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METROPOLITAN REGIONAL ARTS COUNCIL
METROPOLITAN REGIONAL ARTS COUNCIL
ST. PAUL, MN, US
•
a.k.a
MRAC (Em-Rack)
•
501(c)(3)
•
EIN
41-1684647
•
WWW.MRAC.ORG
•
Women Led
BIPOC Led
METROPOLITAN REGIONAL ARTS COUNCIL
ST. PAUL, MN, US
•
a.k.a
MRAC (Em-Rack)
•
501(c)(3)
•
EIN
41-1684647
•
WWW.MRAC.ORG
•
Women Led
BIPOC Led
Overview
Programs
990s
Income Statement
Balance Sheet
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Grants Received
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Balance Sheet
Fiscal Year Start:
Jul 1
Assets in
2025
(Year End)
$863,238
Cash & Equivalents
88%
Investments
12%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in
2025
(Year End)
$135,227
Grants Payable
75%
Payables & Accruals
13%
Other Liabilities
12%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$607,309
$756,697
+25%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$21,729
$0
-100%
Investments
$101,007
$106,541
+5%
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
-
-
-
Total Assets
$730,045
$863,238
+18%
Liabilities
2024
2025
Change
Payables & Accruals
$19,141
$17,972
-6%
Grants Payable
$65,950
$101,000
+53%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$0
$16,255
-
Total Liabilities
$85,091
$135,227
+59%
Net assets
2024
2025
Change
Restricted Net Assets
$283,965
$300,000
+6%
Unrestricted Net Assets
$360,989
$428,011
+19%
Net assets
2024
2025
Change
Net assets
+$644,954
+$728,011
+13%
Balance Sheet