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Nonprofiteer
← ANDERSON CENTER FOR INTERDISCIPLINARY STUDIES INC

Form 990 for tax year 2023

Filed by ANDERSON CENTER FOR INTERDISCIPLINARY STUDIES INC.

Totals

Total revenue
$1,951,679
Total expenses
$972,919
Contributions and grants received
$1,621,249
Grants paid
$0
Program service revenue
$210,698
Investment income
$126,346
Other revenue
-$6,614
Total assets, end of year
$13,184,333
Total liabilities, end of year
$157,468
Net assets or fund balances, end of year
$13,026,865
Program services expenses (Part IX)
$815,443
Management and general expenses
$110,670
Fundraising expenses
$46,806
Program service expenses (Part III)
$815,443

Program services were 83.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $8,660

  • 1c · Fundraising events

    $360

  • 1e · Government grants (contributions)

    $111,426

  • 1f · All other contributions, gifts and grants

    $1,500,803

  • 1g · Noncash contributions included above

    $87,298

  • 2a · Program service revenue: RENTAL FEES

    total $177,084 · excluded $177,084

  • 2b · Program service revenue: PROGRAM INCOME

    total $33,614 · related or exempt $33,614

  • 3 · Investment income

    total $126,346 · excluded $126,346

  • 8a · Fundraising events: gross income

    $4,206

  • 8a · Fundraising events: contributions included on line 1c

    $360

  • 8b · Fundraising events: direct expenses

    $10,820

  • 8c · Net income from fundraising events

    total -$6,614

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $79,551 · program services $41,731 · management and general $23,910 · fundraising $13,910

  • 7 · Other salaries and wages

    total $264,391 · program services $197,953 · management and general $39,017 · fundraising $27,421

  • 10 · Payroll taxes

    total $30,346 · program services $21,242 · management and general $4,552 · fundraising $4,552

  • 11b · Fees: legal

    total $384 · management and general $384

  • 11c · Fees: accounting

    total $4,493 · management and general $4,493

  • 11g · Fees: other

    total $18,747 · program services $5,478 · management and general $13,269

  • 12 · Advertising and promotion

    total $38,716 · program services $30,841 · management and general $7,152 · fundraising $723

  • 14 · Information technology

    total $651 · program services $85 · management and general $566

  • 16 · Occupancy

    total $124,713 · program services $120,033 · management and general $4,504 · fundraising $176

  • 22 · Depreciation, depletion and amortization

    total $218,974 · program services $218,974

  • 23 · Insurance

    total $40,839 · program services $33,786 · management and general $7,053

  • 24a · Other expenses: PROGRAM EXPENSES

    total $149,194 · program services $145,320 · management and general $3,850 · fundraising $24

  • 24b · Other expenses: BAD DEBT EXPENSE

    total $1,920 · management and general $1,920

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $13,825 · end of year $40,912

  • 2 · Savings and temporary cash investments

    beginning of year $278,519 · end of year $570,442

  • 3 · Pledges and grants receivable

    beginning of year $197,263 · end of year $605,077

  • 4 · Accounts receivable

    beginning of year $2,689 · end of year $11,843

  • 8 · Inventories for sale or use

    beginning of year $5,040 · end of year $5,091

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,000

  • 10a · Land, buildings and equipment: cost or other basis

    $8,840,313

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,454,894

  • 10c · Land, buildings and equipment, net

    beginning of year $5,993,211 · end of year $6,385,419

  • 11 · Investments: publicly traded securities

    beginning of year $4,938,050 · end of year $5,565,549

  • 15 · Other assets

    beginning of year $48,020

  • 17 · Accounts payable and accrued expenses

    beginning of year $145,201 · end of year $143,731

  • 19 · Deferred revenue

    beginning of year $9,182 · end of year $13,737

  • 27 · Net assets without donor restrictions

    beginning of year $11,114,732 · end of year $11,996,801

  • 28 · Net assets with donor restrictions

    beginning of year $209,502 · end of year $1,030,064

Mission and programs · 2023

Mission

THE ANDERSON CENTER, IN ITS HISTORIC SETTING OF TOWER VIEW, OFFERS RESIDENCIES IN THE ARTS AND HUMANITIES; PROVIDES A DYNAMIC ENVIRONMENT FOR THE EXCHANGE OF IDEAS; ENCOURAGES THE PURSUIT OF CREATIVE ENDEAVORS; AND SERVES AS A SOURCE OF SIGNIFICANT CONTRIBUTIONS TO SOCIETY.

Activities or mission (Part I)

TO OFFER RESIDENCIES IN THE ARTS AND HUMANITIES; PROVIDE A DYNAMIC ENVIRONMENT FOR THE EXCHANGE OF IDEAS; ENCOURAGE THE PURSUIT OF CREATIVE ENDEAVORS; AND SERVE AS A SOURCE OF SIGNIFICANT CONTRIBUTIONS TO SOCIETY.

  • TOWER VIEW RESTORES AND PRESERVES THE BUILDINGS AND GROUNDS OF THE HISTORIC TOWER VIEW ESTATE.

    Expenses $418,981 · Revenue $172,894

  • RESIDENCY PROGRAM PROVIDES RETREATS OF ONE TO TWO WEEKS' DURATION TO ENABLE ARTISTS, WRITERS, AND SCHOLARS TO ADVANCE OR COMPLETE WORK IN PROGRESS AND OFFERS BELOW- MARKET-RATE STUDIO SPACES TO LOCAL ARTISTS AND ARTS EDUCATORS IN THE RED WING, MN AREA.

    Expenses $258,124 · Revenue $14,451

  • OUTREACH PROGRAM PARTICIPATES IN THE PLANNING AND PRESENTING OF COLLABORATIVE PUBLIC PROGRAMS WITH OTHER CULTURAL ENTITIES IN RED WING, MN, AND ELSEWHERE.

    Expenses $125,871 · Revenue $23,352

  • SCULPTURE GARDEN OUTDOOR EXHIBITION OF SCULPTURES IN THE CENTER'S REFORESTATION PROJECT TO PROMOTE PUBLIC ART.

    Expenses $12,467

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Stephanie Rogers

    EXECUTIVE DI

    Total calculated
    $80,525
    From this org
    $80,525
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Nan Bailly

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ralph Balestriere

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • John Christianson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Cloak

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sean Dowse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dobby Gibson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Carolyn Hedin

    TREASURER

    Total calculated
    $0
    Hours/week
    3
  • Robert Hedin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Fiona McCrae

    CHAIR

    Total calculated
    $0
    Hours/week
    4
  • Karen Mueller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Peg Noesen

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
16 January 2025
IRS schema version
2023v6.0
Source object
202510169349301851

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