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Passes our checks

Lake City Area Arts

EIN 47-1931788 · Lake City, MN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood84 out of 100GovernanceNot ratedThe short tax form does not cover thisImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

Lake City Are Arts strengthens the community through arts and culture. We hold art exhibits, conduct classes, have concerts of local musicians, host the community choir, host a weekly music circle, participate in Lake City events .

Income
$84,751
Spending
$65,671
Reserves
8.8 months of spending
Largest source of income
donations and private grants, 70%

Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 84 out of 100. Higher than 65% of charities in its peer group (arts and culture, under $250k).

  • Reserves

    28 of 35

    Spendable reserves would cover 8.8 months of spending.

  • Debt

    16 of 20

    It owes 26% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 23% of income.

Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.

Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $59,405 spent. Lake City Area Arts provided a wide range of arts, cultural, and educational programming to enrich the Lake City community and surrounding region during the year. The organization hosted 21 educational programs, including classes, workshops, and art-related learning opportunities for youth and adults. Additionally, 35 performance events were presented, offering live music, dance, literary, and other performing arts experiences to the public. Collectively, these programs and events were attended by over 2,500 local residents and visiting guests. The organization also sponsored four cultural performance events celebrating diverse traditions and communities, including programs focused on Spain, Ireland, and the local Hispanic community, promoting cultural awareness and inclusion. Seven art exhibits featured the work of local and regional artists, providing valuable exposure and engagement opportunities. Community events included programs such as Art in Motion and the Holiday Home Tour, which alone attracted over 150 attendees. The Arts Center also maintained regular weekly community programming, including Community Choir rehearsals, Open Studio sessions, musician jam sessions, and Open Mic events, providing ongoing opportunities for artistic expression and social connection. In addition, Lake City Area Arts partnered with numerous local organizations on community activities and public art initiatives, strengthening community connections and expanding access to the arts throughout the region.

Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2017 for not filing returns for three years, and reinstated on May 15, 2017.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 2017.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.