Status and standing
Is it real, and can you give to it?
Where the money goes
What each dollar paid for.
Statement of Functional Expenses
Financial health
Is it on solid ground?
Summary of the Filing
| FY2020 | Not on file |
|---|---|
| FY2021 | $354K |
| FY2022 | $429K |
| FY2023 | $345K |
| FY2024 | $343K |
| FY2020 | Not on file |
|---|---|
| FY2021 | $0 |
| FY2022 | $3K |
| FY2023 | $4K |
| FY2024 | $3K |
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 62% | — | — |
| Overhead ratio | 21% | — | — |
| Fundraising cost ratio | 19% | — | — |
| Revenue growth | 20% | — | — |
| Legal fee ratio | 0.8% | — | — |
| Accounting fee ratio | 4% | — | — |
| Fundraising fee ratio | 1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Leadership and pay
Who runs it, and what are they paid?
Officers, Directors & Key Employees
Elizabeth Engelman’s $37K as Executive Di is at the 32nd percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Elizabeth Engelman | $36,805 | $42,000 | $38,000 | $28,250 | $25,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Governance & Policies
- 7Voting board membersPt VI · Ln 1a
- 7Independent board membersPt VI · Ln 1b
- Conflict-of-interest policyPt VI · Ln 12aYes
- Whistleblower policyPt VI · Ln 13Yes
- Document retention policyPt VI · Ln 14Yes
- Top official’s pay independently reviewedPt VI · Ln 15aYes
- Family or business ties among leadersPt VI · Ln 2No
Mission and programs
What it does.
Nurtures artists in nature, offering a safe space for play, inspiration, and rejuvenation.
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Where the work happens
The organization hosted artists from minnesota and across the country total artists served: 91, 66 from MN TLC'S season consisted of 12 programmed residencies: TLC hosted three weeks of individual artist residencies for artists from across disciplines, geography, backgrounds, and stages of career, providing artists space and time to…
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Filing history
Every return on file.
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2024 Latest Viewing | $323K | $324K | +20% | 990 PDF |
| FY2023 | $270K | $355K | -15% | 990 PDF |
| FY2022 | $316K | $244K | +54% | 990 PDF |
| FY2021 | $205K | $199K | +21% | 990 PDF |
| FY2020 | $170K | — | 990 PDF |
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Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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Sources
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