Civic Intelligence

Bloomington Fine Arts Council

990EZ • Fiscal year 2021 • EIN 41-1419532

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 04, 2022

Organization Profilewww.bloomingtonfinearts.com
1800 Old Shakopee RoadMinneapolis, MN 55431-3071

(952) 563-8567

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

19th percentile

-21%

Higher net margin than 19% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

39th percentile

-0.3%

Faster asset growth than 39% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

65th percentile

27%

Faster revenue growth than 65% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$63,215

Down $184 (-0.3%) from 2020

Net Assets

Down

$63,215

Down $184 (-0.3%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin19th percentile

Revenue

Up

$888

Up $187 (+27%) from 2020

Expenses

Down

$1,072

Down $790 (-42%) from 2020

Net Income

Up

-$184

Up $977 (+84%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$150K$100K$50K$0Assets 2010: $129,737Net Assets 2010: $129,7372010Assets 2011: $111,728Net Assets 2011: $111,7282011Assets 2012: $97,683Net Assets 2012: $97,6832012Assets 2013: $94,855Liabilities 2013: $0Net Assets 2013: $94,8552013Assets 2014: $90,626Liabilities 2014: $0Net Assets 2014: $90,6262014Assets 2015: $80,136Liabilities 2015: $200Net Assets 2015: $79,9362015Assets 2016: $78,142Liabilities 2016: $0Net Assets 2016: $78,1422016Assets 2017: $75,120Liabilities 2017: $0Net Assets 2017: $75,1202017Assets 2018: $68,743Liabilities 2018: $0Net Assets 2018: $68,7432018Assets 2019: $64,560Liabilities 2019: $0Net Assets 2019: $64,5602019Assets 2020: $63,399Liabilities 2020: $0Net Assets 2020: $63,3992020Assets 2021: $63,215Liabilities 2021: $0Net Assets 2021: $63,2152021Assets 2023: $22,539Liabilities 2023: $18,668Net Assets 2023: $3,8712023Assets 2024: $21,632Liabilities 2024: $18,668Net Assets 2024: $2,9642024

Highlighted filing

2021

Assets$63,215
Liabilities$0
Net Assets$63,215
Open 2021 Filing

Operations Trend

Revenue Growth65th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $135,967Expenses 2010: $145,947Net Income 2010: -$9,9802010Revenue 2011: $14,865Expenses 2011: $32,874Net Income 2011: -$18,0092011Revenue 2012: $5,234Expenses 2012: $13,636Net Income 2012: -$8,4022012Revenue 2013: $5,773Expenses 2013: $8,601Net Income 2013: -$2,8282013Revenue 2014: $4,194Expenses 2014: $8,423Net Income 2014: -$4,2292014Revenue 2015: $2,519Expenses 2015: $13,209Net Income 2015: -$10,6902015Revenue 2016: $1,126Expenses 2016: $2,920Net Income 2016: -$1,7942016Revenue 2017: $1,209Expenses 2017: $4,231Net Income 2017: -$3,0222017Revenue 2018: $1,200Expenses 2018: $7,577Net Income 2018: -$6,3772018Revenue 2019: $2,653Expenses 2019: $6,836Net Income 2019: -$4,1832019Revenue 2020: $701Expenses 2020: $1,862Net Income 2020: -$1,1612020Revenue 2021: $888Expenses 2021: $1,072Net Income 2021: -$1842021Revenue 2023: $1,073Expenses 2023: $3,016Net Income 2023: -$1,9432023Revenue 2024: $7Expenses 2024: $914Net Income 2024: -$9072024

Highlighted filing

2021

Revenue$888
Expenses$1,072
Net Income-$184
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 4, 2022
Return Version
2021v4.2
Gross Receipts
$888
Mission and Program Overview

Mission

Promote Art Appreciation and Education

Program Services

DescriptionGrantsExpenses
Member organization were promoted and supported in their effors to provide fine arts in the community.-$1,072
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Genevieve SpoonerVice President-$0--
Audrey RiddleMember At Large-$0--
Filing and Contact Details

Filer

Filer Name
Bloomington Fine Arts Council
EIN
41-1419532
Address
1800 Old Shakopee Road, Minneapolis, MN 55431-3071

Signing Officer

Name
Genevieve Spooner
Title
Vice President
Phone
9525638567
Signed
2022-06-04
Discuss with paid preparer
Yes

Preparer

Firm
Working HAT Accounting LLC
Address
11008 Irwin Ave S, Bloomington, MN 55437
Preparer
Holley Thompson
Phone
9522103367
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountInterest Income 1”

Description of other expenses Part I line 16

“Description AmountPubilicity 11Association Dues 175Depreciation 886”

Description of other assets Part II line 24

“Category Beginning of Year End of YearOther Assets 37,448 37,848”

Raw XML Appendix135 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Holley Thompson
IRS990EZ/BooksInCareOfDetail/PhoneNum09525638567
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011008 Irwin Ave S
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Bloomington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055437
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt016101
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016403
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0887
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-184
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt063399
IRS990EZ/Form990TotalAssetsGrp/EOYAmt063215
IRS990EZ/GrossReceiptsAmt0888
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt09850
IRS990EZ/LandAndBuildingsGrp/EOYAmt08964
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt063399
IRS990EZ/NetAssetsOrFundBalancesEOYAmt063215
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt063399
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt063215
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Genevieve Spooner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Audrey Riddle
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Member at Large
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt037448
IRS990EZ/OtherAssetsTotalDetail/EOYAmt037848
IRS990EZ/OtherExpensesTotalAmt01072
IRS990EZ/OtherRevenueTotalAmt01
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Promote Art Appreciation and Education
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Member organization were promoted and supported in their effors to provide fine arts in the community.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01072
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01072
IRS990EZ/TotalProgramServiceExpensesAmt01072
IRS990EZ/TotalRevenueAmt0888
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0www.bloomingtonfinearts.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0887
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01196
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01198
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06631
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt020
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99700
IRS990ScheduleA/PublicSupportPY170Pct00.98780
IRS990ScheduleA/PublicSupportTotal170Amt06631
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0887
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02650
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01196
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01198
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06631
IRS990ScheduleA/TotalSupportAmt06651
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountInterest Income 1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountPubilicity 11Association Dues 175Depreciation 886
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearOther Assets 37,448 37,848
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Genevieve Spooner
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/PhoneNum09525638567
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bloomington Fine Arts Council
ReturnHeader/Filer/BusinessNameControlTxt0BLOO
ReturnHeader/Filer/EIN0411419532
ReturnHeader/Filer/USAddress/AddressLine1Txt01800 Old Shakopee Road
ReturnHeader/Filer/USAddress/CityNm0Minneapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd0554313071
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274565165
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Working HAT Accounting LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011008 Irwin Ave S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bloomington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055437
ReturnHeader/PreparerPersonGrp/PhoneNum09522103367
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Holley Thompson
ReturnHeader/ReturnTs02022-06-04T11:29:09-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Genevieve
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Spooner
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$63,215
Liabilities
$0
Net assets
$63,215
Revenue
$888
Expenses
$1,072
Net income
-$184
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.22$0.19$0.03$0.00$0.01$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.23$0.19$0.04$0.01$0.03$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.01$0.01$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.01$0.02$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.03$0.07$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.01$0.08$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$0.01$0.04$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.01$0.03$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.03$0.13$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.04$0.08$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.06$0.09$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.98$0.05$0.14$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$1.12$0.15$0.33$0.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$1.30$1.36$1.46$0.10
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • <$500k nonprofits