ROCHESTER ART CENTER

EIN: 410799310 501(c)(3) Arts, Culture & Humanities

ROCHESTER, MN

Total Revenue
$811,871
Total Expenses
$936,667
Total Assets
$5,282,532
Net Assets
$5,221,064
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
MN
Principal Officer
DAVID MORRIS
Phone
5077222552
Tax Period
2024-07-01 to 2025-06-30

ROCHESTER ART CENTER, founded in 1946, is a small nonprofit in the Arts, Culture & Humanities sector that reported $812K in total revenue in fiscal year 2024. Expenses of $937K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO GIVE CITIZENS AND VISITORS OF ROCHESTER, MN THE OPPORTUNITY TO KNOW, PRACTICE AND ENJOY THE ARTS. ROCHESTER ART CENTER OFFERS THE OPPORTUNITY FOR ALL PEOPLE TO UNDERSTAND AND VALUE THE ARTS THROUGH INNOVATIVE EXPERIENCES WITH CONTEMPORARY ART. THROUGH WORLD-CLASS EXHIBITIONS AND PROGRAMS, WE PRESENT A WELCOMING, INTEGRATED, AND DIVERSE EXPEREINCE THAT ENCOURAGES QUESTIONING, CREATIVITY, AND CRITICAL THINKING. THESE EXHIBITOINS AND PROGRAMS ARE DESIGNED TO REFLECT THE DYNAMIC RELATIONSHIPO BETWEEN ART AND SOCIETY. THEY EDUCATE, CHALLENGE, AND CONNECT INDIVIDUALS TO OUR WORLD IN COMPELLING NEW WAYS. WE ARE COMMITTED TO BEING A CULTURAL CENTER IN OUR COMMUNITY AND TO ENHANCING OUR REGION AS A DESTINATION FOR CREATIVITY AND INNOVATION. WE PROVIDE VALUE THROUGH ENGAGEMENT WITH BROAD COMMUNITIES, STRONG COLLABORATIONS WITH OTHER ORGANIZAIOTNS, AND A HISTORY OF EXCELLENCE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $568,458
Program Service Revenue $141,033
Investment Income $7,665
Other Revenue $94,715
TOTAL REVENUE $811,871

Expense Breakdown

Grants Paid $0
Salaries & Benefits $414,172
Fundraising Expenses $60,445
Program Expenses $694,499
Other Expenses $522,495
TOTAL EXPENSES $936,667

Year-over-Year Comparison

2024 2023 Change
Revenue $811,871 $772,245 +0.1%
Expenses $936,667 $856,197 +0.1%
Net Income $-124,796 $-83,952 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
21
Volunteers
120

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
7
$75,821
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE MORRIS PRESIDENT 2.00
Officer Director
$0 $0 $0
HIEDI HOWE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JON ZURN TREASURER & FINANCE CHAIR 1.00
Officer Director
$0 $0 $0
SANANDA MCCALL SECRETARY 1.00
Officer Director
$0 $0 $0
JULIA ROSE ANDERSON FORMER PRESIDENT 2.00
Officer Director
$0 $0 $0
ALESSANDRA DE LA PUENTE FORMER VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
GERRY GREANEY DIRECTOR 1.00
Director
$0 $0 $0
BROOKE BURCH DIRECTOR 1.00
Director
$0 $0 $0
SIMON HUELSBECK DIRECTOR 1.00
Director
$0 $0 $0
BRETT OLSON DIRECTOR 1.00
Director
$0 $0 $0
GAYLIA BORROR DIRECTOR 1.00
Director
$0 $0 $0
AUDREY ELEGBEDE DIRECTOR 1.00
Director
$0 $0 $0
CECILIA DINGLEDY DIRECTOR 1.00
Director
$0 $0 $0
SEGUN KOLADE DIRECTOR 1.00
Director
$0 $0 $0
CARSON ROMME DIRECTOR 1.00
Director
$0 $0 $0
HEATHER WRIGHT DIRECTOR 1.00
Director
$0 $0 $0
PAMELA HUGDAHL EXECTUIVE DIRECTOR 35.00
Officer
$75,821 $0 $75,821
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 $811,871 $936,667 $5,282,532 $-124,796
2024 $772,245 $856,197 $5,396,482 $-83,952
2023 $659,899 $809,436 $5,463,059 $-149,537
2022 $780,668 $809,694 $5,600,838 $-29,026
2021 $753,858 $792,052 $5,700,432 $-38,194
2020 $595,827 $815,825 $5,925,708 $-219,998
2018 $889,545 $830,240 $5,993,817 $59,305
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ROCHESTER ART CENTER with other nonprofits in Minnesota and across the country.