Highpoint Center for Printmaking
Nonprofit profile at a glance
- EIN
- 411977650
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Minneapolis, MN, USA
- Phone
- 6128711326
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $2,182,641
- Expenses
- $1,668,790
- Assets
- $4,779,352
- Liabilities
- $128,140
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- Jehra Patrick (Executive Director)
Highest reported compensation
- Jehra Patrick (Executive Director): $118,384 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Highpoint Center for Printmaking is dedicated to advancing the art of printmaking. We create pathways for artists, learners, and the public to increase their understanding and appreciation of printmaking through artistic and educational programs, a cooperative studio, a public gallery, and collaborative publishing opportunities.
What it reported doing in 2024
Educational and Community Programs for schools, youth, teens, adults, families, and community members: We have taught over 100,000 K-12 youth in printmaking workshops and school field trips in the past 23 years. Many of our school partners are Title 1 and can apply for HP scholarships to attend workshops and receive free transportation. (2500 students/year).Highpoint's Environmental Creative Clean Water Stewardship Program engages 5th-grade Hennepin County students each year to learn about printmaking, local waterways, sustainability, rain gardens, pollinators, and more. (250 students/year).Free Ink Days are hosted on weekends throughout the year to connect youth, families, and our neighboring community through free, all-ages printmaking experiences. (500 students/500 adults/year).ACCESS/PRINT Teen Mentorship Program, invests in teen artists by providing 50 hours of workshops as the student creates a body of work for the annual student exhibition, sharing work with family and peers. (10 students/year).Adult learners engage through ongoing printmaking workshops where artists can connect with other artists and expand their skills. 20-30% of all class registration is reserved for scholarships for BIPOC artists, veterans, and current fellows or artists-in-residence. (800 adults/year).
Operating model
- Revenue model
- Earned-program. 65% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 59
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.7%; rating input score 56
- Program expense ratio: 73.3%; rating input score 73
- Fundraising efficiency: $7.41 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 23.5%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 2.86; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 78; 78th percentile among comparable filings
- Officer compensation ratio: 7.1%; rating input score 41; 41st percentile among comparable filings
Growth
- Program expense growth: 7.7% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 8.3% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 4.2% per year; rating input score 100; 30th percentile among comparable filings
Details
- Where the money goes: 55.7% of revenue deployed · 73.3% of spending went to programs
- Governance: 15 of 15 board members independent · 8 of 8 filing controls reported
- Programs: 5 filed program accomplishments · $1.2M in reported program spending
- Leadership: top reported pay $118K · 16 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 56/100.
- High — Financial Efficiency: Fundraising efficiency scored 28/100.
- Moderate — Sustainability: Officer compensation ratio scored 41/100.