Rethos

Organization Overview

Rethos is located in Saint Paul, MN. The organization was established in 1982. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2020, Rethos employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rethos 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 12/2020, Rethos generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $1.1m during the year ending 12/2020. While expenses have increased by 10.3% per year over the past 6 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO LEAD AND INSPIRE PEOPLE TO CONNECT WITH HISTORIC PLACES, PROMOTING COMMUNITY VITALITY

Describe the Organization's Program Activity:

PRESERVATION ALLIANCE OF MN DBA RETHOS PROMOTES THE USE OF MAIN STREET APPROACH AS A TOOL FOR DOWNTOWN REVITALIZATION, BUILDING REUSE, NEW BUSINESS DEVELOPMENT AND ENTREPRENEURIAL SUPPORT, AND COMMUNITY VIBRANCY. CURRENTLY THERE ARE 11 DESIGNATED MAIN STREET COMMUNITIES AND 8 NETWORK COMMUNITIES. IN ADDITION TO MAIN STREET, RETHOS RURAL PROGRAMS SUPPORTS THE ARTISTS ON MAIN STREET PROGRAM, 3 COHORTS OF 11 COMMUNITIES OVER FOUR YEARS TO FOSTER ALTERNATIVE ECONOMIC DEVELOPMENT AND ARTISTIC APPROACHES IN DOWNTOWNS, AS WELL AS COMMUNITY ENGAGEMENT DIRECT SUPPORT TO COMMUNITIES THROUGH DOWNTOWN ASSESSMENTS FOR DISTRICT TRANSFORMATION.


IN 2020, THE EDUCATION PROGRAM REACHED 1,237 STUDENTS FROM 63 UNIQUE COUNTIES. PEOPLE LEARNED HOW TO RESTORE WOOD WINDOWS, REPAIR PLASTER, DRAFT A MAINTENANCE PLAN, AND FIND RESOURCES FOR REHABBING OLD HOMES, AMONG OTHER TOPICS. ADDITIONALLY, REALTORS WERE EDUCATED THROUGH OLD HOME CERTIFIED, A REALTOR CERTIFICATION COURSE. RETHOS ADDED 23 NEW REAL ESTATE AGENTS TO THE OLD HOME CERTIFIED PROGRAM, BRINGING OUR TOTAL TO 89 AGENTS WITH AN ACTIVE CERTIFICATION.


WE PARTNERED ON 6 NEW REAL ESTATE PROJECTS IN MINNESOTA, WISCONSIN, IOWA, AND TEXAS. WE'VE HELPED INSTALL ARTWORK IN COMMON AREAS, INTERPRET HISTORICAL INFORMATION FOR THE PUBLIC, AND INVESTED IN THE DEVELOPMENT OF THE BUILDINGS BY LEVERAGING THE STATE HISTORIC TAX CREDITS. WE CONTRIBUTE TO THE PRESERVATION OF HISTORIC STRUCTURES BY HOLDING VARIOUS CONSERVATION EASEMENTS.


PUBLIC POLICY: RETHOS IS COMMITTED TO PROTECTING THE HISTORIC TAX CREDIT AT THE STATE AND FEDERAL LEVEL. RETHOS WORKS CLOSELY WITH LEGISLATORS, HERITAGE COMMISSION GROUPS, AND LOCAL ADVOCATES AS THE COALITION REVITALIZEMN TO KEEP THIS PROGRAM AS ONE OF THE KEY RESOURCES FOR PROTECTING AND REHABILITATING HISTORIC


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Board, Officers & Key Employees

Name (title)Compensation
Todd Wright
Executive Director
$81,970
Doug Gasek
Executive Director
$54,000
Kristen Anderson
Vice President
$0
Ryan Sailer
Vice President
$0
Steve Knight
President
$0
Jane Bisel
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$532,356
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$532,356
Total Program Service Revenue$1,283,671
Investment income $14,518
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,629
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $375
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,832,549

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Rethos has recieved totaling $252,500.

Awarding OrganizationAmount
Bush Foundation

St Paul, MN

PURPOSE: SUPPORT THE CONTINUED DEVELOPMENT OF THE "ARTISTS ON MAIN STREET" PROGRAM

$200,000
Minnesota Historical Society

Saint Paul, MN

PURPOSE: Partnership grants for Otter Tail County asset mapping

$37,500
Otto Bremer Trust

St Paul, MN

PURPOSE: RURAL PROGRAM

$15,000
View Grant Recipient Profile

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