Soar Regional Arts
Saint Michael, Minnesota
B+Health Score
74B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$215K
Total Revenue
📊
$172K
Total Expenses
🏦
$85K
Net Assets
📋
$10K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+97.4%
Year-over-year change (2021 → 2022)
Net Margin
+20.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.50
Net assets divided by total expenses
Liabilities-to-Assets
10.5%
Total liabilities as % of total assets
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $214,837↑97% | $171,657↑63% | $95,268↑103% | |
| 2021 | $108,849↓21% | $105,261↓10% | $46,974↑22% | — |
| 2020 | $137,425↑2% | $116,603↓21% | $38,477↑118% | — |
| 2019 | $134,220↓22% | $148,043↓12% | $17,655↓40% | — |
| 2018 | $172,628↑44% | $167,739↑59% | $29,474↑20% | — |
| 2017 | $119,952 | $105,636 | $24,585 | — |
Frequently Asked Questions
What does Soar Regional Arts do?▼
Soar Regional Arts is a arts, culture & humanities nonprofit organization based in Minnesota. It is classified under NTEE code A65 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Soar Regional Arts financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Soar Regional Arts.
How much revenue does Soar Regional Arts generate?▼
Soar Regional Arts reports $261K in annual revenue and holds $70K in total assets, based on IRS filings.
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