Public Charity

ARETE ACADEMY

ARETE ACADEMY is a nonprofit organization categorized as Public Charity based in MINNETONKA, MN. Its most recent IRS filing (2024) reports revenue of $608K, expenses of $698K, total assets of $536K. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $83K.

EIN: 465681606 MINNETONKA, MN Latest filing: 2024
Total Revenue$608K
Total Expenses$698K
Total Assets$536K
Grant Records8
Funding Total$83K
Filing Years2020–2024

Mission

ARETE ACADEMY OF EXCEPTIONAL EDUCATION IS COMMITTED TO PARTNERING WITH STUDENTS, PARENTS, AND THE COMMUNITY TO PROVIDE A NURTURING ENVIRONMENT FOR GIFTED STUDENTS WHO LEARN DIFFERENTLY. AT ARETE, EACH STUDENT'S UNIQUE GIFTS ARE RECOGNIZED AND CELEBRATED, AND THEIR LEARNING DIFFERENCES ARE ACCEPTED AND SUPPORTED. STUDENTS EXPERIENCE A SENSE OF BELONGING AND BUILD SELF-ESTEEM THROUGH PROGRAMMING FOCUSED ON STRENGTH-BASED LEARNING, FLEXIBILITY, EDUCATIONAL TECHNOLOGY, AND A COMMITMENT TO EMBRACING THE WHOLE CHILD. WE STRIVE TO MEET EACH STUDENT'S ACADEMIC, SOCIAL AND EMOTIONAL NEEDS TO ENCOURAGE THEM TO REACH THEIR FULL POTENTIAL AND APPLY THEIR GIFTS TO MAKE LASTING CONTRIBUTIONS TO THEIR COMMUNITY.

Officers & Directors

STAFF SECRETARY Anne Dunningan
BOARD MEMBER Blake Schmidt
SECRETARY Chrissy Burnside
TREASURER Diane Spangler
BOARD MEMBER Erica Bugenhagen
ASSISTANT DIRECTOR Jamie M Teigen

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$44,647 4 grants
EDUCATION
$15,000 1 grant
UNRESTRICTED
$9,320 1 grant
For grant recipient's exempt purposes
$9,173 1 grant
PROGRAMS
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $608K $698K $536K
2023 $556K $568K $617K
2022 $599K $622K $638K
2021 $1.0M $628K $768K
2020 $780K $706K $385K

Between 2020 and 2024, reported annual revenue declined from $780K to $608K (-22%), with total assets most recently reported at $536K.

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

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