SPRINGBOARD FOR THE ARTS

EIN: 411690483 501(c)(3) Arts, Culture & Humanities

SAINT PAUL, MN

Total Revenue
$8,288,896
Total Expenses
$7,685,332
Total Assets
$15,842,463
Net Assets
$15,636,073
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
MN
Principal Officer
LAURA ZABEL
Phone
6512924381
Tax Period
2024-07-01 to 2025-06-30

SPRINGBOARD FOR THE ARTS, founded in 1991, is a community nonprofit in the Arts, Culture & Humanities sector that reported $8.3M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $7.7M left a modest 7% surplus.

Mission

TO CULTIVATE VIBRANT ARTS COMMUNITIES BY CONNECTING ARTISTS WITH THE SKILLS, INFORMATION AND SERVICES THEY NEED TO MAKE A LIVING AND A LIFE.

Program Service Accomplishments

Program 1
Expenses: $1,024,692

THE RURAL PROGRAM ENHANCES SUPPORT FOR ARTISTS AND COMMUNITIES IN THE UPPER MIDWEST THROUGH WORKSHOPS, CONSULTATIONS, A RESOURCE CENTER, AND A VISITING ARTIST PROGRAM IN FERGUS FALLS. LOCAL...

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THE RURAL PROGRAM ENHANCES SUPPORT FOR ARTISTS AND COMMUNITIES IN THE UPPER MIDWEST THROUGH WORKSHOPS, CONSULTATIONS, A RESOURCE CENTER, AND A VISITING ARTIST PROGRAM IN FERGUS FALLS. LOCAL INITIATIVES IN OTTER TAIL COUNTY INCLUDE AN EQUIPMENT LENDING LIBRARY AND A GUARANTEED MINIMUM INCOME PROGRAM, BENEFITING AROUND 200 ARTISTS AND 3,250 COMMUNITY MEMBERS IN 2025. REGIONALLY, THE PROGRAM FEATURES THE RURAL REGENERATOR FELLOWSHIP FOR 12 ARTISTS, THE ANNUAL RURAL FUTURES SUMMIT FOR 150 LEADERS, THE FALLS COMMUNITY ARTS EXCHANGE, AND THE ARTISTS ON MAIN STREET INITIATIVE, REACHING ABOUT 195 ARTISTS, 25 LEADERS, AND 500 COMMUNITY MEMBERS IN 2025.

Program 2
Expenses: $702,572

SPRINGBOARD FOR THE ARTS' COMMUNITY DEVELOPMENT PROGRAM CREATES PATHWAYS FOR ARTISTS TO MEANINGFULLY CONNECT WITH THEIR COMMUNITIES TO ADDRESS SHARED CHALLENGES AND OPPORTUNITIES SUCH AS...

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SPRINGBOARD FOR THE ARTS' COMMUNITY DEVELOPMENT PROGRAM CREATES PATHWAYS FOR ARTISTS TO MEANINGFULLY CONNECT WITH THEIR COMMUNITIES TO ADDRESS SHARED CHALLENGES AND OPPORTUNITIES SUCH AS ENVIRONMENTAL STEWARDSHIP, ECONOMIC JUSTICE, HOUSING, AND TRANSPORTATION. BUILDING ON SPRINGBOARD'S LONG HISTORY OF DEMONSTRATING HOW ARTISTS STRENGTHEN COMMUNITY WELL-BEING, THE PROGRAM SUPPORTS PROJECTS THAT FOSTER CONNECTION, JOY, AND CIVIC IMAGINATION. THIS INCLUDES ARTISTS RESPOND: WEAVING SOCIAL CONNECTION, WHICH COMMISSIONS ARTISTS TO BUILD BELONGING AND REDUCE SOCIAL ISOLATION THROUGH CREATIVE PARTNERSHIPS ACROSS MINNESOTA, AND SPRINGBOARD ON ICE, WHICH TRANSFORMS OUR NEIGHBORHOOD ICE RINK INTO A SPACE FOR PERFORMANCE, LEARNING, AND COMMUNITY CELEBRATION. THE PROGRAM ALSO PARTNERS WITH NEIGHBORHOOD ORGANIZATIONS TO ENGAGE RESIDENTS IN ENVISIONING THE FUTURE OF THEIR COMMUNITIES. THROUGH TRAINING, PROJECT SUPPORT, AND CROSS-SECTOR COLLABORATIONS, WE POSITION ARTISTS AS CIVIC PARTNERS AND ESSENTIAL LEADERS IN SHAPING MORE CONNECTED, EQUITABLE, AND CREATIVE PLACES ACROSS MINNESOTA.

Program 3
Expenses: $1,545,463

SPRINGBOARD FOR THE ARTS' ECONOMIC OPPORTUNITY PROGRAMMING PROVIDES VITAL RESOURCES FOR ARTISTS, INCLUDING PROFESSIONAL DEVELOPMENT, ACCESS TO HEALTH AND LEGAL SERVICES, AND A RESOURCE LAB. IN FY25...

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SPRINGBOARD FOR THE ARTS' ECONOMIC OPPORTUNITY PROGRAMMING PROVIDES VITAL RESOURCES FOR ARTISTS, INCLUDING PROFESSIONAL DEVELOPMENT, ACCESS TO HEALTH AND LEGAL SERVICES, AND A RESOURCE LAB. IN FY25, WE ENHANCED OUR RESOURCE CENTER WITH COMPUTER WORKSTATIONS, ADOBE CREATIVE CLOUD, AND EXPANDED IN-PERSON SUPPORT, SERVING OVER 3,000 ARTISTS THROUGH WORKSHOPS, CONSULTATIONS, AND PANELS. WE ALSO DEVELOPED OUR ARTIST CAREER CONSULTANTS AND FACILITATED A SUCCESSFUL HYBRID APPROACH FOR THE WORK OF ART WORKSHOPS. THE GUARANTEED MINIMUM INCOME PILOT EXPANDED TO SUPPORT 100 ARTISTS FROM DIVERSE COMMUNITIES FOR 5 YEARS, PROMOTING RACIAL AND GENDER EQUITY. THE GROWTH FUND AWARDED $2,500 TO 50 ARTISTS AND CREATIVE BUSINESSES, WHILE OUR MAKERS-TO-MARKET PROGRAM HOSTED TWO SUCCESSFUL POP-UP MARKETS, BENEFITING 35 VENDORS AND ATTRACTING AROUND 300 ATTENDEES EACH.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,432,388
Program Service Revenue $551,242
Investment Income $305,737
Other Revenue $-471
TOTAL REVENUE $8,288,896

Expense Breakdown

Grants Paid $3,674,429
Salaries & Benefits $2,153,282
Fundraising Expenses $170,010
Program Expenses $6,986,946
Other Expenses $1,857,621
TOTAL EXPENSES $7,685,332

Year-over-Year Comparison

2024 2023 Change
Revenue $8,288,896 $6,187,563 +0.3%
Expenses $7,685,332 $6,867,681 +0.1%
Net Income $603,564 $-680,118 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
23
Volunteers
95

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
$377,071
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANNON PETTITT DIRECTOR 1.00
Director
$0 $0 $0
SARAH SWEDBURG VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ROSE TENG DIRECTOR 1.00
Director
$0 $0 $0
ROLANDO FELIZOLA DIRECTOR 1.00
Director
$0 $0 $0
ROBERT RANSICK DIRECTOR 1.00
Director
$0 $0 $0
MAUREEN RAMIREZ DIRECTOR 1.00
Director
$0 $0 $0
MADDE GIBBA DIRECTOR 1.00
Director
$0 $0 $0
JARRETT REED PRESIDENT 2.00
Officer Director
$0 $0 $0
DOMINIQUE MUELLER DIRECTOR 1.00
Director
$0 $0 $0
ANISHA MURPHY DIRECTOR 1.00
Director
$0 $0 $0
ANDRIANA ABARIOTES TREASURER 1.00
Officer Director
$0 $0 $0
AMY JOHNS DIRECTOR 1.00
Director
$0 $0 $0
LAURA ZABEL EXECUTIVE DIRECTOR 40.00
Officer
$216,882 $20,260 $237,142
WILLIAM PIERCE II OPERATIONS AND FINANCE DIR 40.00
Officer
$125,140 $14,789 $139,929
JUN-LI WANG ASSOCIATE DIRECTOR 40.00
Highest
$148,080 $16,808 $164,888
AMANDA KALER ADVANCEMENT DIRECTOR 40.00
Highest
$102,052 $18,497 $120,549
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 $8,288,896 $7,685,332 $15,842,463 $603,564
2024 $6,187,563 $6,867,681 $15,272,169 $-680,118
2023 $11,682,094 $4,186,681 $16,056,163 $7,495,413
2022 $2,192,624 $3,491,429 $8,950,194 $-1,298,805
2021 $6,226,382 $2,701,121 $11,189,893 $3,525,261
2020 $4,053,530 $3,297,527 $7,712,117 $756,003
2019 $4,813,439 $3,303,099 $7,149,836 $1,510,340
2018 $2,829,484 $2,814,087 $5,586,209 $15,397
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