Friends Of The Lakeville Area Arts Center
Lakeville, Minnesota
B-Health Score
47B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$39K
Total Revenue
📊
$40K
Total Expenses
🏦
$82K
Net Assets
📋
$8K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-6.7%
Year-over-year change (2022 → 2023)
Net Margin
-2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.03
Net assets divided by total expenses
Liabilities-to-Assets
9.2%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $39,264↓7% | $40,238↓18% | $90,053 | |
| 2022 | $42,077↓16% | $49,224↑174% | $89,737↓7% | — |
| 2021 | $49,928↑60% | $17,936↓16% | $96,299↑50% | — |
| 2020 | $31,263↓16% | $21,427↑26% | $64,386↑11% | — |
| 2019 | $37,192↓18% | $16,967↓82% | $57,839↑29% | — |
| 2018 | $45,291↑28% | $96,586↑502% | $44,730↓51% | — |
| 2017 | $35,299↑67% | $16,034↑37% | $90,384↑36% | — |
| 2016 | $21,190↑47% | $11,696↓61% | $66,428↑1% | — |
| 2015 | $14,414↓71% | $30,051↓48% | $65,743↓20% | — |
| 2014 | $50,436↓24% | $57,435↑2% | $82,097↑10% | — |
| 2013 | $66,191↑39% | $56,319↑1% | $74,314↑7% | — |
| 2012 | $47,521↑6% | $55,552↑11% | $69,616↓14% | — |
| 2011 | $44,926 | $49,979 | $81,390 | — |
Frequently Asked Questions
What does Friends Of The Lakeville Area Arts Center do?▼
Friends Of The Lakeville Area Arts Center is a arts, culture & humanities nonprofit organization based in Minnesota. It is classified under NTEE code A26 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Friends Of The Lakeville Area Arts Center financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Friends Of The Lakeville Area Arts Center.
How much revenue does Friends Of The Lakeville Area Arts Center generate?▼
Friends Of The Lakeville Area Arts Center reports $58K in annual revenue and holds $118K in total assets, based on IRS filings.
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