HISTORIC SAINT PAUL CORPORATION

EIN: 411903550 501(c)(3) Arts, Culture & Humanities

ST PAUL, MN

Total Revenue
$44,045
Total Expenses
$63,153
Total Assets
$214,928
Net Assets
$61,002
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
MN
Principal Officer
RITA GOODRICH
Phone
6512223049
Tax Period
2023-01-01 to 2023-12-31

HISTORIC SAINT PAUL CORPORATION, founded in 1998, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $44K in total revenue in fiscal year 2023. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $63K exceeded revenue, resulting in a 43% operating deficit.

Mission

HISTORIC SAINT PAUL IS A NONPROFIT ORGANIZATION WORKING TO PRESERVE AND PROMOTE THE CULTURAL HERITAGE, CHARACTER, AND VITALITY OF SAINT PAUL NEIGHBORHOODS, WITH A FOCUS ON CULTURAL HERITAGE RESOURCES IN UNDER-RESOURCED NEIGHBOORHOODS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $24,804
Program Service Revenue $17,274
Investment Income $134
Other Revenue $1,833
TOTAL REVENUE $44,045

Expense Breakdown

Grants Paid $15,051
Salaries & Benefits $17,820
Fundraising Expenses $5,910
Program Expenses $40,413
Other Expenses $28,497
TOTAL EXPENSES $63,153

Year-over-Year Comparison

2023 2022 Change
Revenue $44,045 $105,792 -0.6%
Expenses $63,153 $110,091 -0.4%
Net Income $-19,108 $-4,299 +3.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
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
4
$21,785
Total Directors
9
$21,785
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RITA GOODRICH PRESIDENT 1.00
Officer Director
$0 $0 $0
GIBSON STANTON DIRECTOR 1.00
Officer Director
$0 $0 $0
STEVEN BUETOW DIRECTOR 1.00
Director
$0 $0 $0
AMANDA WELLIVER DIRECTOR 1.00
Director
$0 $0 $0
KATE PEARCE DIRECTOR 1.00
Director
$0 $0 $0
TYLER LUECK DIRECTOR 1.00
Director
$0 $0 $0
CAROL CAREY EXECUTIVE DIRECTOR 40.00
Officer Director
$21,785 $0 $21,785
TOM TARNOW DIRECTOR 1.00
Director
$0 $0 $0
MARTHA BURTON SECRETARY 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
2024 No data No data No data No data
2023 $44,045 $63,153 $214,928 $-19,108
2022 $105,792 $110,091 $250,038 $-4,299
2021 $153,486 $141,245 $243,462 $12,241
2020 $55,178 $150,134 $214,266 $-94,956
2019 $286,145 $213,040 $492,320 $73,105
2018 $284,318 $298,504 $264,739 $-14,186
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