Civic Intelligence

Truartspeaks

EIN 82-4061997 • 501(c)3 • St Paul, MN

Pub. 78 EligibleNTEE A25

Profile

To cultivate literacy, leadership, and social justice through the study & application of spoken word and hip hop culture.

2642 University Ave W 140St Paul, MN 55114

www.truartspeaks.org

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$220,702

Up $31,216 (+16%) from 2023

Liabilities

Up

$6,582

Up $588 (+9.8%) from 2023

Net Assets

Up

$214,120

Up $30,628 (+17%) from 2023

Operations

Revenue

Down

$320,395

Down $81,487 (-20%) from 2023

Expenses

Up

$270,922

Up $815 (+0.3%) from 2023

Net Income

Down

$49,473

Down $82,302 (-62%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2021: $39,535Liabilities 2021: $0Net Assets 2021: $39,5352021Assets 2022: $56,759Liabilities 2022: $6,653Net Assets 2022: $50,1062022Assets 2023: $189,486Liabilities 2023: $5,994Net Assets 2023: $183,4922023Assets 2024: $220,702Liabilities 2024: $6,582Net Assets 2024: $214,1202024

Highlighted filing

2024

Assets$220,702
Liabilities$6,582
Net Assets$214,120

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2021: $120,647Expenses 2021: $129,684Net Income 2021: -$9,0372021Revenue 2022: $244,942Expenses 2022: $234,371Net Income 2022: $10,5712022Revenue 2023: $401,882Expenses 2023: $270,107Net Income 2023: $131,7752023Revenue 2024: $320,395Expenses 2024: $270,922Net Income 2024: $49,4732024

Highlighted filing

2024

Revenue$320,395
Expenses$270,922
Net Income$49,473

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.1
Gross Receipts
$320,395
Mission and Program Overview

Mission

To cultivate literacy, leadership, and social justice through the study & application of spoken word and hip hop culture.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$36,388$175,570▲ $139,182
Savings and Temporary Cash Investments-$42,055-
Prepaid Expenses and Deferred Charges$14,585--
Land, Buildings, and Equipment, Net$1,733$1,582▼ $151
Cash and Non-Interest-Bearing Accounts$136,780$1,495▼ $135,285
Total Assets$189,486$220,702▲ $31,216
Liabilities
Accounts Payable and Accrued Expenses$5,994$6,582▲ $588
Total Liabilities$5,994$6,582▲ $588
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$183,492$214,120▲ $30,628
Total Net Assets Fund Balance$183,492$214,120▲ $30,628
Total Liabilities and Net Assets / Fund Balance$189,486$220,702▲ $31,216

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,582$1,130$2,712
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Latisha JonesExecutive DirectorFT$96,425$4,109$100,534

Board Members and Trustees

NameTitle
Anthony GallowayChair
William HowesSecretary
Danez SmithTreasurer
Arleta LittleTreasurer Through Sept
Revenue and Support

Revenue Composition

Contributions and Grants
$305,979
Program Service Revenue
$14,311
Investment Income
$105
Other Revenue
$0
All Other Contributions
$305,979
Change in Net Assets
$49,473
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$137,783
Salaries, Compensation, and Employee Benefits$133,139
Total Fundraising Expense$3,298
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$60,906$32,796$2,723$96,425
Fees for Services Other$41,532--$41,532
Office Expenses$19,770$4,091-$23,861
Occupancy$6,899$16,555-$23,454
Other Salaries and Wages$12,856$6,922$575$20,353
Travel$15,808--$15,808
Payroll Taxes-$12,251-$12,251
Advertising$9,676--$9,676
Fees for Services Accounting-$8,979-$8,979
Other Employee Benefits-$4,110-$4,110
Insurance-$1,813-$1,813
Fees for Services Legal-$1,260-$1,260
Other Expenses$500$579-$500
Depreciation Depletion-$151-$151
Total Functional Expenses$175,690$91,934$3,298$270,922
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
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, Part VI, Section A, Line 1A

The executive committee has the authority to act on behalf of the governing body. The committee is comprised of two or more members of the board of directors.

Form 990, Part VI, Section B, Line 11B

The executive director presents the preliminary form 990 to the board and explains it. The board decides if changes are needed, or vote to approve the form 990.

Form 990, Part VI, Section B, Line 12C

The corporation shall not enter into contracts or transactions between another organization in which an officer or director has a material financial interest in. When a conflict of interest does arise, each director and officer shall discharge his or her duties as a director or officer in good faith, in a manner which the director or officer reasonably believes to be in the best interests of the corporation, and with the care an ordinarily prudent person in a like position would exercise under similar circumstances.

Form 990, Part VI, Section B, Line 15A

The organization executive director's salary is determined annually by the board of directors. They comparative position and salary data from other nonprofits of similar size and demographics, the recommendation is then voted on and detailed notes of the meetings are reflected in the minutes of all meetings. This process was last undertaken in 2022.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statemnts available upon request.

Filing and Contact Details

Filer

Filer Name
Truartspeaks
EIN
82-4061997
Phone
6514198850
Address
2642 UNIVERSITY AVE W 140, ST PAUL, MN 55114

Signing Officer

Name
Latisha Jones
Title
Executive Director
Phone
6514198850
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Latisha Jones
Formed
2018
Legal Domicile
Mn
Voting Board Members
3
Independent Board Members
3
Employees
2
Volunteers
4

Preparer

Firm
Cliftonlarsonallen Llp
Address
8215 GREENWAY BOULEVARD SUITE 600, MIDDLETON, WI 53562
Preparer
Laura Schweitzer CPA
Phone
6086628600
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Arts exhibition and programming: cultural art performances and exhibition opportunities for artists, participants and community members.

Form 990, Part III, Line 3

Truartspeaks phased out the racial equity programming to focus on the arts exhibition and programming.

Form 990, Part IX, Line 11G

Contractors: program service expenses 41,532. Management and general expenses 0. Fundraising expenses 0. Total expenses 41,532.

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IRS990/ProgSrvcAccomActy2Grp/Desc0PROFESSIONAL DEVELOPMENT:IT TAKES A VILLAGE AND KNOWLEDGE BENEFITS US ALL WHEN WE SHARE IT TOWARDS THE COLLECTIVE GOOD. AT TRUARTSPEAKS WE BELIEVE THAT EVERY YOUNG PERSON, EMERGING ARTIST, AND INSPIRING LEADER CAN BENEFIT FROM LEARNING THE BEST, LATEST, AND TRIED AND TRUE CULTURAL & ART PRACTICES.WITH AN EXTENSIVE HISTORY OF TRAINING EDUCATORS (K-COLLEGIATE, PUBLIC AND PRIVATE SECTOR, COMMUNITY EDUCATORS, ETC), ARTISTS, AND CULTURE WORKERS, TRUARTSPEAKS OFFERS ONE ON ONE CONSULTATIONS IN A VARIETY OF AREAS, WORKSHOPS, SHORT AND LONG TERM RESIDENCIES, AND MORE.WE HAVE EXPERIENCE IN CURRICULUM DEVELOPMENT, WE HAVE OUR OWN SPECIFIC CURRICULUM ROOTED IN SPOKEN WORD & HIP HOP PEDAGOGY, A YEAR-LONG CURRICULUM ROOTED IN THE BLACK LITERARY TRADITION, HIP HOP SONGWRITING & MUSIC PRODUCTION, AND MORE."
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt01582
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ARTS EXHIBITION AND PROGRAMMING: CULTURAL ART PERFORMANCES AND EXHIBITION OPPORTUNITIES FOR ARTISTS, PARTICIPANTS AND COMMUNITY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRUARTSPEAKS PHASED OUT THE RACIAL EQUITY PROGRAMMING TO FOCUS ON THE ARTS EXHIBITION AND PROGRAMMING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THE COMMITTEE IS COMPRISED OF TWO OR MORE MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR PRESENTS THE PRELIMINARY FORM 990 TO THE BOARD AND EXPLAINS IT. THE BOARD DECIDES IF CHANGES ARE NEEDED, OR VOTE TO APPROVE THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CORPORATION SHALL NOT ENTER INTO CONTRACTS OR TRANSACTIONS BETWEEN ANOTHER ORGANIZATION IN WHICH AN OFFICER OR DIRECTOR HAS A MATERIAL FINANCIAL INTEREST IN. WHEN A CONFLICT OF INTEREST DOES ARISE, EACH DIRECTOR AND OFFICER SHALL DISCHARGE HIS OR HER DUTIES AS A DIRECTOR OR OFFICER IN GOOD FAITH, IN A MANNER WHICH THE DIRECTOR OR OFFICER REASONABLY BELIEVES TO BE IN THE BEST INTERESTS OF THE CORPORATION, AND WITH THE CARE AN ORDINARILY PRUDENT PERSON IN A LIKE POSITION WOULD EXERCISE UNDER SIMILAR CIRCUMSTANCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION EXECUTIVE DIRECTOR'S SALARY IS DETERMINED ANNUALLY BY THE BOARD OF DIRECTORS. THEY COMPARATIVE POSITION AND SALARY DATA FROM OTHER NONPROFITS OF SIMILAR SIZE AND DEMOGRAPHICS, THE RECOMMENDATION IS THEN VOTED ON AND DETAILED NOTES OF THE MEETINGS ARE REFLECTED IN THE MINUTES OF ALL MEETINGS. THIS PROCESS WAS LAST UNDERTAKEN IN 2022.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMNTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CONTRACTORS: PROGRAM SERVICE EXPENSES 41,532. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,532.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd01
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0189486
IRS990/TotalAssetsEOYAmt0220702
IRS990/TotalAssetsGrp/BOYAmt0189486
IRS990/TotalAssetsGrp/EOYAmt0220702
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0305979
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03298
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt091934
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0175690
IRS990/TotalFunctionalExpensesGrp/TotalAmt0270922
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05994
IRS990/TotalLiabilitiesEOYAmt06582
IRS990/TotalLiabilitiesGrp/BOYAmt05994
IRS990/TotalLiabilitiesGrp/EOYAmt06582
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0183492
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0214120
IRS990/TotalOtherCompensationAmt04109
IRS990/TotalProgramServiceExpensesAmt0175690
IRS990/TotalProgramServiceRevenueAmt014311
IRS990/TotalReportableCompFromOrgAmt096425
IRS990/TotalRevenueGrp/ExclusionAmt0105
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt014311
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0320395
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0189486
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0220702
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt015808
IRS990/TravelGrp/TotalAmt015808
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02642 UNIVERSITY AVE W 140
IRS990/USAddress/CityNm0ST PAUL
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055114
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.TRUARTSPEAKS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LATISHA JONES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06514198850
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRUARTSPEAKS
ReturnHeader/Filer/BusinessNameControlTxt0TRUA
ReturnHeader/Filer/EIN0824061997
ReturnHeader/Filer/PhoneNum06514198850
ReturnHeader/Filer/USAddress/AddressLine1Txt02642 UNIVERSITY AVE W 140
ReturnHeader/Filer/USAddress/CityNm0ST PAUL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08215 GREENWAY BOULEVARD SUITE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIDDLETON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053562
ReturnHeader/PreparerPersonGrp/PhoneNum06086628600
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURA SCHWEITZER CPA
ReturnHeader/ReturnTs02025-05-14T09:22:54-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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