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Minnesota · Nonprofit

ART OF THE LAKES ASSOCIATION INC

ART OF THE LAKES ASSOCIATION INC (Minnesota) receives grants from 4 organizations whose IRS filings report $193,919 to it, the largest being C K BLANDIN FOUNDATION ($100,000). 2 of them have funded it in more than one year.

Revenue FY2024
$224k
Funders on record
4
Grants received
$194k
Net assets
$223k
2/4 repeat funderspeak grant-dependency 87%
01What it does

What Art of the Lakes Association Inc does

Mission

Art of the lakes promotes and encourages interest in the arts in the area through exhibitions and art related educational activities for people of all ages.

As stated on its FY2024 Form 990.

Programs

  1. Promoted and encouraged interest in art by sponsoring art education workshops and other art participation events

    $56,204 spentof which $50 as grants$28,055 earned by the program
    36% of program spending
  2. Promoted and encouraged interest in art by sponsoring tours of local artist's studios and provided an opportunity to purchase art.

    $4,594 spent$9,425 earned by the program
    3% of program spending
  3. Promoted and encouraged interest in art by operating an art gallery displaying work of local artists and offering it for sale.

    $95,648 spent$68,359 earned by the program
    61% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $156,446.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($48k) Expenses 100 ($54k) Net assets 100 ($150k)2018 Revenue 106 ($51k) Expenses 109 ($59k) Net assets 95 ($142k)2019 Revenue 113 ($55k) Expenses 108 ($58k) Net assets 92 ($138k)2020 Revenue 88 ($42k) Expenses 60 ($32k) Net assets 99 ($148k)2021 Revenue 330 ($160k) Expenses 247 ($133k) Net assets 117 ($174k)2022 Revenue 280 ($136k) Expenses 240 ($129k) Net assets 121 ($180k)2023 Revenue 506 ($245k) Expenses 321 ($173k) Net assets 169 ($252k)2024 Revenue 462 ($224k) Expenses 469 ($253k) Net assets 149 ($223k)
'17'18'19'20'21'22'23'24
Revenue (462)Expenses (469)Net assets (149)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $182k to $263k (+45%).

$151k
$146k
$142k
$152k
$180k
$182k
$263k
$228k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

45% of ART OF THE LAKES ASSOCIATION INC’s revenue is contributions — about as donation-reliant as the typical peer (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$6k
’17
−$8k
’18
−$4k
’19
$10k
’20
$26k
’21
$6k
’22
$72k
’23
−$29k
’24
7.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Kristi Kuder

Chair person

As listed on its FY2025 Form 990.

20232024
Listed67
Joined·+2
No longer listed·1
03Who funds it

Who funds it, year by year

2021 → 2023: the base held at 1 funder, grant income rose $29 → $16k.

Funder
'21
'22
'23
'24*
'25*
total
$67k
funders
1
2
1
2
2

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ART OF THE LAKES ASSOCIATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ART OF THE LAKES ASSOCIATION INC leans on a few funders — its largest provides 52% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

48% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ART OF THE LAKES ASSOCIATION INC.

52%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2021 100% · 2022 85% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of ART OF THE LAKES ASSOCIATION INC's grant income comes from Minnesota funders.

MN

In-state vs out-of-state, by year

’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $27k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ART OF THE LAKES ASSOCIATION INC has grown faster than three-quarters of the 17,936 arts & culture nonprofits its size.

Operating margin−13% · bottom quartile
Months of reserve7.2mo · above the median
Revenue growth (annualized)24% · top quartile

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Organizations like ART OF THE LAKES ASSOCIATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

81% of spending goes to programs.

Program 81%Management 11%Fundraising 8%

Governance

7
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for ART OF THE LAKES ASSOCIATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ART OF THE LAKES ASSOCIATION INC?
ART OF THE LAKES ASSOCIATION INC (Minnesota) receives grants from 4 organizations whose IRS filings report $193,919 to it, the largest being C K BLANDIN FOUNDATION ($100,000). 2 of them have funded it in more than one year.
How many funders does ART OF THE LAKES ASSOCIATION INC have?
IRS filings report 4 organizations giving $193,919 in grants to ART OF THE LAKES ASSOCIATION INC, 2 of which have funded it in more than one year.
Who is the largest funder of ART OF THE LAKES ASSOCIATION INC?
C K BLANDIN FOUNDATION is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
How can an organization like ART OF THE LAKES ASSOCIATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Art of the Lakes Association →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing