Lundstrum Center For The Performing Arts is located in Minneapolis, MN. The organization was established in 2000. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Lundstrum Center For The Performing Arts employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lundstrum Center For The Performing Arts is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Lundstrum Center For The Performing Arts generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP YOUNG PEOPLE DISCOVER THEIR UNIQUE GIFTS THROUGH THE PERFORMING ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LUNDSTRUM PERFORMING ARTS HAS DEEP ROOTS IN SERVICE TO THE CHILDREN OF NORTH MINNEAPOLIS AND BEYOND WITH A PROGRAM THAT IS BUILT ON TWO PILLARS: ARTISTIC EXCELLENCE AND ECONOMIC ACCESS. THE ORGANIZATION IS COMMITTED TO THE HIGHEST LEVEL OF EXCELLENCE IN CONSERVATORY-STRUCTURED PERFORMING ARTS TRAINING (DANCE, VOICE AND DRAMA) FOR STUDENTS AGES 3-18. THIS HIGH-QUALITY PROGRAM IS AVAILABLE TO ALL STUDENTS THROUGH THE LUNDSTRUM SCHOLARSHIP PROGRAM. LUNDSTRUM'S UNIQUE PROGRAM BUILDS TECHNICAL SKILLS AND ALSO DEVELOPS CRITICAL SOCIO-EMOTIONAL SKILLS SUCH AS CONFIDENCE, DISCIPLINE, TEAMWORK, ABILITY TO ADAPT/IMPROVISE AND CULTURAL LITERACY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joan Olson Director | Trustee | 45 | $145,231 |
Amy Ellis Executive Director | OfficerTrustee | 45 | $103,368 |
Susan Casserly-Kosel Vice Chair | OfficerTrustee | 45 | $56,781 |
Terri Ashmore Board Chair | OfficerTrustee | 0.23 | $0 |
Sarah Stroebel Secretary | OfficerTrustee | 0.23 | $0 |
Jackie Brown-Baylor Director | Trustee | 0.23 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $491,840 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,499,353 |
Noncash contributions included in lines 1a–1f | $21,130 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,991,193 |
Total Program Service Revenue | $228,258 |
Investment income | $1,628 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $4,930 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$40,629 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,242,300 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $158,547 |
Compensation of current officers, directors, key employees. | $30,428 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $375,095 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $55,563 |
Payroll taxes | $42,660 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $19,495 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $47,387 |
Advertising and promotion | $14,387 |
Office expenses | $33,383 |
Information technology | $23,681 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $13,460 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $106,264 |
Insurance | $15,181 |
All other expenses | $112,783 |
Total functional expenses | $1,368,913 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $456,619 |
Savings and temporary cash investments | $2,201 |
Pledges and grants receivable | $2,125,375 |
Accounts receivable, net | $29,943 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $8,650 |
Net Land, buildings, and equipment | $1,939,822 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $26,420 |
Total assets | $4,589,030 |
Accounts payable and accrued expenses | $23,317 |
Grants payable | $0 |
Deferred revenue | $28,557 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $555,225 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $28,937 |
Total liabilities | $636,036 |
Net assets without donor restrictions | $1,645,633 |
Net assets with donor restrictions | $2,307,361 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $4,589,030 |
Over the last fiscal year, we have identified 1 grants that Lundstrum Center For The Performing Arts has recieved totaling $3,000.
Awarding Organization | Amount |
---|---|
Rusty And Mary Jane Poepl Foundation Mendota Heights, MN PURPOSE: GENERAL SUPPORT | $3,000 |
Organization Name | Assets | Revenue |
---|---|---|
Macphail Center For Music Minneapolis, MN | $35,895,025 | $13,629,957 |
Northern Clay Center Minneapolis, MN | $4,214,446 | $1,584,059 |
Wisconsin Foundaton For Educational Administration Inc Madison, WI | $1,928,269 | $1,830,497 |
Compas Inc Saint Paul, MN | $901,341 | $1,622,241 |
Lundstrum Center For The Performing Arts Minneapolis, MN | $4,589,030 | $3,242,300 |
Minnetonka Center For The Arts Wayzata, MN | $4,918,797 | $1,090,621 |
Highpoint Center For Printmaking Minneapolis, MN | $3,433,299 | $1,165,145 |
Upstream Arts Minneapolis, MN | $767,921 | $982,473 |
International Music Camp Inc Minot, ND | $1,150,224 | $1,047,547 |
Foci Minnesota Center For Glass Arts Minneapolis, MN | $1,347,275 | $707,574 |
Lynden Inc River Hills, WI | $1,031,595 | $1,460,149 |
Creative Adventure Lab Inc Dubuque, IA | $790,548 | $976,399 |