Tapestry Folkdance Center

Tax-deductible

Minneapolis, MN501(c)(3)Arts & CultureEIN 41-1459618

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Tapestry Folkdance Center's mission is "To create opportunities for participating in the joys of dance and music from around the world."

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
Run by 116 volunteers and 6 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
3 of 5
filings with a surplus
Average surplus $10K a year · 4% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$60K
to officers and key staff · 16% of spending
Top officer’s pay higher than 54% of similar orgs
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 10.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$47K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$347K
+9% vs prior year
Spent
$381K
To programs
70%
Net assets
$514K
By yearFY2020–FY2025
Revenue
$347K
FY2025▲ +9%
Revenue by fiscal year
FY2020$205K
FY2021$104K
FY2022$232K
FY2023$260K
FY2024$318K
FY2025$347K
Expenses
$381K
FY2025▲ +43%
Expenses by fiscal year
FY2020$214K
FY2021Not on file
FY2022$214K
FY2023$234K
FY2024$268K
FY2025$381K
Net assets
$514K
FY2025▼ -6%
Net assets by fiscal year
FY2020$530K
FY2021$468K
FY2022$473K
FY2023$499K
FY2024$549K
FY2025$514K

From the FY2025 Form 990 (year ending June 2025) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1983.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $266K Management & general 29% · $111K Fundraising 1% · $4K

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

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Who runs it and what they're paid

12 people listed on the 990; $60K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$59,546Pt VII · Sec A
Board President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Sherisa Oie’s $60K as Executive Director is at the 54th percentile of top reported officer pay among 2216 $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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Sherisa Oie$59,546$52,000————
Ann Mosey——$45,000$42,000$43,260$37,000

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 Tapestry Folkdance Center executive salaries →

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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

Offers opportunities to enjoy global dance and music.

Provided by the organization

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3 programs · $266K · in their own filed words · FY2024
01

The largest program at Tapestry Folkdance Center (Tapestry) is weekly dances. Tapestry hosts weekly dances in a variety of styles, including Contra, International, English County, and Ballroom. In this fiscal year, Tapestry hosted over 200 dances. On a typical weekend, 100-200 people participated in weekly dances.

$120Kprogram expense
02

Tapestry owns the building at 3748 Minnehaha Avenue in Minneapolis and makes it available for non-affiliated dance groups. During the year, roughly two dozen dance organizations rent studio space to teach a wide variety of dance forms.

$120Kprogram expense
03

In addition to the weekly and monthly dances, Tapestry hosted one large weekend event that drew dancers from around the region and the nation.

$27Kprogram expense

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 · FY2024
Total grants receivedfrom 1 funder$1K
Grants paid · 1 grant · $12K · 2024–2024
Old Farmers BallNC · FY2024$11,551

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$347K
Ln 12
Fees for servicesLn 2g$200K
Gifts and grantsLn 1h$140K
Investment incomeLn 3$4K
Money outPt IX
$381K
Ln 25
Programscol B$266K
Managementcol C$111K
Fundraisingcol D$4K
Owns and owesPt X
$514K
net assets · Ln 32
Cash and savingsLn 1–2$346K
Total assetsLn 16$561K
LiabilitiesLn 26$47K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$140K
Government grantsLn 1e$31K
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$200K
Investment incomeLn 3$4K
Other incomeLn 4–11$2K
Total revenueLn 12$347K
Assets in detailPt X, end of year
CashLn 1$124K
SavingsLn 2$222K
Cash and savings togetherLn 1–2$346K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$215K
Other assetsLn 15$0
Total assetsLn 16$561K
LiabilitiesLn 26$47K
Net assetsLn 32$514K
OperationsPt I, VI
EmployeesI 56
VolunteersI 6116
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 FY25End FY25
Cash and savingsLn 1–2$332K$346K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$236K$215K
Total assetsLn 16$571K$561K
LiabilitiesLn 26$22K$47K
Net assetsLn 32$549K$514K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$10K$10K
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$60K$41K$18K$595
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$77K$53K$23K$772
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$1K$880$383$13
Payroll taxesLn 10$11K$7K$3K$107
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$1K$729$317$11
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$88K$61K$26K$881
Advertising and promotionLn 12$4K$3K$1K$42
Office expensesLn 13$6K$4K$2K$59
Information technologyLn 14$9K$6K$3K$94
RoyaltiesLn 15$2K$1K$488$16
OccupancyLn 16$49K$34K$15K$491
TravelLn 17$0$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$98$68$29$1
InterestLn 20$80$55$24$1
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$34K$23K$10K$337
InsuranceLn 23$13K$9K$4K$133
Other expenses (24a–d)Ln 24$16K$11K$5K$162
Total functional expensesLn 25$381K$266K$111K$4K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $347K$381K−$35K$514K 990 PDF
FY2024 $318K$268K$50K$549K 990 PDF
FY2023 $260K$234K$26K$499K 990 PDF
FY2022 $232K$214K$18K$473K 990 PDF
FY2021 $104K$468K 990 PDF
FY2020 $205K$214K−$9K$530K 990 PDF

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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 FY2025 990 (4 parts)
Part VIII · Statement of revenue $346,540 across 13 lines filed
Lines not itemized here account for $58,525 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$18,895
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$31,309
VIII-1f All other contributions, gifts and grants$90,249
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$140,453
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $143,317 · Unrelated business $0 · Excluded from tax $0$143,317
VIII-3 Investment incomeRelated to mission $4,245 · Unrelated business $0 · Excluded from tax $0$4,245
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $206,087 · Unrelated business $0 · Excluded from tax $0$346,540
Part IX · Statement of functional expenses $381,322 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $9,812$9,812
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $41,087 · Management $17,864 · Fundraising $595$59,546
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $53,226 · Management $23,142 · Fundraising $772$77,140
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $880 · Management $383 · Fundraising $13$1,276
IX-10 Payroll taxesPrograms $7,386 · Management $3,211 · Fundraising $107$10,704
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $729 · Management $317 · Fundraising $11$1,057
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $60,803 · Management $26,436 · Fundraising $881$88,120
IX-12 Advertising and promotionPrograms $2,925 · Management $1,272 · Fundraising $42$4,239
IX-13 Office expensesPrograms $4,103 · Management $1,784 · Fundraising $59$5,946
IX-14 Information technologyPrograms $6,455 · Management $2,806 · Fundraising $94$9,355
IX-15 RoyaltiesPrograms $1,123 · Management $488 · Fundraising $16$1,627
IX-16 OccupancyPrograms $33,867 · Management $14,725 · Fundraising $491$49,083
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$0
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $68 · Management $29 · Fundraising $1$98
IX-20 InterestPrograms $55 · Management $24 · Fundraising $1$80
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $23,263 · Management $10,115 · Fundraising $337$33,715
IX-23 InsurancePrograms $9,196 · Management $3,998 · Fundraising $133$13,327
IX-24 Other expenses (24a–d)Programs $11,176 · Management $4,859 · Fundraising $162$16,197
IX-25 Total functional expensesPrograms $266,154 · Management $111,453 · Fundraising $3,715$381,322
Part X · Balance sheet $561,099 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $229,007$124,006
X-2 Savings and temporary cash investmentsStart of year $102,583$221,895
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $160$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $2,497$304
X-10c Land, buildings and equipment, netStart of year $236,475$214,894
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $570,722$561,099
X-17 Accounts payable and accrued expensesStart of year $21,719$46,713
X-26 Total liabilitiesStart of year $21,719$46,713
X-27 Net assets without donor restrictionsStart of year $549,003$514,386
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $549,003$514,386
X-33 Total liabilities and net assetsStart of year $570,722$561,099
Part XI · Reconciliation of net assets $514,386 net assets at year end
XI-1 Total revenue$346,540
XI-2 Total expenses$381,322
XI-3 Revenue less expenses−$34,782
XI-4 Net assets at start of year$549,003
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$165
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$514,386

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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