Tofte Lake Center

Tax-deductible

Ely, MN501(c)(3)Arts & CultureEIN 13-4359561

We're committed to supporting artists by providing a nurturing experience rooted in nature where artists of all diciplines and backgrounds feel safe to take a break from the "work" of art to play, feel inspired, and be rejuvenated. Vision: we envision an interconnected world in harmony with nature, where artists are supported and celebrated and where taking a break is recognized as integral to the creative process.

501(c)(3) charity; gifts are tax-deductible.
62¢ of each $1 spent went to programs.
Run by 5 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average deficit $2K a year · under 1% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$37K
to officers and key staff · 11% of spending
Top officer’s pay lower than 68% of similar orgs
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
12 mo
of spending, in cash
Looks good: 11.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$323K
+20% vs prior year
Spent
$324K
To programs
62%
Net assets
$340K
By yearFY2020–FY2024
Revenue
$323K
FY2024▲ +20%
Revenue by fiscal year
FY2020$170K
FY2021$205K
FY2022$316K
FY2023$270K
FY2024$323K
Expenses
$324K
FY2024▼ -9%
Expenses by fiscal year
FY2020Not on file
FY2021$199K
FY2022$244K
FY2023$355K
FY2024$324K
Net assets
$340K
FY2024-0.2%
Net assets by fiscal year
FY2020$347K
FY2021$354K
FY2022$426K
FY2023$341K
FY2024$340K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $201K Management & general 21% · $66K Fundraising 17% · $56K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

8 people listed on the 990; $37K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$36,805Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer/Se
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Elizabeth Engelman’s $37K as Executive Di is at the 32nd percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Elizabeth Engelman$36,805$42,000$38,000$28,250$25,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Tofte Lake Center executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Nurtures artists in nature, offering a safe space for play, inspiration, and rejuvenation.

Provided by the organization

This section is blank until Tofte Lake Center claims this page.

Know this organization? Claim it to add your story

1 program service account for $201K of program spending, described in the organization's own filed words · FY2024.
01

The organization hosted artists from minnesota and across the country total artists served: 91, 66 from MN TLC'S season consisted of 12 programmed residencies: TLC hosted three weeks of individual artist residencies for artists from across disciplines, geography, backgrounds, and stages of career, providing artists space and time to…

$201Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$12K
Grants paid · 3 grants · $78K · 2023–2024
Unitemized GrantFY2024$13,400

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$323K
Ln 12
Gifts and grantsLn 1h$292K
Fees for servicesLn 2g$31K
Other incomeLn 4–11$92
Money outPt IX
$324K
Ln 25
Programscol B$201K
Managementcol C$66K
Fundraisingcol D$56K
Owns and owesPt X
$340K
net assets · Ln 32
Cash and savingsLn 1–2$312K
Total assetsLn 16$343K
LiabilitiesLn 26$3K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$292K
Government grantsLn 1e$33K
Noncash giftsLn 1g$464
Fees for servicesLn 2g$31K
Investment incomeLn 3$7
Other incomeLn 4–11$92
Total revenueLn 12$323K
Assets in detailPt X, end of year
CashLn 1$255K
SavingsLn 2$57K
Cash and savings togetherLn 1–2$312K
InvestmentsLn 11–13$453
Other assetsLn 15$31K
Total assetsLn 16$343K
LiabilitiesLn 26$3K
Net assetsLn 32$340K
OperationsPt I, VI
EmployeesI 51
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$298K$312K
InvestmentsLn 11–13$453
Total assetsLn 16$345K$343K
LiabilitiesLn 26$4K$3K
Net assetsLn 32$341K$340K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$7K$7K
Grants to domestic individualsLn 2$13K$13K
Pay of current officers, directors and key staffLn 5$37K$26K$4K$7K
Other salaries and wagesLn 7$107K$42K$27K$38K
Payroll taxesLn 10$11K$5K$2K$4K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$12K$12K
Professional fundraising feesLn 11e$4K$4K
Advertising and promotionLn 12$597$597
Office expensesLn 13$2K$54$2K$76
Information technologyLn 14$3K$2K$2K
OccupancyLn 16$72K$72K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$529$529
InsuranceLn 23$14K$2K$11K$1K
Other expenses (24a–d)Ln 24$28K$26K$2K
All other expensesLn 24e$7K$1K$5K$772
Total functional expensesLn 25$324K$201K$66K$56K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $323K$324K−$745$340K 990 PDF
FY2023 $270K$355K−$85K$341K 990 PDF
FY2022 $316K$244K$72K$426K 990 PDF
FY2021 $205K$199K$6K$354K 990 PDF
FY2020 $170K$347K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $323,257 across 7 lines filed
Lines not itemized here account for $92 of total revenue; see the IRS return.
VIII-1e Government grants$33,250
VIII-1f All other contributions, gifts and grants$258,580
VIII-1g Noncash contributions (included above)$464
VIII-1h Total contributions, gifts and grants$291,830
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $31,328$31,328
VIII-3 Investment incomeExcluded from tax $7$7
VIII-12 Total revenueRelated to mission $31,328 · Excluded from tax $99$323,257
Part IX · Statement of functional expenses $324,002 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $7,386$7,386
IX-2 Grants to domestic individualsPrograms $13,400$13,400
IX-5 Pay of current officers, directors and key staffPrograms $25,764 · Management $3,680 · Fundraising $7,361$36,805
IX-7 Other salaries and wagesPrograms $42,402 · Management $26,531 · Fundraising $37,668$106,601
IX-10 Payroll taxesPrograms $5,191 · Management $2,319 · Fundraising $3,534$11,044
IX-11b Legal feesManagement $2,648$2,648
IX-11c Accounting feesManagement $12,242$12,242
IX-11e Professional fundraising feesFundraising $3,948$3,948
IX-12 Advertising and promotionPrograms $597$597
IX-13 Office expensesPrograms $54 · Management $1,610 · Fundraising $76$1,740
IX-14 Information technologyPrograms $1,671 · Fundraising $1,671$3,342
IX-16 OccupancyPrograms $72,140$72,140
IX-17 TravelPrograms $2,318$2,318
IX-19 Conferences, conventions and meetingsPrograms $529$529
IX-23 InsurancePrograms $2,047 · Management $10,883 · Fundraising $1,393$14,323
IX-24 Other expenses (24a–d)Programs $26,374 · Management $1,570$27,944
IX-24e All other expensesPrograms $1,250 · Management $4,973 · Fundraising $772$6,995
IX-25 Total functional expensesPrograms $201,123 · Management $66,456 · Fundraising $56,423$324,002
Part X · Balance sheet $343,177 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $240,990$254,602
X-2 Savings and temporary cash investmentsStart of year $57,160$57,167
X-11 Publicly traded securities$453
X-15 Other assetsStart of year $46,444$30,955
X-16 Total assetsStart of year $344,594$343,177
X-17 Accounts payable and accrued expensesStart of year $2,585$3,124
X-26 Total liabilitiesStart of year $3,785$3,124
X-27 Net assets without donor restrictionsStart of year $340,809$340,053
X-32 Total net assets or fund balancesStart of year $340,809$340,053
X-33 Total liabilities and net assetsStart of year $344,594$343,177
Part XI · Reconciliation of net assets $340,053 net assets at year end
XI-1 Total revenue$323,257
XI-2 Total expenses$324,002
XI-3 Revenue less expenses−$745
XI-4 Net assets at start of year$340,809
XI-5 Net unrealized gains (losses) on investments−$11
XI-10 Net assets at end of year$340,053

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.