Friends Of Duluth Folk School
- Assets
- $53.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duluth, MN
- Founding
- 12/2017
- Data as of
- 12/2021
- EIN
- 82-2435259
Organization Overview
Friends Of Duluth Folk School is located in Duluth, MN. The organization was established in 2017. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Duluth Folk School 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 12/2021, Friends Of Duluth Folk School generated $150.1k in total revenue. All expenses for the organization totaled $139.3k during the year ending 12/2021.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SUPPORT THE EDUCATIONAL PROGRAMMING OF THE FOLK SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Bates Chair | 1 | $0 | |
Carmel Demaioribus Treasurer | 1 | $0 | |
Danielle Rhodes Secretary | 1 | $0 | |
Sumair Sheikh Board | 1 | $0 | |
Jen Buseman Board | 1 | $0 | |
Kathryn Fifield Board | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,181 |
| Total Program Service Revenue | $26,909 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $150,090 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,935 |
| Professional fees and other payments to independent contractors | $1,035 |
| Occupancy, rent, utilities, and maintenance | $79,200 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,112 |
| Total expenses | $139,282 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,432 |
| Other assets | $0 |
| Total assets | $53,432 |
| Total liabilities | $42,624 |
| Net assets or fund balances | $10,808 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Of Duluth Folk School has recieved totaling $70,388.
| Awarding Organization | Amount |
|---|---|
Duluth Superior Area Community Foundation Inc Duluth, MN PURPOSE: OUTSIDE THE BOX TRANSFORMATION; BUILDING OPPORTUNITIES AND ASSETS TOGETHER (BOAT) | $65,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $5,388 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Und Aerospace Foundation Grand Forks, ND | $87,259,673 | $35,764,126 |
South Dakota State University Foundation Brookings, SD | $287,960,105 | $54,798,337 |
Und Alumni Association And Foundation Grand Forks, ND | $413,170,247 | $55,226,015 |
North Dakota State University Foundation Fargo, ND | $450,450,295 | $29,663,255 |
Northern State University Foundation Aberdeen, SD | $84,974,607 | $23,577,331 |
University Of South Dakota Foundation Vermillion, SD | $352,818,128 | $49,591,248 |
Ics Support Organization Inc Franklin, WI | $552,959,577 | $28,861,342 |
University Of Northern Iowa Foundation Cedar Falls, IA | $173,378,893 | $31,725,389 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Sioux Falls Christian Schools Association Sioux Falls, SD | $33,580,780 | $15,294,565 |
University Research Park Inc Madison, WI | $162,117,796 | $19,527,506 |
Grinnell College Medical Benefit Plan Trust Agreement Grinnell, IA | $11,174,588 | $9,791,771 |