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Minnesota · Nonprofit

ARTS NEST

ARTS NEST (Minnesota) receives grants from 5 organizations whose IRS filings report $52,426 to it, the largest being VSA MINNESOTA ($27,500). 2 of them have funded it in more than one year.

Revenue FY2025
$209k
Funders on record
5
Grants received
$52k
Net assets
$215k
2/5 repeat funderspeak grant-dependency 11%
01What it does

What Arts Nest does

Mission

Arts Nest exists to nurture and support emerging artists and arts professionals through creating access and opportunities for learning, connections, and visibility.

As stated on its FY2025 Form 990.

Programs

  1. The phoenix hosts approximately 40 productions annually, produced by emerging groups and individuals looking to hone professional skills, experiment with their craft, and support the minneapolis community. We provide extra support to bipoc producers emerging in the field. Production space is provided along with all services needed for a successful production if desired, such as technical training, ticketing support, concessions, access to equipment, and marketing assistance. By doing this, Arts Nest supports and develops local theater and arts productions from both a financial and technical standpoint.

    $121,636 spent
    69% of program spending
  2. Hatch is a low-cost education program for local artists and performers looking to improve performance skills. It also assists educators in the space with establishing and refining their skills. Hatch served approximately 200 artists in the 2024-25 season. This bolstered participants' confidence, provided networking opportunities with other collaborators, and increased their visibility in the minneapolis arts community.

    $24,677 spent
    14% of program spending
  3. Arts Nest produces compelling works that give local talent the opportunity to tell their stories. By taking on the burden of production costs, Arts Nest amplifies these emerging voices. The 2024-25 season saw two major productions involving 40 local artists, with about 1,500 locals attending the shows in person. Performances were also live-streamed to give additional reach to the creators' visions.

    $27,670 spent
    16% of program spending
  4. The fledgling program provides emerging artists or companies looking to develop their skills in producing their own work through practical application. Arts' nexxt provides low- to no- cost space for rehearsals and performances, box office management, and introductions to technical designers and production staff.

    $1,803 spent
    1% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $175,786.

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 ($151k) Expenses 100 ($147k) Net assets 100 ($211k)2018 Revenue 122 ($184k) Expenses 120 ($176k) Net assets 104 ($220k)2019 Revenue 141 ($213k) Expenses 150 ($221k) Net assets 101 ($212k)2022 Revenue 71 ($108k) Expenses 99 ($146k) Net assets 132 ($280k)2023 Revenue 103 ($156k) Expenses 107 ($157k) Net assets 151 ($318k)2024 Revenue 104 ($157k) Expenses 126 ($185k) Net assets 137 ($289k)2025 Revenue 138 ($209k) Expenses 146 ($214k) Net assets 102 ($215k)
2017201820192022202320242025
Revenue (138)Expenses (146)Net assets (102)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 2024 to 2025, from $289k to $215k (−26%).

$211k
$220k
$212k
$280k
$318k
$289k
$215k
2017201820192022202320242025
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
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2025 12%. Grants only. Government contracts and fees sit inside program revenue.

38% of ARTS NEST’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. 5 of the last 7 reported years ran a deficit.

$4k
’17
$9k
’18
−$8k
’19
−$39k
’22
−$428
’23
−$28k
’24
−$5k
’25
3.0
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

Eric Cohen

Board chair

As listed on its FY2025 Form 990.

20192025
Listed66
Joined··
No longer listed··
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $13k → $16.

Funder
'17
'18
'20
'21
'22
'23
'25*
total
Vsa Minnesotaunclassified
$28k
funders
1
2
1
1
2
1
1

1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% 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 ARTS NEST’s funders (the co-funder graph). Top 4 of 5 funders by total. 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

ARTS NEST 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

100% 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 ARTS NEST.

52%
largest funder
100%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2020 100% · 2021 100% · 2022 100% · 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

78% of ARTS NEST's grant income comes from Minnesota funders.

MN
FL

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

’17
’18
’22
Minnesota out of state home

Funder states come from each funder’s own filing. $52 arriving through sponsors registered in 1 state 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

ARTS NEST's revenue grew 38% between 2017 and 2025.

Operating margin−2% · below the median
Months of reserve3.0mo · below the median
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Organizations like ARTS NEST

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

82% of spending goes to programs.

Program 82%Management 16%Fundraising 2%

Governance

6
board members
67%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

95%

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 ARTS NEST: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 ARTS NEST?
ARTS NEST (Minnesota) receives grants from 5 organizations whose IRS filings report $52,426 to it, the largest being VSA MINNESOTA ($27,500). 2 of them have funded it in more than one year.
How many funders does ARTS NEST have?
IRS filings report 5 organizations giving $52,426 in grants to ARTS NEST, 2 of which have funded it in more than one year.
Who is the largest funder of ARTS NEST?
VSA MINNESOTA is the largest funder on record, with $27,500 in grants. The full list of funders is on this page.
How can an organization like ARTS NEST 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 Arts Nest →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 5 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