THE DEPOT FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- THE DEPOT FOUNDATION (EIN 41-1356072)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-15
- IRS object ID
- 202641359349103419
- Schema version
- 2024v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-15T14:19:32-04:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 411414667 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ESTERBROOKS CPAS LTD | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 302 W SUPERIOR ST STE200 | AddressLine1Txt |
| City | DULUTH | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411356072 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DEPOT FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DEPO | BusinessNameControlTxt |
| Phone | 2182799913 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 506 W MICHIGAN ST | AddressLine1Txt |
| City | DULUTH | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55802 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JASON YOUNG | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2182799913 | PhoneNum |
| Signature | 2026-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL A PEDERSON | PreparerPersonNm |
| PTIN | P00454472 | PTIN |
| Phone | 2187276846 | PhoneNum |
| Preparation | 2026-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| PF60 Month Term Sect507b1 B | Yes (X) | PF60MonthTermSect507b1BInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,805,337 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $266,197 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $196,505 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $196,505 | InterestOnSavNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $165,366 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $591,098 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $165,366 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $17,507 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $645,575 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $361,871 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $95,820 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $4,791 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $91,029 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $27,083 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $27,083 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $12,459 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $515 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $11,944 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,700 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $37,211 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $36,131 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $49 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $49 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $1,374 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $4,463 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $4,463 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $703 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $703 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $10,231 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $10,231 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $39,361 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $39,361 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $236,454 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $41,486 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $184,814 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $399,318 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $558,841 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $635,772 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $41,486 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $743,655 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $9,803 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $320,385 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $47,107 | CashBOYAmt |
| Cash EOY | $11,710 | CashEOYAmt |
| Cash EOYFMV | $11,710 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $461,489 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $491,303 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $491,303 | SavAndTempCashInvstEOYFMVAmt |
| Inventories BOY | $2,507 | InventoriesBOYAmt |
| Inventories EOY | $5,059 | InventoriesEOYAmt |
| Inventories EOYFMV | $5,059 | InventoriesEOYFMVAmt |
| Prepaid Expenses BOY | $1,120 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $1,107 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,107 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $472,669 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $348,414 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $348,414 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $1,492,273 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,521,970 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,521,970 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $313,361 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $195,760 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $195,760 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $5,118,998 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $742,040 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,140,616 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $20,597 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $14,692 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $6,183 | LandBOYAmt |
| Land EOY | $5,905 | LandEOYAmt |
| Land EOYFMV | $5,905 | LandEOYFMVAmt |
| Other Assets BOY | $70,828 | OtherAssetsBOYAmt |
| Other Assets EOY | $83,493 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $83,493 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $7,986,535 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,406,761 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,805,337 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $3,015 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $228 | AccountsPayableEOYAmt |
| Grants Payable BOY | $685,391 | GrantsPayableBOYAmt |
| Grants Payable EOY | $515,930 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $57,815 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $76,914 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $746,221 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $593,072 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $7,000,715 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $7,583,349 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $239,599 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $230,340 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,240,314 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,813,689 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,986,535 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,406,761 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,240,314 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $9,803 | ExcessRevenueOverExpensesAmt |
| Other Increases | $563,572 | OtherIncreasesAmt |
| Subtotal | $7,813,689 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $7,813,689 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | WELLS FARGO INVESTMENTS | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $499,712 | GrossSalesPriceAmt |
| Cost Or Other Basis | $425,732 | CostOrOtherBasisAmt |
| Gain Or Loss | $73,980 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $73,980 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $165,366 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $73,980 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,453 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,453 | SubtotalAmt |
| Tax Based On Investment Income | $4,453 | TaxBasedOnInvestmentIncomeAmt |
| Tax Due | $4,453 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.DEPOTFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | SHELLY VANNESTE | IndividualWithBooksNm |
| Phone | 2182799913 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 506 W MICHIGAN ST | AddressLine1Txt |
| City | DULUTH | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (14 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| AMY KURONEN | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | CHAIR | 1.00 | $0 | $0 | $0 |
| CHRISTINE MELONE | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | VICE CHAIR | 1.00 | $0 | $0 | $0 |
| ROBERT FISCHER | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | SECRETARY | 1.00 | $0 | $0 | $0 |
| JENNY MILLER | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | TREASURER | 1.00 | $0 | $0 | $0 |
| DENNIS LAMKIN | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| ELISSA HUSBY | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| KRIS KAPSNER | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| RICK LUBBERS | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JILL PINKNEY-PASTRANA | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| BARB PERELLA | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| R CRAFT DRYER | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| PAT CUTSHALL | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| ERICA WALLI | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JASON YOUNG | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | EXECUTIVE DI | 40.00 | $95,820 | $2,746 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | GRANTS TO SUPPORT THE IDENTITY OF THE DEPOT AS A VITAL AND THRIVING CULTURAL, ARTS, AND HERITAGE CENTER. | Description1Txt |
| Expenses1 | $399,318 | Expenses1Amt |
| Description2 | ANNUAL CIRCLE OF FRIENDS ARTS & CULTURE AWARDS. THE AWARDS RECOGNIZE MEMBERS OF THE COMMUNITY IN THE AREAS OF ARTS, CULTURE AND HISTORICAL PRESERVATION | Description2Txt |
| Expenses2 | $14,566 | Expenses2Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $8,129,450 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $54,752 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,184,202 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $8,184,202 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $122,763 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,061,439 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $403,072 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $403,072 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,453 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,453 | TotalTaxAmt |
| Distributable Before Adj | $398,619 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $398,619 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $398,619 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $743,655 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $743,655 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $398,619 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $105,645 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $68,582 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $159,632 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $138,464 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $472,323 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $743,655 | QualifyingDistributionsAmt |
| Applied To Current Year | $398,619 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $345,036 | RemainingDistriFromCorpusAmt |
| Total Corpus | $817,359 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $105,645 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $711,714 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $68,582 | ExcessFromYear3Amt |
| Excess From Year2 | $159,632 | ExcessFromYear2Amt |
| Excess From Year1 | $138,464 | ExcessFromYear1Amt |
| Excess From Current Year | $345,036 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (31 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|---|
| DULUTH SUPERIOR SYMPHONY ORCHESTRA | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | LESHNOFF/KORNGOLD PERFORMANCE, WALTO | $12,725 | |
| DULUTH SUPERIOR SYMPHONY ORCHESTRA | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | ARTS FOR ALL SCHOLARSHIPS | $3,700 | |
| LAKE SUPERIOR RAILROAD MUSEUM | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | ARTS FOR ALL SCHOLARSHIPS | $1,135 | |
| LAKE SUPERIOR RAILROAD MUSEUM | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | GALLERY CAR PROJECT | $29,480 | |
| MINNESOTA BALLET | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | STUDIO 4 EQUIPMENT, MARLEY FLOORING, | $83,346 | |
| MINNESOTA BALLET | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | ARTS FOR ALL SCHOLARSHIPS | $13,780 | |
| ST LOUIS COUNTY - THE DEPOT | ||||||||
| 100 N 5TH AVE W 202 | DULUTH | MN | 55802 | NONE | PC | WELCOME DESK | $8,153 | |
| ST LOUIS COUNTY HISTORICAL SOCIETY | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | ELECTRICAL IMPROVEMENTS, DISPLAY FIX | $49,808 | |
| ZEITGEIST CENTER FOR ARTS AND COMMU | ||||||||
| 222 E SUPERIOR ST | DULUTH | MN | 55802 | NONE | PC | A COLLECTIBLE SENSATION | $30,000 | |
| LAKE ARTS PROJECT | ||||||||
| 2121 N 52ND ST | MILWAUKEE | WI | 53208 | NONE | PC | RELATE/CREATE | $16,159 | |
| LYRIC OPERA OF THE NORTH | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | FALL DOUBLE BILL, WINTER OPERA, LITT | $10,500 | |
| THE OLD HILLSIDE LLC | ||||||||
| 177 DWIGHT STREET 3F | BROOKLYN | NY | 11231 | NONE | NC | REVISIONIST | $20,000 | THE 24 HOUR COMPANY |
| ZEITGEIST CENTER FOR ARTS AND COMMU | ||||||||
| 222 E SUPERIOR ST | DULUTH | MN | 55802 | NONE | PC | FILM FESTIVAL PROGRAM AND CELEBRATIO | $10,901 | |
| ZEITGEIST CENTER FOR ARTS AND COMMU | ||||||||
| 222 E SUPERIOR ST | DULUTH | MN | 55802 | NONE | PC | MFF KEYNOTE PRESENTATION, AWARD CERE | $5,249 | |
| NORTH SHORE SCENIC RAILROAD | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | ARTS FOR ALL SCHOLARSHIPS | $720 | |
| DULUTH SUPERIOR SYMPHONY ORCHESTRA | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | OPERATING - DEPOT UNITED CAMPAIGN | $5,189 | |
| MINNESOTA BALLET | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | OPERATING - DEPOT UNITED CAMPAIGN | $5,189 | |
| LAKE SUPERIOR RAILROAD MUSEUM | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | OPERATING - DEPOT UNITED CAMPAIGN | $5,189 | |
| ST LOUIS COUNTY HISTORICAL SOCIETY | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | OPERATING - DEPOT UNITED CAMPAIGN | $5,189 | |
| DULUTH ARTS INSTITUTE | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | HANFT FRIDE VOUCHER PROGRAM | $80 | |
| DULUTH SUPERIOR SYMPHONY ORCHESTRA | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | HANFT FRIDE VOUCHER PROGRAM | $1,318 | |
| MINNESOTA BALLET | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | HANFT FRIDE VOUCHER PROGRAM | $1,160 | |
| LAKE SUPERIOR RAILROAD MUSEUM | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | HANFT FRIDE VOUCHER PROGRAM | $3,241 | |
| ST LOUIS COUNTY HISTORICAL SOCIETY | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | HANFT FRIDE VOUCHER PROGRAM | $248 | |
| NORTH SHORE SCENIC RAILROAD | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | HANFT FRIDE VOUCHER PROGRAM | $4,023 | |
| ST LOUIS COUNTY - THE DEPOT | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | THEATRE RIGGING UPGRADE | $149,000 | |
| DULUTH ART INSTITUE | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | ART EXHIBITS | $1,098 | |
| LAKE SUPERIOR RAILROD MUSEUM | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | MUSEM LIGHTS UPGRADE | $19,874 | |
| MINNESOTA BALLET | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | REMODEL AND REVITALIZATION | $24,510 | |
| ST LOUIS COUNTY HISTORICAL SOCIETY | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | MEDAL OF HONOR | $12,500 | |
| DULUTH SUPERIOR SYMPHONY ORCHESTRA | ||||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | BRIDGE SESSIONS, SEASON 3 | $25,377 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $558,841 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ARROWHEAD CHORALE | |||||||
| 506 W MICHIGAN ST 1 | DULUTH | MN | 55802 | NONE | PC | MUSICAL MERRIMENT | $4,015 |
| LAKE ARTS PROJECT | |||||||
| 2121 N 52ND ST | MILWAUKEE | WI | 53208 | NONE | PC | RELATE/CREATE | $841 |
| LAKE SUPERIOR RAILROAD MUSEUM | |||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | GALLERY CAR PROJECT | $40,520 |
| MINNESOTA BALLET | |||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | STUDIO 4 EQUIPMENT, MARLEY FLOORING | $18,710 |
| ST LOUIS COUNTY HISTORICAL SOCIETY | |||||||
| 506 W MICHIGAN ST | DULUTH | MN | 55802 | NONE | PC | ELECTRICAL IMPROVEMENTS, DISPLAY FIX | $8,750 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $72,836 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $196,505 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $165,366 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| OTHER INCOME | $1,086 | ||
| SLC FACILIATOR FEES | $4,875 | ||
| FAILED GRANTS | 41 | $11,546 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $373,417 | ExclusionAmt |
| Related Or Exempt Function Incm | $5,961 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $379,378 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| DR MRS BERNHARD BOECKER | ||||||
| 1 | 901 RIDGEWOOD AVE | VENICE | FL | 34285 | $72,938 | Yes (X) |
| MURIEL WHITESIDE CHARITABLE TRUST | ||||||
| 2 | 130 W SUPERIOR ST | DULUTH | MN | 55802 | $111,004 | Yes (X) |
| HANFT FRIDE | ||||||
| 3 | 130 W SUPERIOR ST 1000 | DULUTH | MN | 55802 | $12,000 | Yes (X) |
| CAMPBELL FAMILY CHARITABLE TRUST | ||||||
| 4 | 8 BENNINGTON RD | SUPERIOR | WI | 54880 | $10,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION AND COMPILATION | CategoryTxt |
| Amt | $7,700 | Amt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | FURNITURE FOR OFFICE SPACE | PropertyDesc |
| Acquired | 2021-12-31 | AcquiredDt |
| Cost Or Other Basis | $9,618 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $3,435 | PriorYearDepreciationAmt |
| Computation Method | STRAIGHT LINE | ComputationMethodTxt |
| Life | 7.0000 | LifeRt |
| Current Year Expense | $1,374 | CurrentYearExpenseAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE OBLIGATIONS | BondNm |
| EOY Book Value | $195,760 | EOYBookValueAmt |
| EOYFMV | $195,760 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DOMESTIC AND INTERNATIOANL MUTUAL FU | $997,432 | $997,432 |
| EQUITIES | $5,524,538 | $5,524,538 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $348,414 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $348,414 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Listed At Cost Or FMVListedAtCostOrFMVCd | EOYFMVEOYFMVAmt | Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt |
|---|---|---|---|
| FMV | $398,576 | ||
| FMV | $343,464 | REAL ASSET FUNDS | $343,464 |
| FMV | $398,576 | ALTERNATIVE INVESTMENTS | $398,576 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | EQUIPMENT | CategoryOrItemTxt |
| Cost Or Other Basis | $20,597 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $14,692 | AccumulatedDepreciationAmt |
| Book Value | $5,905 | BookValueAmt |
| EOYFMV | $5,905 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ACCRUED INTEREST | $13,013 | $6,579 | $6,579 |
| DEPOT MARKETING FUND HELD IN TRUST | $57,815 | $76,914 | $76,914 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| EXPENSES | ||
| DUES & SUBSCRIPTIONS | $2,157 | $2,157 |
| TELECOMMUNICATIONS | $883 | $883 |
| OFFICE EXPENSE | $2,570 | $2,570 |
| POSTAGE | $3,470 | $3,470 |
| REPAIRS & MAINTENANCE | $1,844 | $1,844 |
| INSURANCE | $2,839 | $2,839 |
| MARKETING | $2,485 | $2,485 |
| DEPOT UNITED CAMPAIGN EXPENSE | $8,547 | $8,547 |
| CIRCLE OF FRIENDS EVENT | $13,826 | $13,826 |
| ARTS & CULTURAL AWARDS | $740 | $740 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| OTHER INCOME | $1,086 |
| SLC FACILIATOR FEES | $4,875 |
| FAILED GRANTS | $11,546 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS | Desc |
| Amt | $563,572 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEPOT MARKETING FUND TRUST ACCOUNT | Desc |
| BOY Book Value | $57,815 | BOYBookValueAmt |
| EOY Book Value | $76,914 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| TECHNOLOGY | $580 | |
| HUMAN RESOURCES | $500 | |
| INVESTMENT FEES | $36,131 | $36,131 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAX WITHHELD AT SOURCE | CategoryTxt |
| Amt | $49 | Amt |
| Net Investment Income | $49 | NetInvestmentIncomeAmt |
Comments