, moving from $419K to $588K. Total assets increased by 92.5% over the same period, from $68K to $131K. Total functional expenses rose by 40.9%, from $417K to $587K. In its most recent filing year (2023), Northwest Minnesota Arts Council reported a surplus of $706, with revenue exceeding expenses. The organization holds $100K in liabilities against $131K in assets (debt-to-asset ratio: 76.1%), resulting in net assets of $31K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $588K | $587K | $131K | $100K | — | View 990 |
| 2022 | $578K | $567K | $138K | $108K | — | View 990 |
| 2021 | $522K | $530K | $306K | $286K | — | View 990 |
| 2020 | $491K | $490K | $132K | $103K | — | View 990 |
| 2019 | $515K | $514K | $67K | $40K | — | View 990 |
| 2018 | $513K | $511K | $52K | $27K | — | — |
| 2017 | $480K | $479K | $89K | $66K | — | View 990 |
| 2016 | $478K | $474K | $48K | $27K | — | View 990 |
| 2015 | $500K | $498K | $103K | $86K | — | View 990 |
| 2014 | $459K | $454K | $72K | $57K | — | View 990 |
| 2013 | $445K | $437K | $100K | $91K | — | View 990 |
| 2012 | $419K | $417K | $68K | $66K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $588K, expenses of $587K, and assets of $131K (revenue +1.8% year-over-year).
- 2022: Revenue of $578K, expenses of $567K, and assets of $138K (revenue +10.7% year-over-year).
- 2021: Revenue of $522K, expenses of $530K, and assets of $306K (revenue +6.3% year-over-year).
- 2020: Revenue of $491K, expenses of $490K, and assets of $132K (revenue -4.8% year-over-year).
- 2019: Revenue of $515K, expenses of $514K, and assets of $67K (revenue +0.5% year-over-year).
- 2018: Revenue of $513K, expenses of $511K, and assets of $52K (revenue +6.8% year-over-year).
- 2017: Revenue of $480K, expenses of $479K, and assets of $89K (revenue +0.5% year-over-year).
- 2016: Revenue of $478K, expenses of $474K, and assets of $48K (revenue -4.4% year-over-year).
- 2015: Revenue of $500K, expenses of $498K, and assets of $103K (revenue +8.8% year-over-year).
- 2014: Revenue of $459K, expenses of $454K, and assets of $72K (revenue +3.3% year-over-year).
- 2013: Revenue of $445K, expenses of $437K, and assets of $100K (revenue +6.2% year-over-year).
- 2012: Revenue of $419K, expenses of $417K, and assets of $68K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northwest Minnesota Arts Council:
Data Sources and Methodology
This transparency report for Northwest Minnesota Arts Council is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.