everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Grand Center For Arts & Culture Inc

New Ulm, MN / EIN 27-1630618 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201163,37447,51315,8614.0
20121,518,908108,6261,410,282157.722%
20131,079,020183,411895,609152.021%
2014117,454222,319−104,865119.720%
2015414,364251,744162,620113.518%
2016122,456266,602−144,146100.722%
20171,232,554272,897959,657140.626%
20181,006,016286,970719,046163.822%
2019223,744338,228−114,484138.220%
20201,775,461317,3631,458,098219.828%
2021497,999418,56479,435173.229%
2022293,847440,846−146,999142.824%
2023880,4461,327,150−446,70445.87%

In its most recent public year (2023), this organization spent $446,704 more than it brought in. Its reserves stood at about 45.8 months of spending, up from 4 in 2011. Staff pay was 7% of spending. $27,800 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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