Nonprofit · EIN 41-1650727
AUSTIN AREA COMMISSION FOR THE ARTS INC
Tax-exempt · AUSTIN, MN 55912
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $655,332 | $296,912 | $358,420 | $3,266,283 | $722,645 | $2,543,638 |
| December 31, 2023 | 990 | $458,735 | $597,687 | -$138,952 | $2,520,893 | $344,342 | $2,176,551 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $416,268
- of which government grants
- $97,129
- Membership dues
- $6,445
- Program service revenue
- $118,482
- Investment income
- $1,790
- Net rental income
- $16,784
- Net gain from sales of assets
- -$3,021
- Net income from fundraising events
- -$3,555
- Net income from gaming
- $104,948
- Other revenue
- $118,792
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $87,720
- Other salaries and wages
- $130,943
- Salaries, compensation and benefits (total)
- $245,927
- Professional fundraising fees
- $0
- Accounting fees
- $26,576
- Occupancy
- $140,362
- Travel
- $6,981
- Depreciation
- $101,478
- Program services (functional)
- $197,885
- Management and general (functional)
- $98,744
- Fundraising (functional)
- $283
Balance sheet and other
- Total assets, start of year
- $2,520,893
- Total assets, end of year
- $3,266,283
- Total liabilities, end of year
- $722,645
- Net assets, end of year
- $2,543,638
- Land, buildings and equipment
- $1,679,938
- Net assets without donor restrictions
- $1,642,580
- Net assets with donor restrictions
- $901,058
- Gross unrelated business income
- $103,522
- Gross receipts
- $5,832,295
- Employees
- 10
- Volunteers
- 250
- Year formed
- 1990
- 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 |
|---|---|---|---|
| KELSEY RITCHIE | INTERIM EXECUTIVE DIRECTOR Officer | 40 | $67,960 |
| LAURA HELLE | EXECUTIVE DIRECTOR - PART YEAR Officer | 40 | $19,760 |
| PENNY KINNEY | PRESIDENT Trustee or director, Officer | 5 | $0 |
| RAE DAWN RAO | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| ERIN MCCLIMON | TREASURER Trustee or director, Officer | 5 | $0 |
| RICK YOUNG | SECRETARY Trustee or director, Officer | 5 | $0 |
| MICHELLE LILLY | DIRECTOR Trustee or director, Officer | 5 | $0 |
| JOHN BECKMAN | DIRECTOR Trustee or director | 1 | $0 |
| KANDACE FEIST | DIRECTOR Trustee or director | 1 | $0 |
| MARIANNE BREMER | DIRECTOR Trustee or director | 1 | $0 |
| SHANNON SALINAS | DIRECTOR Trustee or director | 1 | $0 |
| ZACH FADNESS | DIRECTOR Trustee or director | 1 | $0 |
| AN LE | DIRECTOR Trustee or director | 1 | $0 |
| EMILY BRAATEN | DIRECTOR Trustee or director | 1 | $0 |
| BRIANNE ERICKSON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA S HELLE | EXECUTIVE DIRECTOR Officer | 40 | $78,170 |
| PENNY KINNEY | PRESIDENT Trustee or director, Officer | 5 | $0 |
| RAE DAWN RAO | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| MICHELLE LILLY | TREASURER Trustee or director, Officer | 5 | $0 |
| RICK YOUNG | SECRETARY Trustee or director, Officer | 5 | $0 |
| AUSTERE APOLLO | DIRECTOR Trustee or director | 1 | $0 |
| DOMONIQUE VENZANT | DIRECTOR Trustee or director | 1 | $0 |
| ISAAC LEYK | DIRECTOR Trustee or director | 1 | $0 |
| JOHN BECKMAN | DIRECTOR Trustee or director | 1 | $0 |
| KANDACE FEIST | DIRECTOR Trustee or director | 1 | $0 |
| KRISTEN OLSON | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 300 N MAIN ST, AUSTIN, MN 55912-3406
- Principal officer (990 for 2024)
- PENNY KINNEY, 300 NORTH MAIN STREET, AUSTIN, MN 55912
- Signed the 990
- PENNY KINNEY, PRESIDENT
- Phone
- (507) 434-0934
- Website
- WWW.AUSTINAREAARTS.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
AUSTIN AREA ARTS APPLAUDS AND ADVANCES ALL ARTS BY WELCOMING DIVERSE, CREATIVE INDIVIDUALS TO SHARE THEIR UNIQUE TALENTS TO INSPIRE OUR COMMUNITY.
Program accomplishments
- ARTWORKS CENTER - PROVIDE A VENUE FOR ARTISTS TO CREATE, DISPLAY AND SELL THEIR ART. PROVIDE ART EDUCATION FOR ALL AGES. PROVIDE AN INTIMATE LIVE MUSIC VENUE. 106 RETAIL ARTISTS GENERATED $43,000+ GROSS RETAIL SALES. HOSTED 2 LIVE MUSIC, 5 GALLERY EXHIBITS, 8 OPEN MUSIC JAMS, 22 ADULT ART CLASSES, 48 KIDS ART CLASSES, 21 PRIVATE YOUTH LESSONS, 4 PRIVATE ADULT CLASSES = 95 TOTAL EVENTS. SERVED 814 CHILDREN / 1185 ADULTS = 1,999 TOTAL PLUS 201 ARTISTS.Expenses $93,465 · revenue $52,027
- PARAMOUNT THEATRE - MAINTAIN THE HISTORIC 1929 PARAMOUNT THEATRE. PRESENT HIGH QUALITY LIVE MUSIC AND OTHER PERFORMING ARTS TO THE PUBLIC AT REASONABLE PRICES. OFFER LOW COST RENTAL VENUE TO THE AREA'S ARTS COMMUNITY. 2024 EVENTS: 4 DANCE PERFORMANCE, 3 TOURS, 11 PRIVATE MOVIES, 10 LIVE MUSIC SHOWS, 20 PUBLIC MOVIES, 1 CHILDREN'S PLAY = 49 TOTAL. SERVED 1,665 CHILDREN / 4,419 ADULTS = 6,064 TOTAL PLUS 357 ARTISTS.Expenses $70,272 · revenue $40,915
- ARTWORKS FESTIVAL - CELEBRATE VISUAL, PERFORMING AND LITERARY ARTISTS WITH A FREE TWO-DAY EVENT IN THE HEART OF DOWNTOWN AUSTIN. EVENT CONTRIBUTES TO COMMUNITY QUALITY OF LIFE AND GENERATES ECONOMIC IMPACT FOR LOCAL LODGING, RESTAURANTS AND RETAIL. 6,600 VISITORS ENJOYED 63 JURIED FINE ART EXHIBITORS, 8 EMERGING ART EXHIBITORS, 12 HANDS-ON ART EXPERIENCES, 11 MUSIC ACTS, 12 AUTHORS, 6 PERFORMING ARTS OFFERINGS. THE EVENT WAS SUPPORTED BY 69 INDIVIDUAL DONORS, 33 BUSINESS DONORS AND 200+ VOLUNTEER SHIFTS FILLED.Expenses $34,148 · revenue $25,540
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
- 41-1650727
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70J)
- Assets (IRS master file)
- $3,266,283
- Income (IRS master file)
- $5,832,295
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $655,332 | $296,912 | $3,266,283 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $458,735 | $597,687 | $2,520,893 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $449,988 | $787,223 | $2,713,325 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 41-1650727).
Questions about AUSTIN AREA COMMISSION FOR THE ARTS INC
- What is the EIN of AUSTIN AREA COMMISSION FOR THE ARTS INC?
- The employer identification number (EIN) of AUSTIN AREA COMMISSION FOR THE ARTS INC is 41-1650727.
- Is AUSTIN AREA COMMISSION FOR THE ARTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to AUSTIN AREA COMMISSION FOR THE ARTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AUSTIN AREA COMMISSION FOR THE ARTS 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 AUSTIN AREA COMMISSION FOR THE ARTS 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 AUSTIN AREA COMMISSION FOR THE ARTS 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 AUSTIN AREA COMMISSION FOR THE ARTS INC?
- The 990 for the year ended December 31, 2024 names PENNY KINNEY.
- Who are the officers and directors of AUSTIN AREA COMMISSION FOR THE ARTS INC?
- The 990 for the year ended December 31, 2024 lists 15 people; 2 received compensation from the organization, the highest $67,960 (KELSEY RITCHIE, INTERIM EXECUTIVE DIRECTOR).
- How much revenue does AUSTIN AREA COMMISSION FOR THE ARTS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $655,332, expenses of $296,912 and total assets of $3,266,283 at year end.
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