Logo for "Arts Midwest Incorporated"

Arts Midwest Incorporated

Arts Midwest Incorporated

Minneapolis, MN, US
a.k.a Arts Midwest
501(c)(3)
EIN
41-1000424
Women Led
BIPOC Led
LGBTQ+ Led
Logo for "Arts Midwest Incorporated"

Arts Midwest Incorporated

Minneapolis, MN, US
a.k.a Arts Midwest
501(c)(3)
EIN
41-1000424
Women Led
BIPOC Led
LGBTQ+ Led

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2025

$7,118,776

Government Grants
80%
Contributions
9%
Program Services
5%
Investments
4%
Other
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025

$9,565,787

Grants
59%
Salaries & Benefits
25%
Fees to Service Providers
9%
Other
5%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$1,379,165
$613,713
-56%
Government Grants
$5,183,168
$5,680,021
+10%
Fundraising Events
$0
$0
-
Program Services
$390,657
$368,480
-6%
Membership Dues
$0
$0
-
Investments
$354,226
$317,005
-11%
Other
$31,493
$139,557
+343%
Total Revenues
$7,338,709
$7,118,776
-3%
Expenses
2024
2025
Change
Grants
$2,650,612
$5,643,782
+113%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,228,025
$2,351,600
+6%
Fees to Service Providers
$769,367
$828,813
+8%
Advertising & Promotion
$72,264
$75,875
+5%
Offices, Occupancy & IT
$372,594
$187,138
-50%
Interest
$0
$0
-
Depreciation
$17,247
$17,247
+0%
Other
$363,509
$461,332
+27%
Total Expenses
$6,473,618
$9,565,787
+48%
Net income
2024
2025
Change
Net income
+$865,091
-$2,447,011
-383%
Functional Expenses
Summary
2024
2025
Change
Program
$4,723,412
$7,807,853
+65%
Admin
$1,489,026
$1,504,078
+1%
Fundraising
$261,180
$253,856
-3%
Total Expenses
$6,473,618
$9,565,787
+48%
Income Statement
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