Midwest Art Conservation Center Inc.

990 • Fiscal year 2013 • EIN 41-1312834

Jul 01, 2012 to Jun 30, 2013 • Filed on Nov 11, 2013

Organization Profile WWW.PRESERVEART.ORG

2400 Third Ave SouthMinneapolis, MN 55404

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.10x

Higher debt load relative to assets than 47% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

0.06x

Higher debt load relative to revenue than 40% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

9.0%

Higher net margin than 65% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

No value available

This filing does not contain officer compensation rows.

Source year 2013

13%

Faster asset growth than 76% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet

Liabilities / Assets47th percentile

Assets

$745,786

Up $88,581 (+13%) from 2012

Net Assets

$674,685

Up $100,684 (+18%) from 2012

Liabilities

Down

$71,101

Down $12,103 (-15%) from 2012

Revenue And Expenses

Liabilities / Revenue40th percentile Net Margin65th percentile

Revenue

$1,122,816

No earlier filing loaded for comparison.

Expenses

$1,022,132

Up $3,712 (+0.4%) from 2012

Net Income

$100,684

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2013

Assets$745,786

Liabilities$71,101

Net Assets$674,685

Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2013

Revenue$1,122,816

Expenses$1,022,132

Net Income$100,684

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2012 to Jun 30, 2013
Signed: Nov 11, 2013
Return Version: 2012v2.1
Gross Receipts: $1,122,816

Mission and Program Overview

Mission

Midwest art conservation center inc is a nonprofit regional center for the preservation and conservation of art and artifacts providing treatment, education, and training for museums, historical societies, libraries, other cultural institutions and the public.

Major Activities

Activity 2: Preservation services:preservations services - consists of outreach programming providing cultural repositories with collection assessments, evaluations, mentorships, education, training, and emergency response services along with monitoring equipment for loans. Hundreds of collecting institutions' staff members throughout the midwest and beyond attend workshops and receive collections care instruction each year. Over 7,000 inquiries on collection related issues are handled each year.public programming - includes tours, workshops and presentations to inform, teach and build appreciation for the importance and challenges of preserving the physical elements of cultural heritage. Macc holds regular tours of its facility and provides lectures on conservation for museums and other collecting institutions, and more recently, for high school audiences.

Filing and Contact Details

Filer

EIN: 41-1312834

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IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus1Year	0	1772
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years	0	2103
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years	0	4221
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years	0	4450
IRS990ScheduleA/InvestmentIncomeAndUBTI/Total	0	13922
IRS990ScheduleA/InvestmentIncomePercentage	0	0.00250
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus4Years	0	67533
IRS990ScheduleA/OtherIncome509/Total	0	67533
IRS990ScheduleA/PriorYearSupportPercentage	0	0.82860
IRS990ScheduleA/PriorYrInvestIncomePercentage	0	0.00420
IRS990ScheduleA/PubliclySupportedOrg509a2	0	X
IRS990ScheduleA/PublicSupportPercentage509	0	0.98530
IRS990ScheduleA/PublicSupportTotal509	0	5459261
IRS990ScheduleA/SupportFromDQPsEtc/Total	0	0
IRS990ScheduleA/ThirtyThreePercntTestsCY509	0	X
IRS990ScheduleA/Total509/CurrentTaxYear	0	1121440
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year	0	1023704
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years	0	1033848
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years	0	1109456
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years	0	1170813
IRS990ScheduleA/Total509/Total	0	5459261
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear	0	1122816
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year	0	1025476
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years	0	1035951
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years	0	1113677
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years	0	1242796
IRS990ScheduleA/TotalSupportTotal/Total	0	5540716
IRS990ScheduleB/ContributorInfo/AggregateContributions	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber	0	RESTRICTED
IRS990/ScheduleBRequired	0	1
IRS990ScheduleD/BoardDesignatedEOYBalance	0	0.00000
IRS990ScheduleD/CurrentYear/BeginningOfYearBalance	0	25000
IRS990ScheduleD/CurrentYear/EndOfYearBalance	0	25000
IRS990ScheduleD/CurrentYear/InvestmentEarningsOrLosses	0	112
IRS990ScheduleD/CurrentYearMinus1Year/BeginningOfYearBalance	0	25000
IRS990ScheduleD/CurrentYearMinus1Year/EndOfYearBalance	0	25000
IRS990ScheduleD/CurrentYearMinus1Year/InvestmentEarningsOrLosses	0	145
IRS990ScheduleD/CurrentYearMinus1Year/OtherExpenditures	0	145
IRS990ScheduleD/CurrentYearMinus2Years/BeginningOfYearBalance	0	25000
IRS990ScheduleD/CurrentYearMinus2Years/EndOfYearBalance	0	25000
IRS990ScheduleD/CurrentYear/OtherExpenditures	0	112
IRS990ScheduleD/EndowmentsHeldByRelatedOrgs	0	0
IRS990ScheduleD/EndowmentsHeldByUnrelatedOrgs	0	0
IRS990ScheduleD/Equipment/BookValue	0	488
IRS990ScheduleD/Equipment/Depreciation	0	108561
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis	0	109049
IRS990ScheduleD/ExpensesNotRptdF990	0	0
IRS990ScheduleD/ExpensesNotRptdOnFinStmt	0	0
IRS990ScheduleD/ExpensesSubtotal	0	1022132
IRS990ScheduleD/FootnoteInPartXIII	0	X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation	0	THE ENDOWMENT FUND IS TO BENEFIT THE ORGANIZATION FOR CONSERVATION TRAINING, GRADUATE FELLOWSHIPS, STAFF DEVELOPMENT, RESEARCH, AND PUBLICATIONS. THE ENDOWMENT IS CONSIDERED A PERMANENTLY RESTRICTED ASSET SUBJECT TO DONOR-IMPOSED STIPULATIONS THAT THEY BE MAINTAINED PERMANENTLY BY THE ORGANIZATION. GENERALLY, THE DONOR OF THESE ASSETS PERMIT THE ORGANIZATION TO USE ALL OR PART OF THE INCOME EARNED ON ANY RELATED INVESTMENTS FOR GENERAL OR SPECIFIC PURPOSES. THE ORGANIZATION'S INVESTMENT POLICY SEEKS TO PRESERVE THE PRINCIPAL AMOUNT OF THE ENDOWMENT ASSETS. TO ACHIEVE THEIR INVESTMENT GOAL, THE ORGANIZATION INVESTS AND HOLDS THE ENDOWMENT AS CASH OR CASH EQUIVALENTS WITH THE OTHER ORGANIZATION FUNDS. INTEREST EARNED IS AVAILABLE FOR UNRESTRICTED CONSERVATION TRAINING, GRADUATE FELLOWSHIPS, STAFF DEVELOPMENT, RESEARCH, AND PUBLICATIONS.

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Filings

Displayed year

2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $745,786
Liabilities: $71,101
Net assets: $674,685
Revenue: $1,122,816
Expenses: $1,022,132
Net income: $100,684

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$3.47	$0.75	$2.72	$2.18	$2.16	$0.02
2024Detailed filing. Detailed filing data is available for this year.	$3.53	$0.82	$2.71	$2.19	$2.02	$0.16
2023Detailed filing. Detailed filing data is available for this year.	$2.80	$0.27	$2.53	$2.68	$2.22	$0.45
2022Detailed filing. Detailed filing data is available for this year.	$2.13	$0.17	$1.96	$1.80	$1.64	$0.16
2021Detailed filing. Detailed filing data is available for this year.	$2.24	$0.29	$1.95	$1.45	$1.42	$0.03
2020Detailed filing. Detailed filing data is available for this year.	$2.00	$0.25	$1.75	$1.14	$1.29	$0.16
2019Detailed filing. Detailed filing data is available for this year.	$2.05	$0.08	$1.97	$1.33	$1.27	$0.06
2018Detailed filing. Detailed filing data is available for this year.	$1.93	$0.04	$1.90	$2.20	$1.30	$0.90
2017Detailed filing. Detailed filing data is available for this year.	$1.00	$0.03	$0.97	$1.26	$1.22	$0.04
2016Detailed filing. Detailed filing data is available for this year.	$1.07	$0.15	$0.92	$1.27	$1.20	$0.07
2015Detailed filing. Detailed filing data is available for this year.	$0.95	$0.11	$0.84	$1.08	$1.03	$0.04
2014Detailed filing. Detailed filing data is available for this year.	$0.88	$0.07	$0.81	$1.13	$1.00	$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.75	$0.07	$0.67	$1.12	$1.02	$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.66	$0.08	$0.57		$1.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.61	$0.04	$0.57		$1.00