MADISON ART GALLERY

WILLMAR, MN 562014440 EIN 862300115

https://N/A
$78K Total Assets (2024)
$0 Avg Yearly Giving
$0 Giving on File
0 Grants on File
N/A Avg Grant Size

About

AS OF DECEMBER 31, 2024 MADISON ART GALLERY ASSETS AND LIABILITIES CONSISTING OF THE FOLLOWING WERE ASSSIGNED TO THE MADISON ARTS AND INNOVATION CENTER EIN: 92-2518138 AND MADISON ART GALLERY FORMALLY DISSOLVED. ASSETS CASH 42,727 GRANTS RECEIVABLE 40,000 ACCOUNTS RECEIVABLE 2,300 PREPAID EXPENSES 3,000 DUE TO/DUE FROM 40,774 PROPERTY (NET) + 52,195 ---------- TOTAL ASSETS 180,996 LESS: LIABILITIES ACCOUNTS PAYABLE 9,311 DUE TO/DUE FROM 42,038 LINE OF CREDIT - BANK 19,995 ----------- TOTAL LIABILITIES 71,344 ----------- NET ASSETS TRANSFERRED 109,652 ===========

Application Information

Accepts Unsolicited Proposals Unknown
Contact Person KRISTINE SHELSTAD
Phone 5126269972
Deadlines NONE.
How to Apply APPLICATIONS SHOULD BE SUBMITTED TO THE FOUNDATION SPECIFYING WHAT THE PROCEEDS ARE TO BE USED FOR AND THE BENEFIT.
Restrictions CHARITABLE CONTRIBUTIONS ARE MADE TO CHARITABLE OR PUBLIC SERVICE ORGANIZATIONS ON A LOCAL OR REGIONAL BASIS.

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2022 N/A $99K $100K N/A
2023 N/A $78K $66K N/A
2024 N/A $0 $231K N/A

Geographic Distribution

US Grant Distribution Map

Key Personnel

NameTitleCompensation
KRISTINE SHELSTAD EXECUTIVE DI
ANTHONY BORMANN MEMBER
BRIDGET BLY VICE CHAIR
DALE HANDEEN MEMBER
CYNTHIA HUSE MEMBER
DEB MEYER MEMBER
DAVID JERPSETH MEMBER
DOUG PETERSON CHAIR
KARIE SORKNES TREASURER
CONNOR PEOPLES SECRETARY

Grants Awarded (0 total)

RecipientLocationAmountPurposeYear