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NORTHWEST MINNESOTA ARTS COUNCIL

NORTHWEST MINNESOTA ARTS COUNCIL

Warren, MN, US
501(c)3
EIN
80-0404694
Regional Funder
funder logo

NORTHWEST MINNESOTA ARTS COUNCIL

Warren, MN, US
501(c)3
EIN
80-0404694
Regional Funder

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)

$208,608

Cash & Equivalents
97%
Prepaid Expenses
3%
Property, Plant, & Equipment (net)
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2025 (Year End)

$161,354

Deferred Revenue
61%
Payables & Accruals
28%
Other Liabilities
8%
Grants Payable
3%
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
$193,643
$202,263
+4%
Receivables (Non-Related)
$10
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$12,210
$6,115
-50%
Investments
-
-
-
Property, Plant, & Equipment (net)
$384
$230
-40%
Other Assets
-
-
-
Total Assets
$206,247
$208,608
+1%
Liabilities
2024
2025
Change
Payables & Accruals
-
$44,719
-
Grants Payable
$18,820
$5,000
-73%
Deferred Revenue
$137,922
$98,117
-29%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$15,483
$13,518
-13%
Total Liabilities
$172,225
$161,354
-6%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$34,022
$47,254
+39%
Net assets
2024
2025
Change
Net assets
+$34,022
+$47,254
+39%
Balance Sheet
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