Metropolitan Regional Arts Council
- Assets
- $730.0k
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 10
- Location
- St Paul, MN
- Founding
- 12/1994
- Data as of
- 06/2024
- EIN
- 41-1684647
Organization Overview
Metropolitan Regional Arts Council is located in St Paul, MN. The organization was established in 1994. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2024, Metropolitan Regional Arts Council employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metropolitan Regional Arts Council 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 06/2024, Metropolitan Regional Arts Council generated $6.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $5.9m during the year ending 06/2024. While expenses have increased by 3.8% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE METROPOLITAN REGIONAL ARTS COUNCIL IMPROVES ARTS ACCESS FOR COMMUNITIES IN THE SEVEN COUNTY METROPOLITAN AREA THROUGH SUPPORT TO ARTISTS AND ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FLEXIBLE SUPPORT OF THE 367 APPLICANTS TO THIS PROGRAM AWARD, 56.3% OR 191 AWARDS WERE GRANTED FOR A TOTAL OF $ 4,434,294 DOLLARS GIVEN OUT TO ORGANIZATIONS IN THE 7 COUNTY METRO AREA. MRAC AWARDS TO PRIORITY GROUPS OF PEOPLE WITH DISABILITIES, BIPOC AND LGBTQIA + COMMUNITIES. THE FS PROGRAM AWARDED 116 AWARDS TO THESE GROUPS FOR A TOTAL OF $ 2,681,423 ARTS IMPACT FOR INDIVIDUALS OF THE 218 APPLICANTS TO THIS PROGRAM AWARD, 42.4% OR 84 AWARDS WERE GRANTED FOR A TOTAL OF $ 415,635 DOLLARS GIVEN OUT TO INDIVIDUALS IN THE 7 COUNTY METRO AREA, ALL OF WHOM IDENTIFY AS PEOPLE WITH DISABILITIES AND / OR BIPOC AND / OR LGBTQIA +. NEXT STEP 36 AWARDS WERE GRANTED FOR A TOTAL OF $ 180,000 DOLLARS GIVEN OUT TO INDIVIDUALS IN THE 7 COUNTY METRO AREA. 24 OF THE AWARDS GRANTED FOR A TOTAL OF $120,00 IDENTIFY AS PEOPLE WITH DISABILITIES AND / OR BIPOC AND / OR LGBTQIA +.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alejandra Pelinka Director | Trustee | 1 | $0 |
Lauren White Director | Trustee | 1 | $0 |
Ryan-Olivia Lundy Vice Chair | OfficerTrustee | 1 | $0 |
Ronald Salazar Chair | OfficerTrustee | 1 | $0 |
Ross Anderson Director | Trustee | 1 | $0 |
Kathy Mattson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,850,379 |
| All other contributions, gifts, grants, and similar amounts not included above | $200,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,050,379 |
| Total Program Service Revenue | $0 |
| Investment income | $73,109 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,139,737 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,597,994 |
| Grants and other assistance to domestic individuals. | $410,635 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $154,711 |
| Compensation of current officers, directors, key employees. | $29,811 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $441,266 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $44,276 |
| Payroll taxes | $42,862 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,068 |
| Fees for services: Accounting | $21,608 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,983 |
| Advertising and promotion | $2,560 |
| Office expenses | $575 |
| Information technology | $9,556 |
| Royalties | $0 |
| Occupancy | $17,206 |
| Travel | $3,160 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,604 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,003 |
| All other expenses | $5,288 |
| Total functional expenses | $5,934,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,918 |
| Savings and temporary cash investments | $571,391 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,729 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $101,007 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $730,045 |
| Accounts payable and accrued expenses | $19,141 |
| Grants payable | $65,950 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $85,091 |
| Net assets without donor restrictions | $360,989 |
| Net assets with donor restrictions | $283,965 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $730,045 |