Soo Visual Arts Center INC

Tax-deductible

Minneapolis, MN501(c)(3)Since 1999Arts & CultureEIN 41-1944443Revenue $286K in FY2025

On file with the IRSsoovac.org2638 Lyndale Ave S, 55408-1321 · Minneapolis, MNTax-exempt since Sep 1999Publicly supported charity — 170(b)(1)(A)(vi)

Tell your story. Claim this org

Soo Visual Arts Center is a nonprofit art space that connects our community with fresh, under-represented and provocative art.

501(c)(3) charity; gifts are tax-deductible.
56¢ of each $1 spent went to programs.
Run by 25 volunteers and 4 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $11K a year · 4% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
56%
of spending
Worth a look: 56% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$62K
to officers and key staff · 23% of spending
Top officer’s pay higher than 57% of similar orgs
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $57K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$93K
107% of total assets
Concern: liabilities are 107% of assets; over 80%.
Pt X · Ln 26
Independent board members
8
of 10 voting members
Looks good: 8 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$286K
+0.7% vs prior year
Spent
$273K
To programs
56%
Net assets
−$6K
By yearFY2020–FY2025
Revenue
$286K
FY2025▲ +0.7%
Tap a bar for its year
Revenue by fiscal year
FY2020$216K
FY2021$254K
FY2022$255K
FY2023$249K
FY2024$284K
FY2025$286K
Expenses
$273K
FY2025▼ -12%
Tap a bar for its year
Expenses by fiscal year
FY2020$260K
FY2021$230K
FY2022$256K
FY2023$282K
FY2024$309K
FY2025$273K
Net assets
−$6K
FY2025▲ +69%
Tap a bar for its year
Net assets by fiscal year
FY2020$17K
FY2021$40K
FY2022$40K
FY2023$8K
FY2024−$18K
FY2025−$6K

From the FY2025 Form 990 (year ending June 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

56 cents of each dollar spent went to programs.

Program services 56% · $152K Management & general 29% · $78K Fundraising 16% · $43K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

11 people listed on the 990; $62K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$61,728Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Carolyn Payne’s $62K as Executive Director is at the 57th percentile of top reported officer pay among 2216 $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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Carolyn Payne$61,728$65,646$61,662$57,719$59,999$58,724

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.

See Soo Visual Arts Center INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II2 listed

Programs and updates

Connects the community with fresh, under-represented, and provocative art.

Questions for Soo Visual Arts Center INC

Tap to ask. Soo Visual Arts Center INC sees how many people are interested.

Your first name shows with your question. Soo Visual Arts Center INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $152K · in their own filed words · FY2024
01

Gallery Exhibitions

Soo visual arts center schedules a year-round calendar of exhibits in our gallery. All exhibits are augmented with free opening events and free admission to the gallery. Our curatorial focus promotes contemporary artists whose work challenges and expands conventional notions of aesthetics and IDEOLOGY.IN this fiscal year, we produced…

$106Kprogram expense
02

Soo Visual Arts Center in Person Community Programming

Soo visual arts center has several types of community programming for students, artists, educators and the general public. In this fiscal year, we held art openings, artist talks, tours for students and other groups from our community.

$23Kprogram expense
03

Internship Program

6 internships providing experience and mentorship to emerging artists, designers and nonprofit professionals.

$23Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 4 funders$57K
See all 4 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$286K
Ln 12
Gifts and grantsLn 1h$273K
Other incomeLn 4–11$13K
Money outPt IX
$273K
Ln 25
Programscol B$152K
Managementcol C$78K
Fundraisingcol D$43K
Owns and owesPt X
−$6K
net assets · Ln 32
Cash and savingsLn 1–2$34K
Total assetsLn 16$87K
LiabilitiesLn 26$93K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$273K
Government grantsLn 1e$94K
Fundraising eventsLn 1c$8K
Other incomeLn 4–11$13K
Total revenueLn 12$286K
Assets in detailPt X, end of year
CashLn 1$34K
Cash and savings togetherLn 1–2$34K
Land, buildings, equipmentLn 10c$45K
Other assetsLn 15$4K
Total assetsLn 16$87K
LiabilitiesLn 26$93K
Net assetsLn 32−$6K
OperationsPt I, VI
EmployeesI 54
VolunteersI 625
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$16K$34K
Land, buildings, equipmentLn 10c$55K$45K
Total assetsLn 16$81K$87K
LiabilitiesLn 26$99K$93K
Net assetsLn 32−$18K−$6K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$71K$21K$28K$21K
Other salaries and wagesLn 7$47K$39K$5K$3K
Other employee benefitsLn 9$8K$8K$570
Payroll taxesLn 10$9K$5K$2K$2K
Accounting feesLn 11c$2K$2K
Other fees for servicesLn 11g$10K$7K$2K$2K
Advertising and promotionLn 12$756$403$206$147
Office expensesLn 13$942$222$639$81
Information technologyLn 14$3K$1K$759$544
OccupancyLn 16$56K$30K$15K$11K
Conferences, conventions and meetingsLn 19$99$53$27$19
InterestLn 20$1K$1K
Depreciation, depletion and amortizationLn 22$10K$10K
InsuranceLn 23$5K$244$5K$89
Other expenses (24a–d)Ln 24$47K$40K$3K$4K
All other expensesLn 24e$2K$222$989$657
Total functional expensesLn 25$273K$152K$78K$43K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $286K$273K$13K−$6K 990 PDF
FY2024 $284K$309K−$26K−$18K 990 PDF
FY2023 $249K$282K−$33K$8K 990 PDF
FY2022 $255K$256K−$166$40K 990 PDF
FY2021 $254K$230K$24K$40K 990 PDF
FY2020 $216K$260K−$44K$17K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $285,572 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $275,158$272,806
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $8,373$12,766
I-12 Total revenuePrior year $283,531$285,572
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $188,293$135,124
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $121,156$137,841
I-18 Total expensesPrior year $309,449$272,965
I-19 Revenue less expensesPrior year −$25,918$12,607
Part VI · Governance 8 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $285,572 across 8 lines filed
Lines not itemized here account for $9,516 of total revenue; see the IRS return.
VIII-1b Membership dues$36,804
VIII-1c Fundraising events$8,473
VIII-1e Government grants$94,125
VIII-1f All other contributions, gifts and grants$133,404
VIII-1h Total contributions, gifts and grants$272,806
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,250$3,250
VIII-12 Total revenueRelated to mission $12,766 · Unrelated business $0 · Excluded from tax $0$285,572
Part IX · Statement of functional expenses $272,965 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $21,285 · Management $28,380 · Fundraising $21,285$70,950
IX-7 Other salaries and wagesPrograms $39,472 · Management $4,920 · Fundraising $2,678$47,070
IX-9 Other employee benefitsPrograms $7,807 · Management $570$8,377
IX-10 Payroll taxesPrograms $4,652 · Management $2,375 · Fundraising $1,700$8,727
IX-11c Accounting feesManagement $1,571$1,571
IX-11g Other fees for servicesPrograms $6,522 · Management $2,222 · Fundraising $1,591$10,335
IX-12 Advertising and promotionPrograms $403 · Management $206 · Fundraising $147$756
IX-13 Office expensesPrograms $222 · Management $639 · Fundraising $81$942
IX-14 Information technologyPrograms $1,487 · Management $759 · Fundraising $544$2,790
IX-16 OccupancyPrograms $29,584 · Management $15,106 · Fundraising $10,813$55,503
IX-19 Conferences, conventions and meetingsPrograms $53 · Management $27 · Fundraising $19$99
IX-20 InterestManagement $1,475$1,475
IX-22 Depreciation, depletion and amortizationManagement $10,499$10,499
IX-23 InsurancePrograms $244 · Management $5,155 · Fundraising $89$5,488
IX-24 Other expenses (24a–d)Programs $39,942 · Management $2,949 · Fundraising $3,624$46,515
IX-24e All other expensesPrograms $222 · Management $989 · Fundraising $657$1,868
IX-25 Total functional expensesPrograms $151,895 · Management $77,842 · Fundraising $43,228$272,965
Part X · Balance sheet $87,446 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $15,956$34,323
X-9 Prepaid expenses and deferred chargesStart of year $6,092$4,626
X-10c Land, buildings and equipment, netStart of year $55,496$44,997
X-15 Other assetsStart of year $3,500$3,500
X-16 Total assetsStart of year $81,044$87,446
X-17 Accounts payable and accrued expensesStart of year $165$165
X-25 Other liabilitiesStart of year $19,979$19,979
X-26 Total liabilitiesStart of year $99,424$93,219
X-27 Net assets without donor restrictionsStart of year −$18,380−$5,773
X-32 Total net assets or fund balancesStart of year −$18,380−$5,773
X-33 Total liabilities and net assetsStart of year $81,044$87,446
Part XI · Reconciliation of net assets −$5,773 net assets at year end
XI-1 Total revenue$285,572
XI-2 Total expenses$272,965
XI-3 Revenue less expenses$12,607
XI-4 Net assets at start of year−$18,380
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$5,773

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.