MINNESOTA FRINGE FESTIVAL

EIN: 411734179 501(c)(3) Arts, Culture & Humanities

MINNEAPOLIS, MN

Total Revenue
$695,282
Total Expenses
$698,975
Total Assets
$312,911
Net Assets
$119,015
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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
1992
Legal Domicile
MN
Principal Officer
DAWN BENTLEY
Phone
6128721212
Tax Period
2024-10-01 to 2025-09-30

MINNESOTA FRINGE FESTIVAL, founded in 1992, is a small nonprofit in the Arts, Culture & Humanities sector that reported $695K in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum.

Mission

MINNESOTA FRINGE CONNECTS ADVENTUROUS AUDIENCES WITH ADVENTUROUS ARTISTS.

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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 $230,052
Program Service Revenue $461,022
Investment Income $4,065
Other Revenue $143
TOTAL REVENUE $695,282

Expense Breakdown

Grants Paid $589
Salaries & Benefits $235,188
Fundraising Expenses $45,670
Program Expenses $556,969
Other Expenses $456,823
TOTAL EXPENSES $698,975

Year-over-Year Comparison

2024 2023 Change
Revenue $695,282 $502,542 +0.4%
Expenses $698,975 $606,067 +0.2%
Net Income $-3,693 $-103,525 -1.0%
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
16
Independent Members
16
Employees
41
Volunteers
134

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
$86,108
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANETTE STEARNS PRESIDENT 2.50
Officer Director
$0 $0 $0
ERIC MOLHO VICE PRESIDENT 2.50
Officer Director
$0 $0 $0
ERIN MCNEIL TREASURER 2.50
Officer Director
$0 $0 $0
TIMOTHY KELLY SECRETARY 2.50
Officer Director
$0 $0 $0
KD BAUER BOARD MEMBER (TERM START 12/1/24) 2.50
Director
$0 $0 $0
KATY BRIGGS BOARD MEMBER 2.50
Director
$0 $0 $0
DANIELLE DUTOIT BOARD MEMBER (TERM START 1/1/25) 2.50
Director
$0 $0 $0
LINDSEY FALLENSTEIN BOARD MEMBER 2.50
Director
$0 $0 $0
FRANKLIN HELLER BOARD MEMBER (TERM START 12/1/24) 2.50
Director
$0 $0 $0
PAUL MAY KRAMER BOARD MEMBER 2.50
Director
$0 $0 $0
ANNA PALMQUIST BOARD MEMBER (TERM START 12/1/24) 2.50
Director
$0 $0 $0
KENDRA PLANT BOARD MEMBER 2.50
Director
$0 $0 $0
BUTCH ROY BOARD MEMBER (TERM START 12/1/24) 2.50
Director
$0 $0 $0
SACHIDANANDHAN VENKATAKRISHNAN BOARD MEMBER (TERM START 12/1/24) 2.50
Director
$0 $0 $0
MEGAN WELLS BOARD MEMBER 2.50
Director
$0 $0 $0
DENNIS WHIPPLE BOARD MEMBER (TERM START 12/1/24) 2.50
Director
$0 $0 $0
DAWN BENTLEY EXECUTIVE DIRECTOR 40.00
Officer
$74,268 $11,840 $86,108
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 $695,282 $698,975 $312,911 $-3,693
2024 $502,542 $606,067 $333,434 $-103,525
2023 $666,124 $601,894 $433,961 $64,230
2022 $606,782 $615,659 $363,939 $-8,877
2021 $524,315 $459,721 $317,123 $64,594
2020 $204,469 $221,556 $293,582 $-17,087
2019 $680,519 $692,413 $150,825 $-11,894
2018 $609,758 $623,173 $182,498 $-13,415
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