Anne Carlsen Center Foundation
- Assets
- $85.2m
- Revenue
- $7.9m
- Investments
- $4.5m
- Employees
- 0
- Location
- Jamestown, ND
- Founding
- 06/2004
- Data as of
- 12/2023
- EIN
- 72-1524988
Organization Overview
Anne Carlsen Center Foundation is located in Jamestown, ND. The organization was established in 2004. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anne Carlsen Center Foundation 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 12/2023, Anne Carlsen Center Foundation generated $7.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. While expenses have increased by 9.6% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE MISSION AND PURPOSE OF THE ANNE CARLSEN CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT THE MISSION AND PURPOSE OF THE ANNE CARLSEN CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Schweitzer Trustee | Trustee | 1 | $0 |
Bruce Furness Trustee (through August 2023) | Trustee | 1 | $0 |
Carol Nitschke Vice Chair | OfficerTrustee | 1.5 | $0 |
Casey Stoudt Trustee (through August 2023) | Trustee | 1 | $0 |
Dr Polly Peterson Chair | OfficerTrustee | 2 | $0 |
Dr Tamara Mathison Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $115,658 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,102,479 |
| Noncash contributions included in lines 1a–1f | $3,050 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,218,137 |
| Total Program Service Revenue | $0 |
| Investment income | $2,009,620 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$464,996 |
| Net Income from Fundraising Events | $100,333 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,863,094 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $356,310 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $965,649 |
| Pension plan accruals and contributions | $21,225 |
| Other employee benefits | $71,032 |
| Payroll taxes | $70,972 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $87,652 |
| Fees for services: Other | $23,533 |
| Advertising and promotion | $10,460 |
| Office expenses | $37,810 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,452 |
| Travel | $38,881 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $424 |
| Insurance | $2,111 |
| All other expenses | $709 |
| Total functional expenses | $1,778,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,371,463 |
| Pledges and grants receivable | $3,861,346 |
| Accounts receivable, net | $9,020 |
| 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 | $0 |
| Net Land, buildings, and equipment | $985 |
| Investments—publicly traded securities | $18,970,565 |
| Investments—other securities | $4,520,633 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $54,444,111 |
| Total assets | $85,178,123 |
| Accounts payable and accrued expenses | $22,400 |
| Grants payable | $0 |
| Deferred revenue | $1,500 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,399 |
| Total liabilities | $33,299 |
| Net assets without donor restrictions | $68,236,517 |
| Net assets with donor restrictions | $16,908,307 |
| 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 | $85,178,123 |