Hastings Art Council
Hastings, Minnesota
BHealth Score
63B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$68K
Total Revenue
📊
$59K
Total Expenses
🏦
$51K
Net Assets
📋
$3K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-5.3%
Year-over-year change (2022 → 2023)
Net Margin
+13.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.87
Net assets divided by total expenses
Liabilities-to-Assets
5.4%
Total liabilities as % of total assets
Filing History
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $68,497↓5% | $59,130↓10% | $54,379↑24% | |
| 2022 | $72,337↑6% | $65,390↑10% | $43,742↑16% | — |
| 2021 | $68,291↑54% | $59,266↓21% | $37,602↑37% | — |
| 2020 | $44,360↓47% | $74,861↓7% | $27,408↓54% | — |
| 2019 | $83,387↑131% | $80,561↑33% | $59,688↑10% | — |
| 2018 | $36,120↓32% | $60,517↑8% | $54,137↓32% | — |
| 2017 | $53,374↓30% | $55,823↓19% | $79,995↓1% | — |
| 2016 | $76,452 | $68,726 | $80,728 | — |
Frequently Asked Questions
What does Hastings Art Council do?▼
Hastings Art Council is a arts, culture & humanities nonprofit organization based in Minnesota. It is classified under NTEE code A20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hastings Art Council financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Hastings Art Council.
How much revenue does Hastings Art Council generate?▼
Hastings Art Council reports $75K in annual revenue and holds $84K in total assets, based on IRS filings.
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