Nonprofit · EIN 41-1381314
FARIBAULT ART CENTER INC
Tax-exempt · FARIBAULT, MN 55021
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $467,473 | $489,036 | -$21,563 | $1,492,106 | $264,858 | $1,227,248 |
| December 31, 2023 | 990 | $774,274 | $526,609 | $247,665 | $1,503,644 | $262,468 | $1,241,176 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $215,170
- of which government grants
- $98,830
- Membership dues
- $19,445
- Program service revenue
- $240,944
- Investment income
- $2,228
- Net rental income
- $1,600
- Net gain from sales of assets
- -$800
- Net income from fundraising events
- $7,531
- Other revenue
- $9,131
Expenses
- Grants and similar amounts paid
- $850
- Other salaries and wages
- $141,895
- Salaries, compensation and benefits (total)
- $162,961
- Professional fundraising fees
- $0
- Accounting fees
- $11,245
- Occupancy
- $43,989
- Travel
- $356
- Depreciation
- $64,025
- Program services (functional)
- $455,840
- Management and general (functional)
- $29,573
- Fundraising (functional)
- $3,623
Balance sheet and other
- Total assets, start of year
- $1,503,644
- Total assets, end of year
- $1,492,106
- Total liabilities, end of year
- $264,858
- Net assets, end of year
- $1,227,248
- Land, buildings and equipment
- $1,135,428
- Publicly traded securities
- $107,503
- Net assets without donor restrictions
- $929,830
- Net assets with donor restrictions
- $297,418
- Gross receipts
- $468,273
- Employees
- 7
- Volunteers
- 606
- Year formed
- 1965
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JULIE FAKLER | EXECUTIVE DI Officer | 40 | $61,040 |
| GARRET FITZGERALD | BOARD MEMBER Trustee or director | 1 | $0 |
| TODD GINTER | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| WANDA HOLMGREN | BOARD MEMBER Trustee or director | 1 | $0 |
| VICKI KANNE | BOARD MEMBER Trustee or director | 1 | $0 |
| MATTHEW LONG | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ROSEMARIE MARRACCINI | BOARD MEMBER Trustee or director | 1 | $0 |
| KANDICE NELSON | BOARD MEMBER Trustee or director | 1 | $0 |
| KELLY NYGAARD | BOARD MEMBER Trustee or director | 1 | $0 |
| TODD ROST | BOARD MEMBER Trustee or director | 1 | $0 |
| JESSICA SCHWIE | SECRETARY Trustee or director, Officer | 1 | $0 |
| CHERYL STIENBERG | TREASURER Trustee or director, Officer | 1 | $0 |
| ANDREA TURINI | BOARD MEMBER Trustee or director | 1 | $0 |
| PETER VANSLUIS | CITYAPPOINTE Trustee or director | 1 | $0 |
| SADIE WATTS | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JULIE FAKLER | EXECUTIVE DIRECTOR Trustee or director | 40 | $52,732 |
| CHERYL STEINBERG | TREASURER Trustee or director, Officer | 1 | $0 |
| MATTHEW LONG | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JESSICA SCHWIE | SECRETARY Trustee or director, Officer | 1 | $0 |
| TODD GINTER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| PETER VAN SLUIS | BOARD MEMBER, CITY COUNCIL Trustee or director | 1 | $0 |
| TODD ROST | BOARD MEMBER Trustee or director | 1 | $0 |
| VICKI KANNE | BOARD MEMBER Trustee or director | 1 | $0 |
| GARRETT FITZGERALD | BOARD MEMBER Trustee or director | 1 | $0 |
| ROSEMARIE MARRACCINI | BOARD MEMBER Trustee or director | 1 | $0 |
| KELLY NYGAARD | BOARD MEMBER Trustee or director | 1 | $0 |
| KANDICE NELSON | BOARD MEMBER Trustee or director | 1 | $0 |
| ANDREA TURINI | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 321 CENTRAL AVE N, FARIBAULT, MN 55021-5214
- Principal officer (990 for 2024)
- MATTHEW LONG, 1975 PRAIRIE LANE NE, OWATONNA, MN 55060
- Signed the 990
- JULIE FAKLER, EXECUTIVE DIRECTOR
- Phone
- (507) 332-7372
- Return prepared by
- GOODNEY & ETTER PA
Mission
ART FACILITY AVAILABLE TO THE PUBLIC PROVIDING CLASSES AND PROMOTING ARTS THROUGH EXHIBITS, FESTIVALS, PLAY PRODUCTIONS, AND OTHER PROGRAMS.
Program accomplishments
- THEATRICAL PRODUCTIONS AND EVENTS: PROVIDE COMMUNITY THEATER TO ALLOW MEMBERS OF THE COMMUNITY THE OPPORTUNITY TO PARTICIPATE IN LOCAL PRODUCTIONS. PROVIDE A VENUE FOR COMMUNITY GROUPS TO HAVE SHOWS AND EVENTS. PROVIDE A VENUE FOR THE PRODUCTIONS OF NON-PROFIT THEATER GROUPS. PROVIDE A VENUE FOR CONCERTS, COMMUNITY TALENT SHOWS, AND OTHER ART EXPERIENCES FOR THE COMMUNITY. 8829 TICKETS WERE SOLD IN 2024. OVERALL OVER 12,000 PEOPLE PARTICIPATED ACROSS ALL PROGRAMMING (FREE AND TICKED).Expenses $398,846 · grants $850
- ART CLASSES: PROVIDE ACCESS TO VISUAL AND PERFORMING ARTS CLASSES FOR COMMUNITY MEMBERS INCLUDING CLASSES FOR AT- RISK YOUTH AND THE UNDERSERVED POPULATIONS. 227 STUDENTS ENRAOLLED IN 2024.Expenses $19,613
- ART GALLERY: PROVIDE A GALLERY FOR LOCAL ARTISTS TO DISPLAY THEIR WORK AND TO ASSIST THESE ARTISTS IN THEIR DEVELOPMENT, BOTH AS ARTISTS AND IN BUILDING CAREERS IN THOSE FIELDS. THE GALLERY ALSO SERVES AS A TEACHING TOOL FOR LOCAL STUDENTS TO STUDY ART TECHNIQUES AND METHODS.Expenses $9,667
- Expenses $27,714
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1381314
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1964
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A25Z)
- Assets (IRS master file)
- $1,492,106
- Income (IRS master file)
- $468,273
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $467,473 | $489,036 | $1,492,106 | XML |
| 990 | December 2023 | $774,274 | $526,609 | $1,503,644 | XML |
| 990 | December 2022 | $549,752 | $576,892 | $1,256,137 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1381314).
Questions about FARIBAULT ART CENTER INC
- What is the EIN of FARIBAULT ART CENTER INC?
- The employer identification number (EIN) of FARIBAULT ART CENTER INC is 41-1381314.
- Is FARIBAULT ART CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to FARIBAULT ART CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FARIBAULT ART CENTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FARIBAULT ART CENTER INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FARIBAULT ART CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FARIBAULT ART CENTER INC?
- The 990 for the year ended December 31, 2024 names MATTHEW LONG.
- Who are the officers and directors of FARIBAULT ART CENTER INC?
- The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $61,040 (JULIE FAKLER, EXECUTIVE DI).
- How much revenue does FARIBAULT ART CENTER INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $467,473, expenses of $489,036 and total assets of $1,492,106 at year end.
Other nonprofits in FARIBAULT
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- AMERICANISM MEMORIAL FUND EIN 81-0550874 · last filed 990-N for 2025
- STRAIGHT RIVER ARTS EIN 88-4220542 · last filed 990-N for 2025
- HOUAPHAN OF MINNESOTA EIN 33-1521576 · last filed 990-N for 2024
- MEDFORD AREA HISTORICAL LEAGUE INC EIN 41-2002981 · last filed 990-N for 2025
- BEAU CHANT EIN 47-1018222 · last filed 990-N for 2025
All nonprofits in FARIBAULT · Minnesota · Arts, culture and humanities