EAST CENTRAL REGIONAL ARTS COUNCIL

EIN: 273386367 501(c)(3) Arts, Culture & Humanities

HINCKLEY, MN

Total Revenue
$851,375
Total Expenses
$878,712
Total Assets
$218,000
Net Assets
$85,829
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MN
Principal Officer
MARY MINNICK-DANIELS
Phone
3203360200
Tax Period
2024-07-01 to 2025-06-30

EAST CENTRAL REGIONAL ARTS COUNCIL, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $851K in total revenue in fiscal year 2024.

Mission

THE EAST CENTRAL REGIONAL ARTS COUNCIL'S PURPOSE IS TO PROMOTE AND ENCOURAGE ALL OF THE ARTS IN EAST CENTRAL MINNESOTA. THE ORGANIZATION DOES THIS BY FUNDING GRANT PROPOSALS FROM AREA ARTS AND COMMUNITY ORGANIZATIONS, GOVERNMENTAL UNITS, AND INDIVIDUALS. THESE ACTIVITIES ARE FUNDED IN PART BY APPROPRIATIONS FROM THE MINNESOTA STATE LEGISLATURE, WITH MONEY FROM THE STATE'S GENERAL FUND AND ITS ARTS AND CULTURAL HERITAGE FUND. THE FUND WAS CREATED BY A VOTE OF THE PEOPLE OF MINNESOTA ON NOVEMBER 4, 2008. THESE ACTIVITIES ARE ALSO FUNDED IN PART BY THE MCKNIGHT FOUNDATION.

Program Service Accomplishments

Program 1
Expenses: $808,573

THE EAST CENTRAL REGIONAL ARTS COUNCIL'S PROGRAM INCLUDED PROVIDING GRANTS TOTALING $481,923 TO INDIVIDUALS AND GROUPS FOR ARTS PROJECTS.THE ORGANIZATION ALSO PROVIDED TECHNICAL ASSISTANCE TO...

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THE EAST CENTRAL REGIONAL ARTS COUNCIL'S PROGRAM INCLUDED PROVIDING GRANTS TOTALING $481,923 TO INDIVIDUALS AND GROUPS FOR ARTS PROJECTS.THE ORGANIZATION ALSO PROVIDED TECHNICAL ASSISTANCE TO GRANTEES AND OTHERS INTERESTED IN THE ARTS THROUGH WORKSHOPS, ART SHOWS, AND THE "ESSENTIAL ARTS" NEWSLETTER. EAST CENTRAL REGIONAL ARTS COUNCIL ALSO WORKED TO IDENTIFY ECONOMIC AND COMMUNITY DEVELOPMENT LINKS IN THE REGION, PROVIDING INFORMATION, ASSISTANCE, AND REFERRALS ON ARTS ISSUES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $844,685
Program Service Revenue $0
Investment Income $4,690
Other Revenue $2,000
TOTAL REVENUE $851,375

Expense Breakdown

Grants Paid $481,923
Salaries & Benefits $236,810
Fundraising Expenses $0
Program Expenses $808,573
Other Expenses $159,979
TOTAL EXPENSES $878,712

Year-over-Year Comparison

2024 2023 Change
Revenue $851,375 $815,468 +0.0%
Expenses $878,712 $879,483 0.0%
Net Income $-27,337 $-64,015 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
16

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$101,342
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLA VITA BOARD CHAIR 2.00
Officer Director
$0 $0 $0
ROGER NEIBOER BOARD VICE CHAIR 2.00
Officer Director
$0 $0 $0
MATTHEW KROUSEY SECRETARY 2.00
Officer Director
$0 $0 $0
PAT BLACK TREASURER 2.00
Officer Director
$0 $0 $0
SARAH RATERMANN BEAHAN DIRECTOR 1.00
Director
$0 $0 $0
DEBORAH TRENT DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE HENRY DIRECTOR 1.00
Director
$0 $0 $0
MARY MINNICK-DANIELS EXECUTIVE DIRECTOR 40.00
Officer
$94,375 $6,967 $101,342
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $851,375 $878,712 $218,000 $-27,337
2024 No data No data No data No data
2023 $686,216 $692,439 $385,653 $-6,223
2022 $628,144 $566,238 $265,696 $61,906
2021 $593,916 $513,712 $287,282 $80,204
2020 $596,804 $619,766 $253,598 $-22,962
2019 $656,294 $609,922 $132,019 $46,372
2018 $555,532 $565,041 $193,224 $-9,509
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