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Minnesota · Nonprofit

SOUTHEASTERN MINNESOTA ARTS COUNCIL INC

SOUTHEASTERN MINNESOTA ARTS COUNCIL INC (Minnesota) receives grants from 2 organizations whose IRS filings report $558,231 to it, the largest being The McKnight Foundation ($540,000). 1 of them have funded it in more than one year.

Revenue FY2025
$1.5M
Funders on record
2
Grants received
$558k
Net assets
$132k
1/2 repeat funderspeak grant-dependency 14%
01What it does

What Southeastern Minnesota Arts Council Inc does

Mission

Semac exists to encourage, promote and assist regional arts development by providing leadership, outreach, advocacy, mentorship, grants, and services.

As stated on its FY2025 Form 990.

Programs

  1. Achf program - grants to constituents and its related operating expenses and technical services.

    $1,176,578 spentof which $875,990 as grants$1,184,384 earned by the program
    85% of program spending
  2. Msab general allocation - used for operating expenses, technical services and program grants to our constituents.

    $125,776 spentof which $5,965 as grants$191,991 earned by the program
    9% of program spending
  3. Mcknight foundation - offers individual artist grants to constituents.

    $90,000 spentof which $90,000 as grants$90,000 earned by the program
    6% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,392,354.

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 ($1.1M) Expenses 100 ($1.1M) Net assets 100 ($136k)2018 Revenue 90 ($1.0M) Expenses 92 ($1.0M) Net assets 92 ($125k)2019 Revenue 97 ($1.1M) Expenses 98 ($1.1M) Net assets 91 ($123k)2020 Revenue 93 ($1.0M) Expenses 95 ($1.1M) Net assets 86 ($116k)2021 Revenue 69 ($778k) Expenses 67 ($750k) Net assets 106 ($144k)2022 Revenue 131 ($1.5M) Expenses 133 ($1.5M) Net assets 94 ($128k)2023 Revenue 112 ($1.3M) Expenses 113 ($1.3M) Net assets 96 ($130k)2024 Revenue 140 ($1.6M) Expenses 141 ($1.6M) Net assets 99 ($135k)2025 Revenue 130 ($1.5M) Expenses 132 ($1.5M) Net assets 97 ($132k)
'17'18'19'20'21'22'23'24'25
Revenue (130)Expenses (132)Net assets (97)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 2020 to 2021, from $327k to $706k (+116%).

$176k
$145k
$165k
$327k
$706k
$551k
$382k
$543k
$517k
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 92% · 2018 91% · 2019 92% · 2020 91% · 2021 88% · 2022 94% · 2023 93% · 2024 94% · 2025 94%. Grants only. Government contracts and fees sit inside program revenue.

100% of SOUTHEASTERN MINNESOTA ARTS COUNCIL INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$9k
’17
−$10k
’18
−$2k
’19
−$7k
’20
$27k
’21
−$16k
’22
$2k
’23
$5k
’24
−$3k
’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.

Chief executive

Anastasia Shartin

Executive director

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24'25
Listed1417131411119910
Joined·+8+2+4+2+2+2+4+4
No longer listed·56352443
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income held at $90k.

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

From the IRS filings of SOUTHEASTERN MINNESOTA ARTS COUNCIL 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

SOUTHEASTERN MINNESOTA ARTS COUNCIL INC leans on a few funders — its largest provides 97% 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

97%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 83% · 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 SOUTHEASTERN MINNESOTA ARTS COUNCIL INC'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.

04Its place in the field

Against its field

SOUTHEASTERN MINNESOTA ARTS COUNCIL INC's revenue grew 30% between 2017 and 2025.

Operating margin−0% · below the median
Months of reserve3.0mo · below the median
Revenue growth (annualized)3% · below the median

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Organizations like SOUTHEASTERN MINNESOTA ARTS COUNCIL 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

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

9
board members
100%
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 SOUTHEASTERN MINNESOTA ARTS COUNCIL 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.

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 SOUTHEASTERN MINNESOTA ARTS COUNCIL INC?
SOUTHEASTERN MINNESOTA ARTS COUNCIL INC (Minnesota) receives grants from 2 organizations whose IRS filings report $558,231 to it, the largest being The McKnight Foundation ($540,000). 1 of them have funded it in more than one year.
How many funders does SOUTHEASTERN MINNESOTA ARTS COUNCIL INC have?
IRS filings report 2 organizations giving $558,231 in grants to SOUTHEASTERN MINNESOTA ARTS COUNCIL INC, 1 of which have funded it in more than one year.
Who is the largest funder of SOUTHEASTERN MINNESOTA ARTS COUNCIL INC?
The McKnight Foundation is the largest funder on record, with $540,000 in grants. The full list of funders is on this page.
How can an organization like SOUTHEASTERN MINNESOTA ARTS COUNCIL 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.

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 2 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