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Minnesota · Nonprofit

REGION 2 ARTS COUNCIL

REGION 2 ARTS COUNCIL (Minnesota) receives grants from 2 organizations whose IRS filings report $367,772 to it, the largest being The McKnight Foundation ($360,000). 1 of them have funded it in more than one year.

$758k
Revenue FY2025
2
Funders on record
$368k
Grants received
$144k
Net assets
1/2 repeat funderspeak grant-dependency 14%

Against its field

REGION 2 ARTS COUNCIL's revenue grew 39% between 2017 and 2025.

Operating margin1% · 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· 10,664 arts & culture nonprofits $100k–$1M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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 ($546k) Expenses 100 ($477k) Net assets 100 ($82k)2018 Revenue 72 ($392k) Expenses 95 ($455k) Net assets 23 ($19k)2019 Revenue 94 ($515k) Expenses 102 ($488k) Net assets 57 ($46k)2020 Revenue 104 ($570k) Expenses 102 ($488k) Net assets 157 ($128k)2021 Revenue 90 ($489k) Expenses 99 ($472k) Net assets 179 ($146k)2023 Revenue 88 ($479k) Expenses 120 ($572k) Net assets 78 ($64k)2024 Revenue 128 ($699k) Expenses 137 ($653k) Net assets 170 ($139k)2025 Revenue 139 ($758k) Expenses 158 ($752k) Net assets 177 ($144k)
'17'18'19'20'21'23'24'25
Revenue (139)Expenses (158)Net assets (177)Peer revenue range

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
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 77% · 2018 98% · 2019 85% · 2020 78% · 2021 92% · 2023 99% · 2024 91% · 2025 90%. Grants only. Government contracts and fees sit inside program revenue.

98% of REGION 2 ARTS COUNCIL’s revenue is contributions — more reliant on donations than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,459 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$69k
17
$63k
18
$28k
19
$82k
20
$18k
21
$93k
23
$46k
24
$6k
25
3.0
months of
reserve
02Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income held at $60k.

Funder
'19
'20
'21
'22
'23
'24*
total
funders
1
1
2
1
1
1

From the IRS filings of REGION 2 ARTS COUNCIL’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

REGION 2 ARTS COUNCIL leans on a few funders — its largest provides 98% 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

98%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 89% · 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

100% of REGION 2 ARTS COUNCIL's grant income comes from Minnesota funders.

MN

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

19
20
21
22
23
Minnesota out of state home

Funder states come from each funder’s own filing. 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 2 funders put you typical among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like REGION 2 ARTS COUNCIL

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

In Minnesota

Nationally

04Profile & governance

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

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

10
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited 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 REGION 2 ARTS COUNCIL: 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds REGION 2 ARTS COUNCIL?
REGION 2 ARTS COUNCIL (Minnesota) receives grants from 2 organizations whose IRS filings report $367,772 to it, the largest being The McKnight Foundation ($360,000). 1 of them have funded it in more than one year.
How many funders does REGION 2 ARTS COUNCIL have?
IRS filings report 2 organizations giving $367,772 in grants to REGION 2 ARTS COUNCIL, 1 of which have funded it in more than one year.
Who is the largest funder of REGION 2 ARTS COUNCIL?
The McKnight Foundation is the largest funder on record, with $360,000 in grants. The full list of funders is on this page.
How can an organization like REGION 2 ARTS COUNCIL 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.

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 2funders 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 August 27, 2026. What this page cannot tell you · view filing