Civic Intelligence

Owatonna Arts Center Foundation

EIN 55-0834856 • 501(c)3 • Owatonna, MN

Profile

Provide financial support to the owatonna arts center to allow it to pursue its mission in the owatonna community and surrounding area.

435 Garden View LaneOwatonna, MN 55060

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

88th percentile

45%

Higher net margin than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

82nd percentile

33%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

148%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$230,383

Up $57,440 (+33%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$230,383

Up $57,440 (+33%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin88th percentile

Revenue

Up

$126,514

Up $75,451 (+148%) from 2023

Expenses

Up

$69,074

Up $31,934 (+86%) from 2023

Net Income

Up

$57,440

Up $43,517 (+313%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth82nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $3,083Liabilities 2011: $0Net Assets 2011: $3,0832011Assets 2022: $159,020Liabilities 2022: $0Net Assets 2022: $159,0202022Assets 2023: $172,943Liabilities 2023: $0Net Assets 2023: $172,9432023Assets 2024: $230,383Liabilities 2024: $0Net Assets 2024: $230,3832024

Highlighted filing

2024

Assets$230,383
Liabilities$0
Net Assets$230,383
Open 2024 Filing

Operations Trend

Revenue Growth94th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $41,061Expenses 2011: $52,440Net Income 2011: -$11,3792011Revenue 2022: $57,902Expenses 2022: $1,000Net Income 2022: $56,9022022Revenue 2023: $51,063Expenses 2023: $37,140Net Income 2023: $13,9232023Revenue 2024: $126,514Expenses 2024: $69,074Net Income 2024: $57,4402024

Highlighted filing

2024

Revenue$126,514
Expenses$69,074
Net Income$57,440
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$230,383
Liabilities
$0
Net assets
$230,383
Revenue
$126,514
Expenses
$69,074
Net income
$57,440
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$1.27$0.69$0.57
2023Detailed filing. Detailed filing data is available for this year.$1.73$0.00$1.73$0.51$0.37$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.59$0.58$0.01$0.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.41$0.52$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jan 15, 2025
Return Version
2023v6.0
Gross Receipts
$126,514
Mission and Program Overview

Mission

Provide financial support to the owatonna arts center to allow it to pursue its mission in the owatonna community and surrounding area.

Program Services

DescriptionGrantsExpenses
PROVIDE FINANCIAL SUPPORT TO THE OWATONNA ARTS CENTER TO ALLOW IT TO PURSUE ITS MISSION IN THE OWATONNA COMMUNITY AND SURROUNDING AREA.$60,009$60,009
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID EFFERTZChair-$0--
CATHERINE BROWN FURNESSVice Chair-$0--
GREGG DRAEGERTreasurer-$0--
SUE TUMATrustee-$0--
BETH DECOUXTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Owatonna Arts Center Foundation
EIN
55-0834856
Phone
5073631905
Address
435 GARDEN VIEW LANE, OWATONNA, MN 55060

Signing Officer

Name
David Effertz
Title
President
Phone
5073631905
Signed
2025-01-15
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
2689 COMMERCE DRIVE NW SUITE 201, ROCHESTER, MN 55901
Preparer
Katherine Lutzke CPA
Phone
5072802300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 634.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: grant. Grantee name: owatonna arts center. Grantee address: po box 134 owatonna, mn 55060. Date of gift: 08/30/24. Amount given: 57,209.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: miscellaneous. Amount: 7,002.”

Raw XML Appendix164 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/USAddress/CityNm0OWATONNA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID EFFERTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CATHERINE BROWN FURNESS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GREGG DRAEGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SUE TUMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BETH DECOUX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt07002
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE FINANCIAL SUPPORT TO THE OWATONNA ARTS CENTER TO ALLOW IT TO PURSUE ITS MISSION IN THE OWATONNA COMMUNITY AND SURROUNDING AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE FINANCIAL SUPPORT TO THE OWATONNA ARTS CENTER TO ALLOW IT TO PURSUE ITS MISSION IN THE OWATONNA COMMUNITY AND SURROUNDING AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt060009
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt0126514
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0125880
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt050861
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt057869
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt059796
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0111009
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0405415
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0405415
IRS990ScheduleA/TotalSupportAmt0406327
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 634.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: GRANT. GRANTEE NAME: OWATONNA ARTS CENTER. GRANTEE ADDRESS: PO BOX 134 OWATONNA, MN 55060. DATE OF GIFT: 08/30/24. AMOUNT GIVEN: 57,209.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: MISCELLANEOUS. AMOUNT: 7,002.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID EFFERTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05073631905
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OWATONNA ARTS CENTER FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0OWAT
ReturnHeader/Filer/EIN0550834856
ReturnHeader/Filer/PhoneNum05073631905
ReturnHeader/Filer/USAddress/AddressLine1Txt0435 GARDEN VIEW LANE
ReturnHeader/Filer/USAddress/CityNm0OWATONNA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055060
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055901
ReturnHeader/PreparerPersonGrp/PhoneNum05072802300
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHERINE LUTZKE CPA
ReturnHeader/ReturnTs02025-01-15T15:56:12-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-09-01
ReturnHeader/TaxPeriodEndDt02024-08-31
ReturnHeader/TaxYr02023

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