DEMOGRAPHIC
ADDRESS
321 CENTRAL AVENUE
55021
COUNTY
rice county, MN
ORGANIZATIONAL OVERVIEW & RANKINGS
FARIBAULT ART CENTER INC is a based in FARIBAULT, MN, focused on Arts, Culture and Humanities causes . Established in January 1964, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,256,137.00, this ranks 191,763 among 2,656,690 nonprofits nationally (Top 8%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 4,239 out of 53,624 organizations in MN (Top 8%).
In rice county, MN, the organization ranks 51 out of 588 nonprofits by assets (Top 9%), while locally in faribault, it stands at 18 among 224 organizations (Top 6%).
The organization reported annual revenue of $549,752.00, ranking 174,006 nationally (Top 7%) and 4,112 in MN (Top 8%).
Within its specific NTEE classification (A25Z - A: Arts, Culture and Humanities), which includes 101 similar organizations, FARIBAULT ART CENTER INC ranks 34 in assets (Top 33%) and 39 in revenue (Top 38%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Other cultural or historical activities
Other school related activities
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
N/A
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$558,330.00
FORM 990 REVENUE AMOUNT
$549,752.00
RULING DATE
01/1964
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,256,137.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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