WAYZATA, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MINNETONKA CENTER FOR THE ARTS, founded in 1952, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Net assets of $4.4M represent 35 months of operating reserves.
IN THE BELIEF THAT THE VISUAL ARTS ARE INDISPENSABLE TO A HEALTHY COMMUNITY, IT IS THE MISSION OF THE MINNETONKA CENTER FOR THE ARTS TO PROVIDE TEACHING EXCELLENCE, QUALITY EXHIBITIONS, AND CULTURAL ENRICHMENT FOR PEOPLE OF ALL AGES, INTERESTS, AND ABILITIES.
STUDIO CLASSES:IN PURSUIT OF OUR GOAL TO ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITY, WE PROVIDE YEAR-ROUND STUDIO CLASSES FOR ADULTS, YOUTH, AND CHILDREN. WE PROVIDE CLASSES IN PAINTING, DRAWING...
STUDIO CLASSES:IN PURSUIT OF OUR GOAL TO ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITY, WE PROVIDE YEAR-ROUND STUDIO CLASSES FOR ADULTS, YOUTH, AND CHILDREN. WE PROVIDE CLASSES IN PAINTING, DRAWING, SCULPTURE, CERAMICS, PHOTOGRAPHY, FIBER ARTS, GLASS, JEWELRY AND MORE. INSTRUCTORS ARE HIGHLY SKILLED, PROFESSIONAL ARTISTS WITH EXPERIENCE AND AN INTEREST IN NURTURING AND GUIDING DEVELOPING ARTISTS. FOR FY25, WE HELD 554 ON-SITE STUDIO CLASSES AND WORKSHOPS AND HAD OVER 2,801 REGISTRATIONS. IN ADDITION, WE HAD OVER 581 REGISTRATIONS FOR OUR SUMMER ARTS CAMP, WHICH PROVIDES A UNIQUE OPPORTUNITY FOR CHILDREN AND YOUTH AGES 5-15 TO EXPERIENCE A PROFESSIONAL ART STUDIO ENVIRONMENT AND LEARN FROM WORKING ARTISTS.
EXHIBITIONS:OUR GALLERY IS OPEN TO THE PUBLIC AND ADMISSION IS FREE. WE FEATURE ARTWORK BY LOCAL, REGIONAL, AND NATIONALLY KNOWN ARTISTS. IN FY25, WE PRESENTED FOUR EXHIBITS ON-SITE AND AN ADDITIONAL...
EXHIBITIONS:OUR GALLERY IS OPEN TO THE PUBLIC AND ADMISSION IS FREE. WE FEATURE ARTWORK BY LOCAL, REGIONAL, AND NATIONALLY KNOWN ARTISTS. IN FY25, WE PRESENTED FOUR EXHIBITS ON-SITE AND AN ADDITIONAL FOUR EXHIBITS OFFSITE AT THE RIDGEDALE SHOPPING CENTER. A TOTAL OF 4,294 WORKS OF ART AND FINE CRAFT BY 200 ARTISTS WITH A TOTAL RETAIL VALUE OF $456,035 WERE DISPLAYED.
COMMUNITY OUTREACH:IN AN EFFORT TO MAKE OUR PROGRAMS AVAILABLE TO THE WIDEST POSSIBLE AUDIENCE, 513 CHILDREN, YOUTH AND ADULTS FROM TWENTY DIFFERENT COMMUNITY PARTNERS PARTICIPATED IN OUR OUTREACH...
COMMUNITY OUTREACH:IN AN EFFORT TO MAKE OUR PROGRAMS AVAILABLE TO THE WIDEST POSSIBLE AUDIENCE, 513 CHILDREN, YOUTH AND ADULTS FROM TWENTY DIFFERENT COMMUNITY PARTNERS PARTICIPATED IN OUR OUTREACH PROGRAMS DURING THE FISCAL YEAR. MANY PARTICIPATED AT LOW OR NO COST.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,499,527 | $1,303,632 | +0.2% |
| Expenses | $1,520,424 | $1,443,549 | +0.1% |
| Net Income | $-20,897 | $-139,917 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JIM SCHWERT | CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| GARY LASCHE | TREASURER/SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEN ROWE | VICE CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN ADELMAN | BOARD SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOAN SUKO | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| LORI BAUER | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| LAURA BERNSTEIN | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JACKIE PETERSON | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MARTHA MCLAUGHLIN | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| BARBARA MCBURNEY | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| CURT PAULSON | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ROXANNE L HEATON | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$138,306 | $19,864 | $158,170 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,499,527 | $1,520,424 | $4,605,414 | $-20,897 |
| 2024 | $1,303,632 | $1,443,549 | $4,590,863 | $-139,917 |
| 2023 | $1,081,299 | $1,333,550 | $4,691,269 | $-252,251 |
| 2022 | $1,090,621 | $1,166,142 | $4,918,797 | $-75,521 |
| 2021 | $604,180 | $594,440 | $5,061,522 | $9,740 |
| 2020 | $1,315,272 | $1,344,864 | $5,042,472 | $-29,592 |
| 2019 | $1,870,587 | $1,615,932 | $5,131,770 | $254,655 |
Compare MINNETONKA CENTER FOR THE ARTS with other nonprofits in Minnesota and across the country.