Nonprofit screen
Screen a listLanesboro Arts Center
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$472krevenue
FY2024 · −2% in 3 yrs10staff
6 of 6years filed
’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin6.2%
Months of reserve10.7mo
Revenue growth (annualized)+6.7%
Middle half of peersMedianLanesboro Arts Center
Where the money goes FY2024 · $442k spent
Programs$341k77%Management and general$71k16%Fundraising$29k7%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$83k in FY2022 and −$108k in FY2023. Cash covers 10.7 months, above the peer median of 5.4.
990 Part I and balance sheetIn its favor1
A history of government grants
Government grants on 6 of its 6 returns, 20% of revenue in FY2024.
990 Part VIII10funders
$54ka year, last 3 years
84%from its largest funder
Funder’17’18’19’20’21’22’23The McKnight FoundationSince FY2019$45k$45k$45k$45k$46kSoutheastern Minnesota Arts Council IncOn and off$10k$10k$6k$10k$10kThe Bush FoundationOn and off$25kHamilton Family Foundation IncOn and off$2kIbm International FoundationOn and off$560Donor-advised giftsDonors not disclosed$500k$5$5$5$16
FundedThrough a donor-advised fund