Friends Of The Hopkins Center For The Arts Inc
- Assets
- $157.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hopkins, MN
- Founding
- 04/1995
- Data as of
- 12/2023
- EIN
- 41-1778283
Organization Overview
Friends Of The Hopkins Center For The Arts Inc is located in Hopkins, MN. The organization was established in 1995. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Hopkins Center For The Arts 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 12/2023, Friends Of The Hopkins Center For The Arts Inc generated $116.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $113.7k during the year ending 12/2023. While expenses have increased by 16.5% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO HELP BUILD COMMUNITY THROUGH THE ARTS BY PROMOTING HOPKINS CENTER FOR THE ARTS AS A FOCAL POINT FOR COMMUNITY ACTIVITY, PRIDE, AND INVOLVEMENT BY PEOPLE OF ALL AGES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Anderson Staff Of Supported Org | 2 | $0 | |
John Bergstrand Secretary | 1.5 | $0 | |
Susan Fink Director | 1 | $0 | |
Samantha Ly Director | 1 | $0 | |
Prerna Verma Director | 1 | $0 | |
Dan Volenec Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,475 |
| Total Program Service Revenue | $19,666 |
| Membership dues | $30,970 |
| Investment income | $80 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,191 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,775 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,688 |
| Other expenses | $28,255 |
| Total expenses | $113,718 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $156,961 |
| Other assets | $0 |
| Total assets | $156,961 |
| Total liabilities | $0 |
| Net assets or fund balances | $156,961 |