NonprofitsSoo Visual Arts Center Inc

Arts, Culture & Humanities

Soo Visual Arts Center Inc

MINNEAPOLIS, MN

Total revenue

$284K

Total expenses

$309K

Net assets

Grants received

$288K

22 grants

EIN

411944443

Tax year

2023

Mission

Soo visual arts center is a nonprofit art space that connects our community with fresh, under-represented and provocative art.

Programs

2 programs

Soo visual arts center in person community programming. Soovac holds workshops, artist talks, panel discussions, and other free community programming for students, artists, educators and the general public. In this fiscal year, we held 6 artist talks, 8 artist led workshops, 10 tours for students or seniors in long term care and 1 artist residency.

Expenses: $29K

Internship program: 6 internships providing experience and mentorship to emerging artists, designers and nonprofit professionals.

Expenses: $7K

Financials

FY 2023

Revenue

Contributions & grants$275K
Program service revenue
Investment income
Other revenue$8K
Total revenue$284K

Expenses

Grants paid
Salaries & benefits$188K
Fundraising$52K
Other expenses$121K
Total expenses$309K
Total assets$81K
Net assets

People

10 listed

NameRoleCompensation

CAROLYN PAYNE

EXECUTIVE DIRECTOR

Board

$66K

40 hrs/wk

MICHAEL KLEBER-DIGGS

BOARD MEMBER

Board

3 hrs/wk

CHERIE SHOQUIST

BOARD MEMBER

Board

3 hrs/wk

SYED HOSAIN

BOARD MEMBER

Board

3 hrs/wk

YIJIA LI

BOARD MEMBER

Board

2 hrs/wk

MARC DAVIS

BOARD MEMBER

Board

3 hrs/wk

JOHN C LEVY

BOARD MEMBER

Board

3 hrs/wk

ALICIA GIBSON

SECRETARY

Board

5 hrs/wk

FRANK GRAZZINI

TREASURER

Board

10 hrs/wk

GRETCHEN GASTERLAND-GUSTAFSSON

BOARD CHAIR

Board

10 hrs/wk

Grants received

Showing 22 of 22

FromAmountPurposeYear
$30K
for general operating support
2024
$13K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2024
$9K
GENERAL SUPPORT
2024
$5K
General & Unrestricted
2024
$30K
For general operating support
2023
$6K
ARTS, CULTURE & HUMANITIES
2023
$20K
For general operating support
2022
$6K
RECOVERY CAPITAL LOAN FORGIVENESS
2022
$2K
GENERAL OPERATIONS OF THE ORGANIZATION
2022
$250
GENERAL OPERATING
2022
$20K
for general operating support
2021
$20K
for general operating support
2021
$771
MATCHING EMPLOYEE DONATION
2021
$20K
For general operating support
2020
$20K
For general operating support
2020
$15K
SOO VISUAL ARTS CENTER SUPPORT ARTIST COMMISSIONS - 422217
2020
$8K
Loan Forgiveness from Equity Builder Loan Program
2020
$4K
TRANSITION FUNDING
2020
$2K
MATCHING EMPLOYEE DONATION
2020
$31K
GENERAL OPERATING SUPPORT
2019
$17K
LOAN FORGIVENESS THROUGH EQUITY BUILDER LOAN PROGRAM AND LOAN FUND EQUITY BUILER INFRASTRUCTURE GRANT
2019
$11K
Loan Fund Equity Builder Infrastructure Grant and loan forgiveness through the Equity Builder Loan Program
2018

Funded by

$288K from 11 funders · 22 grants · 2018–2024

The McKnight Foundation

$160K · 7 grants · 2020–2024

The Minneapolis Foundation

$45K · 2 grants · 2019–2020

Propel Nonprofits

$42K · 4 grants · 2018–2022

Saint Paul & Minnesota Foundation

$13K · 1 grant · 2024

The Buddy Taub Foundation

$9K · 1 grant · 2024

The Tika Foundation

$5K · 1 grant · 2024

Target Foundation

$4K · 1 grant · 2020

Details

EIN411944443
NTEE codeA51
Subsection03
Ruling date1999-09
Formed1999
Employees5
Volunteers35
SOO VISUAL ARTS CENTER INC — Mission, Financials & Grants Received | Grantivo