Region 2 Arts Council
Bemidji, Minnesota
CHealth Score
40C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$479K
Total Revenue
📊
$572K
Total Expenses
🏦
$64K
Net Assets
📋
$96K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-2.0%
Year-over-year change (2021 → 2023)
Net Margin
-19.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.11
Net assets divided by total expenses
Liabilities-to-Assets
60.3%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $479,260↓2% | $572,490↑21% | $160,020↓19% | |
| 2021 | $489,163↓14% | $471,568↓3% | $196,361↑1% | — |
| 2020 | $569,965↑11% | $487,844 | $193,565↑159% | — |
| 2019 | $515,436↑32% | $487,724↑7% | $74,749↑79% | — |
| 2018 | $391,771↓28% | $455,001↓5% | $41,723↓64% | — |
| 2017 | $545,780↑42% | $476,998↑8% | $117,009↑113% | — |
| 2016 | $383,909 | $439,685↓2% | $55,003↓54% | — |
| 2015 | $384,399↓32% | $448,888↑2% | $119,544↓32% | — |
| 2014 | $564,576↑62% | $442,045↑8% | $175,771↑177% | — |
| 2013 | $348,714↑4% | $409,989↑5% | $63,378↓41% | — |
| 2012 | $335,938↓33% | $389,747↓4% | $106,704↓37% | — |
| 2011 | $501,190 | $407,814 | $169,231 | — |
Frequently Asked Questions
What does Region 2 Arts Council do?▼
Region 2 Arts Council is a arts, culture & humanities nonprofit organization based in Minnesota. It is classified under NTEE code A26Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Region 2 Arts Council financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Region 2 Arts Council.
How much revenue does Region 2 Arts Council generate?▼
Region 2 Arts Council reports $758K in annual revenue and holds $198K in total assets, based on IRS filings.
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