Kaddatz Galleries Ltd FY2024 filing

Tax-deductible

Fergus Falls, MN501(c)(3)Arts & CultureEIN 26-2693338Revenue $343K in FY2024

On file with the IRSkaddatzgalleries.org111 W Lincoln Ave, 56537-2133 · Fergus Falls, MNTax-exempt since Mar 2009Publicly supported charity — 170(b)(1)(A)(vi)

Tell your story. Claim this org

To foster visual arts education and appreciation, and to maintain an education center/display post where the works of charles beck and other recognized local artists will be accessible to the public

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $12K a year · 4% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $20K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$343K
+6% vs prior year
Spent
$344K
To programs
86%
Net assets
$258K
By yearFY2021–FY2025
Revenue
$343K
FY2024▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2021$368K
FY2022$339K
FY2023$324K
FY2024$343K
FY2025$282K
Expenses
$344K
FY2024▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2021$273K
FY2022$329K
FY2023$336K
FY2024$344K
FY2025$316K
Net assets
$258K
FY2024-0.4%
Tap a bar for its year
Net assets by fiscal year
FY2021$261K
FY2022$271K
FY2023$259K
FY2024$258K
FY2025$224K

From the FY2024 Form 990 (year ending June 2024) · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2009.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $297K Management & general 11% · $38K Fundraising 3% · $9K

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

Something off? Claim to fix it

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
See Kaddatz Galleries Ltd executive salaries →

On this list? Claim this org

Something off? Claim to fix it

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 15aNo

Programs and updates

Promotes visual arts education and appreciation, displaying local artists' work for public access.

Questions for Kaddatz Galleries Ltd

Tap to ask. Kaddatz Galleries Ltd sees how many people are interested.

Your first name shows with your question. Kaddatz Galleries Ltd answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $297K · in their own filed words · FY2023
01

Foster visual arts education and appreciation

$297Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$20K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$343K
Ln 12
Gifts and grantsLn 1h$193K
Other incomeLn 4–11$137K
Fees for servicesLn 2g$14K
Money outPt IX
$344K
Ln 25
Programscol B$297K
Managementcol C$38K
Fundraisingcol D$9K
Owns and owesPt X
$258K
net assets · Ln 32
Cash and savingsLn 1–2$173K
Total assetsLn 16$265K
LiabilitiesLn 26$6K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$193K
Fees for servicesLn 2g$14K
Investment incomeLn 3$344
Other incomeLn 4–11$137K
Total revenueLn 12$343K
Assets in detailPt X, end of year
CashLn 1$103K
SavingsLn 2$70K
Cash and savings togetherLn 1–2$173K
Land, buildings, equipmentLn 10c$71K
Other assetsLn 15$20K
Total assetsLn 16$265K
LiabilitiesLn 26$6K
Net assetsLn 32$258K
OperationsPt I, VI
EmployeesI 55
VolunteersI 612
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$175K$173K
Land, buildings, equipmentLn 10c$75K$71K
Total assetsLn 16$270K$265K
LiabilitiesLn 26$11K$6K
Net assetsLn 32$259K$258K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$114K$103K$11K
Other employee benefitsLn 9$6K$6K$641
Payroll taxesLn 10$9K$8K$893
Accounting feesLn 11c$9K$9K
Advertising and promotionLn 12$13K$12K$1K
Office expensesLn 13$5K$648$4K
Information technologyLn 14$224$22$202
OccupancyLn 16$24K$22K$2K
TravelLn 17$561$505$56
Depreciation, depletion and amortizationLn 22$4K$4K$231
InsuranceLn 23$4K$2K$2K
Other expenses (24a–d)Ln 24$134K$125K$9K
All other expensesLn 24e$21K$15K$5K
Total functional expensesLn 25$344K$297K$38K$9K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $282K$316K−$34K$224K 990 PDF
FY2024 Viewing $343K$344K−$985$258K 990 PDF
FY2023 $324K$336K−$12K$259K 990 PDF
FY2022 $339K$329K$10K$271K 990 PDF
FY2021 $368K$273K$95K$261K 990 PDF

More to add? 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 (6 parts)
Part I · Summary $343,291 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $213,382$192,579
I-9 Program service revenuePrior year $6,380$13,624
I-10 Investment incomePrior year $194$344
I-11 Other revenuePrior year $103,969$136,744
I-12 Total revenuePrior year $323,925$343,291
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $136,703$129,657
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $199,096$214,619
I-18 Total expensesPrior year $335,799$344,276
I-19 Revenue less expensesPrior year −$11,874−$985
Part VI · Governance 10 of 10 board members independent, 3 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $343,291 across 7 lines filed
Lines not itemized here account for $123,825 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$192,579
VIII-1h Total contributions, gifts and grants$192,579
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $13,624$13,624
VIII-3 Investment incomeExcluded from tax $344$344
VIII-8 Net income from fundraising events$11,701
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,218$1,218
VIII-12 Total revenueRelated to mission $14,842 · Unrelated business $123,825 · Excluded from tax $344$343,291
Part IX · Statement of functional expenses $344,276 across 13 lines filed
IX-7 Other salaries and wagesPrograms $102,892 · Management $11,432$114,324
IX-9 Other employee benefitsPrograms $5,767 · Management $641$6,408
IX-10 Payroll taxesPrograms $8,032 · Management $893$8,925
IX-11c Accounting feesManagement $9,238$9,238
IX-12 Advertising and promotionPrograms $11,951 · Management $1,328$13,279
IX-13 Office expensesPrograms $648 · Management $4,295$4,943
IX-14 Information technologyPrograms $22 · Management $202$224
IX-16 OccupancyPrograms $21,516 · Management $2,391$23,907
IX-17 TravelPrograms $505 · Management $56$561
IX-22 Depreciation, depletion and amortizationPrograms $3,690 · Management $231$3,921
IX-23 InsurancePrograms $2,212 · Management $2,212$4,424
IX-24 Other expenses (24a–d)Programs $124,691 · Fundraising $8,823$133,514
IX-24e All other expensesPrograms $15,257 · Management $5,351$20,608
IX-25 Total functional expensesPrograms $297,183 · Management $38,270 · Fundraising $8,823$344,276
Part X · Balance sheet $264,630 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $114,811$102,966
X-2 Savings and temporary cash investmentsStart of year $59,744$70,088
X-10c Land, buildings and equipment, netStart of year $74,999$71,078
X-15 Other assetsStart of year $20,498$20,498
X-16 Total assetsStart of year $270,052$264,630
X-17 Accounts payable and accrued expensesStart of year $10,848$6,411
X-26 Total liabilitiesStart of year $10,848$6,411
X-27 Net assets without donor restrictionsStart of year $259,204$258,219
X-32 Total net assets or fund balancesStart of year $259,204$258,219
X-33 Total liabilities and net assetsStart of year $270,052$264,630
Part XI · Reconciliation of net assets $258,219 net assets at year end
XI-1 Total revenue$343,291
XI-2 Total expenses$344,276
XI-3 Revenue less expenses−$985
XI-4 Net assets at start of year$259,204
XI-10 Net assets at end of year$258,219

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.

Your org? Add context

Made it to the end? Claim this org

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.