Civic Intelligence

Art Works Eagan

990 • Fiscal year 2020 • EIN 81-1235374

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

3795 Pilot Knob RdEagan, MN 55122

(651) 330-4242

Siviq Scores

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

Liabilities / Assets

90th percentile

0.77x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

2.98x

Higher debt load relative to revenue than 95% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

79th percentile

29%

Higher net margin than 79% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

53rd percentile

$6,600

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

54th percentile

8.7%

Faster asset growth than 54% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

71st percentile

15%

Faster revenue growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$695,338

Up $55,593 (+8.7%) from 2019

Net Assets

Up

$163,352

Up $51,804 (+46%) from 2019

Liabilities

Up

$531,986

Up $3,789 (+0.7%) from 2019

Revenue

Up

$178,594

Up $23,725 (+15%) from 2019

Expenses

Up

$126,790

Up $7,602 (+6.4%) from 2019

Net Income

Up

$51,804

Up $16,123 (+45%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2017: $623,177Liabilities 2017: $556,339Net Assets 2017: $66,8382017Assets 2018: $618,421Liabilities 2018: $542,554Net Assets 2018: $75,8672018Assets 2019: $639,745Liabilities 2019: $528,197Net Assets 2019: $111,5482019Assets 2020: $695,338Liabilities 2020: $531,986Net Assets 2020: $163,3522020Assets 2021: $667,423Liabilities 2021: $494,053Net Assets 2021: $173,3702021Assets 2022: $662,164Liabilities 2022: $504,491Net Assets 2022: $157,6732022Assets 2023: $1,170,128Liabilities 2023: $1,200Net Assets 2023: $1,168,9282023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2020

Assets$695,338
Liabilities$531,986
Net Assets$163,352

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2017: $131,811Expenses 2017: $78,625Net Income 2017: $53,1862017Revenue 2018: $117,148Expenses 2018: $108,119Net Income 2018: $9,0292018Revenue 2019: $154,869Expenses 2019: $119,188Net Income 2019: $35,6812019Revenue 2020: $178,594Expenses 2020: $126,790Net Income 2020: $51,8042020Revenue 2021: $136,823Expenses 2021: $126,805Net Income 2021: $10,0182021Revenue 2022: $149,754Expenses 2022: $144,727Net Income 2022: $5,0272022Revenue 2023: $1,198,411Expenses 2023: $187,156Net Income 2023: $1,011,2552023Revenue 2024: $6,765Expenses 2024: $1,175,693Net Income 2024: -$1,168,9282024

Highlighted filing

2020

Revenue$178,594
Expenses$126,790
Net Income$51,804
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$179,947
Mission and Program Overview

Mission

Art works eagan's mission is to enhance the local arts community by connecting working artists, arts organizations and the community in creative gathering spaces.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$591,584$599,667▲ $8,083
Cash and Non-Interest-Bearing Accounts$40,795$91,566▲ $50,771
Intangible Assets$5,858$2,597▼ $3,261
Savings and Temporary Cash Investments$1,508$1,508→ $0
Total Assets$639,745$695,338▲ $55,593
Liabilities
Mortgage Notes Payable Secured by Investment Property$528,197$506,986▼ $21,211
Other Liabilities-$25,000-
Total Liabilities$528,197$531,986▲ $3,789
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$111,548$163,352▲ $51,804
Total Net Assets Fund Balance$111,548$163,352▲ $51,804
Total Liabilities and Net Assets / Fund Balance$639,745$695,338▲ $55,593

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$417,598$44,872$462,470
Land$182,069-$182,069
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Caitlin DowlingDirectorPT$6,600$6,600
Wanda BormanDirectorPT$6,600$6,600
Jerri NeddermeyerNon Voting DPT$6,600$6,600

Board Members and Trustees

NameTitle
Haley HarnagelPresident
Ann WilliamsDirector
Jeff SooyDirector
Jordan BongaartsSecretary
Nicole WatsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$116,523
Program Service Revenue
$52,535
Investment Income
$5
Other Revenue
$9,531
All Other Contributions
$69,463
Change in Net Assets
$51,804
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$106,990
Salaries, Compensation, and Employee Benefits$19,800
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$29,103--$29,103
Comp Disqual Persons-$19,800-$19,800
Occupancy$19,462--$19,462
Depreciation Depletion$17,215--$17,215
Insurance$5,694--$5,694
Fees for Services Legal$4,922--$4,922
Fees for Services Accounting-$1,736-$1,736
Office Expenses-$1,072-$1,072
Advertising$779--$779
Other Expenses$710--$710
All Other Expenses$599--$599
Total Functional Expenses$104,182$22,608$0$126,790
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,884
Fundraising Direct Expenses$1,353
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Eidl Loan$25,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the board before filed.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Art Works Eagan
EIN
81-1235374
Phone
6513304242
Address
3795 PILOT KNOB RD, EAGAN, MN 55122

Signing Officer

Name
Haley Harnagel
Title
President
Phone
6513304242
Signed
2021-11-15

Organization Details

Principal Officer
Haley Harnagel
Formed
2016
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
5
Employees
0
Volunteers
20

Preparer

Firm
Nelson Cpas LLC
Address
100 BRIDGEPOINT DRIVE STE 120, SOUTH SAINT PAUL, MN 55075
Preparer
David Lindgren CPA
Phone
6514554621
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Art works eagan provides working studio space for up to 34 artists. They also have a gallery where exhibitions are held for both works of art and performing arts. These include artist events, exhibit openings, performances, workshops, collaborative art experiences, and fundraisers. Most events have been free and open to the public. Several fundraising events have required reduced cost ticket purchase. Art works also has been part of city-wide art events. Art works additionally has nearly 100 regular users - none of whom pay any fees whatsoever - who access the gallery and other areas of the building on a regular basis. These users include members of the weekly knitting group and other members of the general public who work, relax, meet friends or otherwise frequent art works' facility regularly. Art works also offers regular meeting space, access to office supplies, equipment and storage to several other nonprofit organizations. Through events hosted by its member organizations and other groups, art works has provided a creative experience for many visitors to its facility, all of whom have access to the current exhibit during their events. On average, art works has had over 10,000 'door revolutions' per year - equivalent to approximately 10,000 instances of free or reduced costs services being provided to artists, the community and the general public. Additionally, art works has a dedicated, general public volunteer force of 130 individuals who log an average of 76 hours per month.

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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0151388
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt014
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0588891
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0179942
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0157279
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0119861
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0131809
IRS990ScheduleA/Total509Grp/TotalAmt0588891
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0179947
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0157284
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0119863
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0131811
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0588905
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0182069
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0182069
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0417598
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt044872
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0462470
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt025000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SBA EIDL LOAN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0599667
IRS990ScheduleD/TotalLiabilityAmt025000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ART WORKS EAGAN PROVIDES WORKING STUDIO SPACE FOR UP TO 34 ARTISTS. THEY ALSO HAVE A GALLERY WHERE EXHIBITIONS ARE HELD FOR BOTH WORKS OF ART AND PERFORMING ARTS. THESE INCLUDE ARTIST EVENTS, EXHIBIT OPENINGS, PERFORMANCES, WORKSHOPS, COLLABORATIVE ART EXPERIENCES, AND FUNDRAISERS. MOST EVENTS HAVE BEEN FREE AND OPEN TO THE PUBLIC. SEVERAL FUNDRAISING EVENTS HAVE REQUIRED REDUCED COST TICKET PURCHASE. ART WORKS ALSO HAS BEEN PART OF CITY-WIDE ART EVENTS. ART WORKS ADDITIONALLY HAS NEARLY 100 REGULAR USERS - NONE OF WHOM PAY ANY FEES WHATSOEVER - WHO ACCESS THE GALLERY AND OTHER AREAS OF THE BUILDING ON A REGULAR BASIS. THESE USERS INCLUDE MEMBERS OF THE WEEKLY KNITTING GROUP AND OTHER MEMBERS OF THE GENERAL PUBLIC WHO WORK, RELAX, MEET FRIENDS OR OTHERWISE FREQUENT ART WORKS' FACILITY REGULARLY. ART WORKS ALSO OFFERS REGULAR MEETING SPACE, ACCESS TO OFFICE SUPPLIES, EQUIPMENT AND STORAGE TO SEVERAL OTHER NONPROFIT ORGANIZATIONS. THROUGH EVENTS HOSTED BY ITS MEMBER ORGANIZATIONS AND OTHER GROUPS, ART WORKS HAS PROVIDED A CREATIVE EXPERIENCE FOR MANY VISITORS TO ITS FACILITY, ALL OF WHOM HAVE ACCESS TO THE CURRENT EXHIBIT DURING THEIR EVENTS. ON AVERAGE, ART WORKS HAS HAD OVER 10,000 'DOOR REVOLUTIONS' PER YEAR - EQUIVALENT TO APPROXIMATELY 10,000 INSTANCES OF FREE OR REDUCED COSTS SERVICES BEING PROVIDED TO ARTISTS, THE COMMUNITY AND THE GENERAL PUBLIC. ADDITIONALLY, ART WORKS HAS A DEDICATED, GENERAL PUBLIC VOLUNTEER FORCE OF 130 INDIVIDUALS WHO LOG AN AVERAGE OF 76 HOURS PER MONTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE BOARD BEFORE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0639745
IRS990/TotalAssetsEOYAmt0695338
IRS990/TotalAssetsGrp/BOYAmt0639745
IRS990/TotalAssetsGrp/EOYAmt0695338
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0116523
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt022608
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0104182
IRS990/TotalFunctionalExpensesGrp/TotalAmt0126790
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0528197
IRS990/TotalLiabilitiesEOYAmt0531986
IRS990/TotalLiabilitiesGrp/BOYAmt0528197
IRS990/TotalLiabilitiesGrp/EOYAmt0531986
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0111548
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0163352
IRS990/TotalProgramServiceExpensesAmt0104182
IRS990/TotalProgramServiceRevenueAmt052535
IRS990/TotalReportableCompFromOrgAmt019800
IRS990/TotalRevenueGrp/ExclusionAmt062071
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0178594
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0639745
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0695338
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.ARTWORKSEAGAN.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HALEY HARNAGEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06513304242
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ART WORKS EAGAN
ReturnHeader/Filer/BusinessNameControlTxt0ARTW
ReturnHeader/Filer/EIN0811235374
ReturnHeader/Filer/PhoneNum06513304242
ReturnHeader/Filer/USAddress/AddressLine1Txt03795 PILOT KNOB RD
ReturnHeader/Filer/USAddress/CityNm0EAGAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055122
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0821895293
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NELSON CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 BRIDGEPOINT DRIVE STE 120
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOUTH SAINT PAUL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055075
ReturnHeader/PreparerPersonGrp/PhoneNum06514554621
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID LINDGREN CPA
ReturnHeader/ReturnTs02021-11-15T10:47:21-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HALEY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HARNAGEL
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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