Public Charity

SOO VISUAL ARTS CENTER INC

SOO VISUAL ARTS CENTER INC, of MINNEAPOLIS, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $284K in revenue, $309K in expenses, $81K in total assets. 8 publicly reported grants to this organization, totaling roughly $106K, appear in IRS filings.

EIN: 411944443 MINNEAPOLIS, MN Latest filing: 2024
Total Revenue$284K
Total Expenses$309K
Total Assets$81K
Grant Records8
Funding Total$106K
Filing Years2020–2024

Mission

SOO VISUAL ARTS CENTER IS A NONPROFIT ART SPACE THAT CONNECTS OUR COMMUNITY WITH FRESH, UNDER-REPRESENTED AND PROVOCATIVE ART.

Sample Grants Received

2024
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
$13,025
2023
ARTS, CULTURE & HUMANITIES
$5,850
2022
RECOVERY CAPITAL LOAN FORGIVENESS
$6,250
2020
SOO VISUAL ARTS CENTER SUPPORT ARTIST COMMISSIONS - 422217
$14,500
2020
Loan Forgiveness from Equity Builder Loan Program
$8,000

Showing up to 5 of 8 total records — full history available with membership.

Officers & Directors

SECRETARY Alicia Gibson
EXECUTIVE DIRECTOR Carolyn Payne
BOARD MEMBER Cherie Shoquist
TREASURER Frank Grazzini
BOARD CHAIR Gretchen Gasterland-Gustafsson
BOARD MEMBER John C Levy

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL OPERATING SUPPORT
$30,600 1 grant
LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM AND LOAN FUND EQUITY BUILER INFRASTRUCTURE GRANT
$16,533 1 grant
SOO VISUAL ARTS CENTER SUPPORT ARTIST COMMISSIONS - 422217
$14,500 1 grant
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
$13,025 1 grant
Loan Fund Equity Builder Infrastructure Grant and loan forgiveness through the Equity Builder Loan Program
$11,467 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $284K $309K $81K
2023 $249K $282K $78K
2022 $255K $256K $68K
2021 $254K $230K $97K
2020 $216K $260K $96K

Between 2020 and 2024, reported annual revenue grew from $216K to $284K (+31%), with total assets most recently reported at $81K.

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

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