MEADOWLARK ARTS COUNCIL INC

EIN: 311658224 501(c)(3) Arts, Culture & Humanities

CROSBY, ND

Total Revenue
$102,791
Total Expenses
$111,129
Total Assets
$543,979
Net Assets
$536,109
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
ND
Tax Period
2019-01-01 to 2019-12-31

MEADOWLARK ARTS COUNCIL INC, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $103K in total revenue in fiscal year 2019. Revenue grew 13% year-over-year, indicating healthy expansion. Net assets of $536K represent 63 months of operating reserves.

Mission

SUPPORT OF THE ARTS

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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 (2019)

Revenue Breakdown

Contributions & Grants $31,632
Program Service Revenue $0
Investment Income $25
Other Revenue $71,134
TOTAL REVENUE $102,791

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $111,129
Other Expenses $111,129
TOTAL EXPENSES $111,129

Year-over-Year Comparison

2019 2018 Change
Revenue $102,791 $90,949 +0.1%
Expenses $111,129 $104,013 +0.1%
Net Income $-8,338 $-13,064 -0.4%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
8
Volunteers
45

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBBIE CLEMENS PRESIDENT 5.00
Officer Director
$0 $0 $0
KATHY FAGERLAND SECRETARY 5.00
Officer Director
$0 $0 $0
CHRISTINE KELLER TREASURER 5.00
Officer Director
$0 $0 $0
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
2019 $102,791 $111,129 $543,979 $-8,338
2018 $90,949 $104,013 $532,046 $-13,064
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