Minnetrista Cultural Foundation Inc

Organization Overview

Minnetrista Cultural Foundation Inc is located in Muncie, IN. The organization was established in 1987. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Minnetrista Cultural Foundation Inc employed 106 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnetrista Cultural 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, Minnetrista Cultural Foundation Inc generated $5.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $5.3m during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MINNETRISTA IS THE HOME OF THE BALL JAR; A GATHERING PLACE AND CATALYST FOR COMMUNITY ENGAGEMENT. WE CREATE SHARED EXPERIENCES THAT CONNECT PEOPLE, LEADING TO A BETTER QUALITY OF LIFE.

Describe the Organization's Program Activity:

ADDITIONALLY, MINNETRISTA OPENED THE SHORT-TERM ORIGINAL EXHIBITION, JARRING OUR MEMORIES, AND TWO LONG-TERM EXHIBITS, BOB ROSS EXPERIENCE AND OAKHURST EXPERIENCE, CONTINUED TO DELIGHT LOCAL, REGIONAL, AND TOURIST AUDIENCES. THE MINNETRISTA HERITAGE COLLECTION INCLUDES ARTIFACTS, ART, AND ARCHIVAL MATERIAL THAT DOCUMENT THE PEOPLE, PLACES, ORGANIZATIONS, EVENTS, AND BUSINESSES AND INDUSTRIES OF EAST CENTRAL INDIANA. A MAJOR COMPONENT OF THE COLLECTION IS BALL FAMILY MATERIAL AND BALL CORPORATION BUSINESS RECORDS. SEVERAL ACQUISITIONS RECEIVED IN 2021 ENHANCE THE EXISTING BALL BUSINESS COLLECTION AND INCLUDED BALL-MADE PRODUCTS SUCH AS FRUIT JARS, ACRYLIC PRODUCTS, AND OTHER CANNING RELATED PRODUCTS. OTHER BALL-RELATED ARTIFACTS INCLUDE NEWSLETTERS, ADVERTISING MATERIALS, POSTERS, AND OTHER ARCHIVAL ITEMS. THE MINNETRISTA HERITAGE COLLECTION, BOTH ON-SITE AND ON-LINE, IS ALSO A DESTINATION FOR RESEARCHERS. IN 2021, THERE WERE MORE THAN 181 REMOTE AND IN-PERSON RESEARCH REQUESTS AND APPOINTMENTS. BY THE END OF THE YEAR, THERE WERE MORE THAN 7,500 ARTIFACTS; 6,271 PHOTOGRAPHS; AND 2,452 ARCHIVAL RECORDS FROM THE MINNETRISTA HERITAGE COLLECTION ON-LINE. THOUSANDS OF ADDITIONAL RECORDS WERE AVAILABLE ONSITE TO RESEARCHERS THROUGH OUR COLLECTIONS MANAGEMENT SYSTEM. THERE WERE APPROXIMATELY 12,800 SEARCHES OF THE ON-LINE COLLECTION IN 2021.


AS THE HOME OF THE BALL JAR, MINNETRISTA CONTINUES TO SERVE AS A LEGACY SITE AND GATHERING PLACE FOR EAST CENTRAL INDIANA. VISITORS COME TO EXPLORE, RECHARGE, AND CONNECT. IN 2021, MORE THAN 64,000 VISITORS FOUND SOLACE ON OUR GROUNDS, THROUGH OUTDOOR EVENTS AND EXHIBITS ADAPTED FOR A YEAR OF SOCIAL DISTANCING AND MASK-WEARING. FAMILIES ATTENDED ADAPTED VERSIONS OUR SIGNATURE EVENTS LIKE FAERIES SPRITES & LIGHTS AND ENCHANTED LUMINARIA WALK. WE OPENED AN EXPANSION TO OUR 2020 BOB ROSS EXPERIENCE INCLUDING A PAINTING WORKSHOP AND GALLERY SPACE ON THE SECOND FLOOR OF THE LL BALL HOME. WE CONTINUED TO OFFER ONLINE OFFERINGS ALONGSIDE RETURNING IN PERSON EXPERIENCES TO ALLOW OUR COMMUNITY TO ATTEND PROGRAMS LIKE TEA AND TALK AND EXHIBIT OPENINGS ACCORDING TO THEIR COMFORT LEVEL.


MINNETRISTA IMPROVES THE QUALITY OF LIFE FOR EAST CENTRAL INDIANA BY OFFERING A BEAUTIFUL LOCATION IN THE MIDDLE OF MUNCIE. WITH A SIX-ACRE NATURE AREA, 23 ACRES OF THEMED AND HISTORIC GARDENS, AND A STRETCH OF THE WHITE RIVER GREENWAY, MINNETRISTA SERVES AS GREEN SPACE FOR THE COMMUNITY. THIS SPACE CONTINUED TO PROVIDE INVALUABLE RESPITE TO OUR COMMUNITY DURING 2021 AS THE VISITORS SOUGHT WAYS TO GET PHYSICAL AND FIND MENTAL RELIEF FROM LIFE STRESSES CAUSED BY BOTH PERSONAL AND NATIONAL FACTORS LIKE THE PANDEMIC, ECONOMICS, AND POLITICAL PRESSURES. WE PROVIDED ASSISTANCE TO COMMUNITY GROUPS UNABLE TO CONNECT IN PERSON WITH TECHNICAL ASSISTANCE TO MOVE THEIR PROGRAMS ON LINE ALLOWING US TO CONTINUE TO HOST MANY IMPORTANT COMMUNITY MEETINGS AND EVENTS.


OTHER PROGRAM SERVICES: THE BREAKDOWN OF THE REMAINING 873,892 IN PROGRAM EXPENSES IS AS FOLLOWS: 452,213 DEPRECIATION EXPENSE; 225,005 IT EXPENSE; 196,673 ADVERTISING.


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Board, Officers & Key Employees

Name (title)Compensation
Elizabeth A Brewer
Pres/ceo/tru
$168,169
Eric Lin
Treasurer
$39,916
Steve Smith
Chair
$0
Sara Shade Hamilton
Vice Chair
$0
Steve Moore
Vice Chair
$0
Jeannine Harrold
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sa Boyce
Construction
$332,189
Ekeeper Systems Incorporated
It Consulting
$128,849
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$36,240
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,405,699
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,441,939
Total Program Service Revenue$281,457
Investment income $106,315
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$77,683
Net Gain/Loss on Asset Sales $362,347
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$30,570
Miscellaneous Revenue$0
Total Revenue $5,083,805

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Minnetrista Cultural Foundation Inc has recieved totaling $18,246.

Awarding OrganizationAmount
The Society Of Saint Andrew Inc

Big Island, VA

PURPOSE: TO PROVIDE NOURISHMENT TO HUNGRY NEIGHBORS

$18,246
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,202,692
Earnings$906,342
Net Contributions$100,725
Other Expense$184,737
Ending Balance$6,025,022

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