SAINT PAUL FESTIVAL & HERITAGE FOUNDATION

EIN: 411746052 501(c)(3) Arts, Culture & Humanities

SAINT PAUL, MN

Total Revenue
$814,002
Total Expenses
$741,982
Total Assets
$716,277
Net Assets
$631,390
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
MN
Principal Officer
LISA JACOBSON
Phone
6512234700
Tax Period
2024-06-01 to 2025-05-31

SAINT PAUL FESTIVAL & HERITAGE FOUNDATION, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $814K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $742K left a modest 9% surplus.

Mission

TO FOSTER A SENSE OF COMMUNITY, PRIDE, BELONGING AND CONNECTEDNESS BY CELEBRATING SAINT PAUL'S UNIQUE HISTORY AND EMERGING HERITAGE THROUGH FUN AND EDUCATIONAL EXPERIENCES.

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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 $284,500
Program Service Revenue $279,946
Investment Income $18,575
Other Revenue $230,981
TOTAL REVENUE $814,002

Expense Breakdown

Grants Paid $0
Salaries & Benefits $179,313
Fundraising Expenses $56,255
Program Expenses $625,491
Other Expenses $562,669
TOTAL EXPENSES $741,982

Year-over-Year Comparison

2024 2023 Change
Revenue $814,002 $910,656 -0.1%
Expenses $741,982 $795,121 -0.1%
Net Income $72,020 $115,535 -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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Governance

Voting Members
16
Independent Members
16
Employees
36
Volunteers
N/A

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
$178,821
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA JACOBSON PRESIDENT/CE 40.00
Officer
$117,352 $0 $117,352
JANET CRITTENDEN GAMBLING MAN 40.00
Officer
$61,469 $0 $61,469
CHRISTINE ARME VICE CHAIR 1.00
Officer Director
$0 $0 $0
KARI BOE-SCHMIDTZ BOARD MEMBER 1.00
Director
$0 $0 $0
JASON BRADSHAW BOARD MEMBER 1.00
Director
$0 $0 $0
CRAIG DANSKY CHAIR 1.00
Officer Director
$0 $0 $0
JASON DEKEUSTER BOARD MEMBER 1.00
Director
$0 $0 $0
STORME DUNN BOARD MEMBER 1.00
Director
$0 $0 $0
DENNIS EGAN BOARD MEMBER 1.00
Director
$0 $0 $0
KRYSTLE IGBO-OGBONNA SECRETARY 1.00
Officer Director
$0 $0 $0
MONTE JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
LIZ LAMBRECHT BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM NIBLICK BOARD MEMBER 1.00
Director
$0 $0 $0
KAY NORBURY TREASURER 1.00
Officer Director
$0 $0 $0
MICHAEL SAWYER BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER TAMBURO BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTIAN WEINHAGEN FORMER CHAIR 1.00
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
2025 $814,002 $741,982 $716,277 $72,020
2024 $910,656 $795,121 $676,221 $115,535
2023 $893,416 $922,891 $528,557 $-29,475
2022 $775,873 $771,862 $533,983 $4,011
2021 $980,623 $586,969 $677,103 $393,654
2020 $782,911 $895,038 $229,510 $-112,127
2019 $1,074,161 $1,047,656 $344,560 $26,505
2018 $1,894,448 $2,267,186 $513,450 $-372,738
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