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Lanesboro Arts Center
Arts & Culture · Lanesboro, Minnesota
103 Parkway Avenue North, Lanesboro, MN 55949-0000
EIN: 411731338· Founded: May 1993· 33 years active· Filing Year: 2023
Annual Revenue
$383K
Total Expenses
$492K
Total Assets
$782K
Program Spending
30%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$55K
11.2% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$161K
Total Payroll
$216K
44% of total expenses
Where the Money Goes
30%
Programs: 30%
Payroll: 44%
Other overhead: 70%
Program Revenue$147K (38%)
Total Expenses$492K (100%)
Payroll$216K (44%)
Overhead (non-program)70%
Trust Score Breakdown
Program Spending Ratio
30% of expenses go to programs
Revenue & Stability
$383K annual revenue
Executive Compensation
$55K total officer comp (11.2% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$782K 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.