Charity Search / ART BUDDIES
Youth Development (O300) IRS Verified DX Registered 990 on File

ART BUDDIES

EIN: 41-1797876 · MINNEAPOLIS, MN 55413-1561 · United States · FY 2025 Data
4 out of 5 70 / 100 Based on 2+ years of filings
Financial strength (30%) 76/100
Reliability (20%) 55/100
Effectiveness (25%) 85/100
Impact (25%) 60/100
Financial data: FY 2025 · Scored 9/13/2026
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Mission Statement

The mission of Art Buddies is to empower children through creative arts mentoring centered around fostering creativity, self-expression, and confidence. The organization aims to use art and art mentoring as a tool for personal growth and development, helping children discover their talents, build positive relationships, and gain a sense of personal agency through artistic expression.

Financial Overview — FY 2025
$124K
Total Revenue
$162K
Total Expenses
$98K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 83.0%
Fundraising Efficiency N/A
Operating Reserve 7.24x
Liability-to-Asset 19.9%
Revenue Diversification 102.9%
Compared with Peers
FY 2025
Compared with 2,098 similar organizations (United States, Youth Development, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
83.0% 88.8%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
7.2 mo 6.8 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
19.9% 0.4%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
102.9% 92.2%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-27.2% 7.1%
P10P90
Surplus margin
Surplus as a share of revenue
-30.7% 2.7%
P10P90
Impact
1 program
Outcome / Program People Served Cost / Service # Completed Duration
Students receive 10-20 hours of one-to-one mentorship 400 $400.00 Per Year
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $124K $162K $98K 83.0%
2024 $170K N/A N/A 2
2023 $182K $166K $150K 84.4%
2022 $98K $127K $134K 81.3%
2021 $218K $113K N/A 1
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Organization Details
EIN
41-1797876
State
MN
City
MINNEAPOLIS
ZIP
55413-1561
Classification
O300
Category
Youth Development
Rating
4★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1994
Foundation Code
15
Form 990
On File
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