The Circle Corp
Nonprofit profile at a glance
- EIN
- 411808912
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024, Form 990-T 2023
- Location
- Minneapolis, MN, USA
- Phone
- 6127223686
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Dance
Reported finances
- Revenue
- $185,445
- Expenses
- $170,625
- Assets
- $129,461
- Liabilities
- $21,656
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- ROBERT ALBEE (VICE CHAIR)
- JOY PERSALL (CHAIR)
- MELISSA BUFFALO (BOARD MEMBER)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o
What it reported doing in 2024
Arts, culture & humanities programs. The circle newspaper continues to serve the native and mainstream community by publishing articles, columns, news and art by and about native a
Operating model
- Revenue model
- Earned-program. 70% 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.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 100
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.7%; rating input score 69
- Program expense ratio: 74.7%; rating input score 75
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 8%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.76; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 40.8%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 1.1% per year; rating input score 100; 33rd percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: 17.2% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 68.7% of revenue deployed · 74.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $127K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 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 — Sustainability: Operating margin scored 54/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- High — Sustainability: Officer compensation ratio scored 7/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.