North Country Museum of Arts Inc Dba NEMETH ART CENTER
Nonprofit profile at a glance
- EIN
- 411301255
- IRS 990-EZ coverage
- 2020–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2019
- Location
- Park Rapids, MN, USA
- Phone
- 7018669604
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $129,783
- Expenses
- $123,046
- Assets
- $43,020
- Liabilities
- $430
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- Mark Weiler (Director)
- David Welle (Board Chair)
- Josie Perhus (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Nemeth Art Center is a 501(c)3 non-profit arts organization and gallery space located in rural northern Minnesota. Open in the summer months, the NAC exhibits contemporary art from emerging and recognized artists and is particularly focused on forging relationships between local and non-local artists through thoughtful curatorial programming. As a strong advocate of creative placemaking in a rural area, the Nemeth is committed to giving the community a public social space for exploring varied perspectives through visual arts, music, literary performance, and youth arts education.
What it reported doing in 2023
In 2024, the Nemeth hosted two gallery exhibitions showcasing work from four artists, each with their own unique connection to our community. Each show lasted around 1.5 months and was open to visitors from Thursday-Saturday each week. The gallery was open for visitors a total of 66 days in 2024 with an estimate of over 900 visitors during the season. As part of these exhibits, the Nemeth hosted two receptions/artist talks in 2024. These events involved an open house to view the current exhibitions on display and a 30 minute artist talk to hear from each of the artists with work on display and ask them questions.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- 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.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 13
- Transparency & Controls: 100
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 12.9%; rating input score 13
- Program expense ratio: 13.6%; rating input score 14
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 5.2%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.35; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 38.1%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 10.9% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 17.8% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 12.9% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 12.9% of revenue deployed · 13.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $17K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2020 to 2023
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
- High — Financial Efficiency: Mission deployment rate scored 13/100.
- High — Financial Efficiency: Program expense ratio scored 14/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.