Upstream Arts is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 2006, with $1,126,684 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.1M
▲ 18.7% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$1.3M
Net assets
$372K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Upstream Arts— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Upstream Arts: 3 mo reserves · -15% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Upstream Arts— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Upstream Arts: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $760K (FY2017) to $1.1M (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-15.5%
Spent more than it raised in the latest fiscal year.
Total assets
$602K
Total liabilities
$230K
Net assets
$372K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,126,684▲18.7% | $1,301,158▲35.2% | $371,567▼31.1% | $601,745▲2.7% | 990 |
| 2023 | $949,057▲23.1% | $962,267▲2.4% | $539,441▼2.4% | $586,157▼3.1% | 990 |
| 2022 | $771,093▼21.5% | $939,742▲3.0% | $552,651▼23.4% | $605,083▼21.2% | 990 |
| 2021 | $982,473▼6.9% | $912,302▲6.1% | $721,300▲10.8% | $767,921▼4.8% | 990 |
| 2020 | $1,055,637▲15.0% | $859,819▲2.8% | $651,129▲43.0% | $806,686▲33.3% | 990 |
| 2019 | $917,780▲5.1% | $836,266▼0.7% | $455,311▲21.8% | $605,284▲56.6% | 990 |
| 2018 | $873,350▲15.0% | $842,205▲10.3% | $373,797▲9.1% | $386,535▲8.7% | 990 |
| 2017 | $759,537 | $763,537 | $342,652 | $355,588 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
42 grants to Upstream Arts totaling $692K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mightycause Charitable Foundation | Unrestricted | 2024 | $20,354 |
| Greater Milwaukee Foundation Inc | Professional development for milwaukee educators and arts residencies | 2024 | $10,000 |
| Mightycause Charitable Foundation | — | 2023 | $23,780 |
| Saint Paul & Minnesota Foundation | Multiple grants for programs, operations, or other purposes | 2023 | $21,000 |
| Greater Milwaukee Foundation Inc | Pd for milwaukee educators & residencies for students with disabilities | 2023 | $12,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $6,500 |
| Mightycause Charitable Foundation | Unrestricted | 2022 | $28,417 |
| Greater Milwaukee Foundation Inc | Professional development | 2022 | $12,000 |
| American Online Giving Foundation Inc | General support | 2022 | $5,493 |
| Rockefeller Philanthropy Advisors Inc | General | 2021 | $50,000 |
| Mightycause Charitable Foundation | Unrestricted | 2021 | $33,381 |
| National Philanthropic Tr | Culture & arts | 2021 | $30,000 |
| Greater Milwaukee Foundation Inc | Programming for mps students with disabilities | 2021 | $12,000 |
| Greater Milwaukee Foundation Inc | Programming for mps students with disabilities | 2021 | $12,000 |
| Minneapolis Foundation | Arts & culture | 2021 | $11,000 |
Explore more
Data for Upstream Arts (EIN 20-4451219) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.