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Faribault Art Center Inc
Arts & Culture · Faribault, Minnesota
321 Central Ave N, Faribault, MN 55021-5214
EIN: 411381314· Founded: Jan 1964· 62 years active· Filing Year: 2023
Annual Revenue
$774K
Total Expenses
$527K
Total Assets
$1.5M
Program Spending
37%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$53K
10.0% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$121K
Total Payroll
$174K
33% of total expenses
Where the Money Goes
37%
Programs: 37%
Payroll: 33%
Other overhead: 63%
Program Revenue$195K (25%)
Total Expenses$527K (68%)
Payroll$174K (33%)
Overhead (non-program)63%
Trust Score Breakdown
Program Spending Ratio
37% of expenses go to programs
Revenue & Stability
$774K annual revenue
Executive Compensation
$53K total officer comp (10.0% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$1.5M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.