Minneapolis, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTHEAST MINNEAPOLIS ARTS ASSOC, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $445K in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $538K exceeded revenue, resulting in a 21% operating deficit.
Northeast Minneapolis Arts Association (NEMAA) strengthens and supports our local artist community with resources, promotion and fellowship.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $445,132 | $322,139 | +0.4% |
| Expenses | $537,922 | $412,629 | +0.3% |
| Net Income | $-92,790 | $-90,490 | +0.0% |
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 |
|---|---|---|---|---|---|---|
| Anna Becker | Executive Director | 40 |
Officer
|
$75,354 | $0 | $75,354 |
| Anna Palmquist | Board Member | 1 |
Director
|
$750 | $0 | $750 |
| Suyao Tian | Board Member | 1.00 |
Director
|
$750 | $0 | $750 |
| Sarah Gillund | President | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Meg Erke | Vice President | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Kenosha Davenport | Treasurer | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Robert Kasak | Secretary | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Don Ball | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Cynthia Berg | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Steven Irvin Johnson | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Amira Friedson | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Lydia Millard | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Madison Berry | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Brian Burke | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Krista Marino | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $445,132 | $537,922 | $225,096 | $-92,790 |
| 2022 | $322,139 | $412,629 | $170,177 | $-90,490 |
| 2021 | $293,014 | $257,858 | $165,106 | $35,156 |
| 2020 | $252,008 | $247,557 | $94,190 | $4,451 |
| 2019 | $309,734 | $257,867 | $68,157 | $51,867 |
| 2018 | $231,669 | $338,565 | $28,395 | $-106,896 |
Compare NORTHEAST MINNEAPOLIS ARTS ASSOC with other nonprofits in Minnesota and across the country.