Public Charity

LANESBORO ARTS CENTER

LANESBORO ARTS CENTER, of LANESBORO, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $472K in revenue, $442K in expenses, $807K in total assets. 10 publicly reported grants to this organization, totaling roughly $566K, appear in IRS filings.

EIN: 411731338 LANESBORO, MN Visual Arts NTEE: A40 Latest filing: 2024
Total Revenue$472K
Total Expenses$442K
Total Assets$807K
Grant Records10
Funding Total$566K
Filing Years2019–2024

Mission

LANESBORO ARTS CENTER SERVES AS A REGIONAL CATALYST FOR ARTISTIC EXCELLENCE AND EDUCATIONAL DEVELOPMENT IN PROVIDING DIVERSE ART EXPERIENCES FOR PEOPLE OF ALL AGES.

Where $100 goes at Lanesboro Arts Center

How Lanesboro Arts Center divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$74 Programs the work itself
$19 Management running the organization
$7 Fundraising raising the next dollar

Inside the $74 for programs

$74
Lanesboro arts continued to activate the people and places of Lanesboro in 2024 through its outreach and engagement initiatives, including: art in the park annual fine art festival…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
ACHF: PROGRAMMING GRANT
$10,000
2023
ACHF: PROGRAMMING GRANT
$10,000
2022
ACHF: PROGRAMMING GRANT
$10,000
2021
ACHF: PANDEMIC RELIEF AND PROGRAMMING GRANT
$10,000
2020
ACHF: PRODUCTION GRANT
$6,000

Showing up to 5 of 10 total records — full history available with membership.

Officers & Directors

DIRECTOR Akiko Ostlund
DIRECTOR Becky Damron
DIRECTOR Cecilia Cornejo
DIRECTOR Jennifer Johnson
TREASURER John Torgrimson
EXECUTIVE DI Kara Maloney

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$556,000 7 grants
Health & Medicine
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $472K $442K $807K
2023 $383K $492K $782K
2022 $338K $422K $892K
2020 $293K $352K $911K
2019 $342K $391K $992K

Between 2019 and 2024, reported annual revenue grew from $342K to $472K (+38%), with total assets most recently reported at $807K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for LANESBORO ARTS CENTER

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