Arts, Culture & Humanities
(A510)
IRS Verified
DX Registered
990 on File
BISMARCK ART AND GALLERIES ASSOCIATION INC
Financial strength (30%)
66/100
Reliability (20%)
55/100
Effectiveness (25%)
60/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Bismarck Art & Galleries Association (BAGA) works consistently to stimulate the study and presentation of the visual arts, to encourage and expand participation and appreciation by all persons, and to preserve our regional cultural heritage.
Financial Overview — FY 2024
$235K
Total Revenue
$245K
Total Expenses
$512K
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
29.1%
Fundraising Efficiency
2.4%
Operating Reserve
25.11x
Liability-to-Asset
1.4%
Revenue Diversification
43.2%
Compared with Peers
FY 2024
Compared with 12,711 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
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
|
29.1% | 82.0% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
70.3% | 14.1% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.6% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
2.4% | 28.2% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
25.1 mo | 9.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.4% | 1.8% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
43.2% | 79.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
17.1% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
23.4% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-3.9% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $235K | $245K | $512K | 29.1% | 4 |
| 2023 | $201K | $198K | $521K | 25.6% | 2 |
| 2022 | $208K | $206K | $518K | 20.4% | 3 |
| 2021 | $253K | $198K | N/A | — | 2 |
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