FIRST PEOPLES FUND: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
FIRST PEOPLES FUND (EIN 82-0583682)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-08-09
IRS object ID
201112219349301686
Schema version
2010v3.2
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-08-09T17:53:47-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1CASEY PETERSON & ASSOCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1909 ST JOSEPH ST SUITE 101AddressLine1
CityRAPID CITYCity
StateSDState
ZIP Code57701ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN820583682EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1FIRST PEOPLES FUNDBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlFIRSNameControl
Phone6053480324Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2977AddressLine1
CityRAPID CITYCity
StateSDState
ZIP Code577092977ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameLORI POURIERName
TitleEXECUTIVE DIRECTORTitle
Phone6053480324Phone
Date Signed2011-08-08DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameDEIDRE BUDAHL CPAName
Phone6053481930Phone
Date Prepared2011-08-09DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonLORI POURIERNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1PO BOX 2977AddressLine1
CityRAPID CITYCity
StateSDState
ZIP Code577092977ZIPCode
FieldValueIRS element (for citing)
Gross Receipts648713GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.FIRSTPEOPLESFUND.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1995YearFormation
State Legal DomicileMNStateLegalDomicile
Activity Or Mission DescriptionFIRST PEOPLES FUND IS DEDICATED TO THE PRESERVATION, ADVANCEMENT AND WELL-BEING OF AMERICAN INDIAN AND ALASKA NATIVE ARTS AND CULTURE, DEEPLY ROOTED IN INDIGENOUS VALUES AND PLACE-BASED PRACTICES. OUR MISSION IS TO CULTIVATE AND STRENGTHEN AMERICAN INDIAN ARTIST LEADERSHIP, NURTURE THE COLLECTIVE SPIRIT THAT ALLOWS THEM TO SUSTAIN THEIR PEOPLE, DEVELOP SUCCESSFUL ARTIST ENTREPRENEURS, AND SUSTAIN ARTS AND CULTURE AT THE COMMUNITY LEVEL.ActivityOrMissionDescription
Nbr Voting Members Governing Body8NbrVotingMembersGoverningBody
Nbr Independent Voting Members7NbrIndependentVotingMembers
Total Nbr Employees6TotalNbrEmployees
Total Nbr Volunteers20TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year463942ContributionsGrantsPriorYear
Contributions Grants Current Year576615ContributionsGrantsCurrentYear
Program Service Revenue Prior Year38462ProgramServiceRevenuePriorYear
Program Service Revenue CY69976ProgramServiceRevenueCY
Investment Income Prior Year3069InvestmentIncomePriorYear
Investment Income Current Year2122InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year505473TotalRevenuePriorYear
Total Revenue Current Year648713TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year96556GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY113735GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year223761SalariesEtcPriorYear
Salaries Etc Current Year220036SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year18036TotalFundrsngExpCurrentYear
Other Expense Prior Year184680OtherExpensePriorYear
Other Expenses Current Year304257OtherExpensesCurrentYear
Total Expenses Prior Year504997TotalExpensesPriorYear
Total Expenses Current Year638028TotalExpensesCurrentYear
Revenues Less Expenses Prior Year476RevenuesLessExpensesPriorYear
Revenues Less Expenses CY10685RevenuesLessExpensesCY
Total Assets BOY412428TotalAssetsBOY
Total Assets EOY437646TotalAssetsEOY
Total Liabilities BOY371229TotalLiabilitiesBOY
Total Liabilities EOY385762TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY41199NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY51884NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionFIRST PEOPLES FUND'S MISSION IS TO HONOR AND SUPPORT THE CREATIVE COMMUNITY-CENTERED FIRST PEOPLES ARTISTS AND NURTURE THE COLLECTIVE SPIRIT THAT ALLOWS THEM TO SUSTAIN THEIR PEOPLES.MissionDescription
Significant New Program Services1SignificantNewProgramServices
Significant Change0SignificantChange
Expense99408Expense
Revenue69976Revenue
DescriptionTHE EMERGING ARTIST PROGRAM PROVIDES ARTS MARKETING AND PROFESSIONAL DEVELOPMENT TRAINING FOR ARTISTS IN RESERVATION COMMUNITIES AND PARTNERSHIPS WITH NATIVE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (NCDFI) AND OTHER NPO'S. THE TRAINING SEMINARS HELD IN 2010 INCLUDED 10 TO 20 ARTISTS FOR EACH WORKSHOP.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense293582Expense
Grants85890Grants
DescriptionARTIST IN BUSINESS LEADERSHIP AND CULTURAL CAPITAL ARE REPRESENTED UNDER ONE CLASS. THESE PROGRAMS ARE SELF DIRECTED FELLOWSHIP PROGRAMS FOR MID CAREER LEVEL ARTISTS WHICH INCLUDES COMPREHENSIVE PROFESSIONAL DEVELOPMENT AND INDUSTRY TRAINING LED BY EXPERTS IN THE NATIVE ARTS AND CULTURE FIELD. IN 2010 FPF HAD 6 CC FELLOWS AND 7 ABL FELLOWS, EACH FELLOWSHIP AWARD WAS $5000 PLUS TRAVEL STIPENDS. THE COMMUNITY SPIRIT AWARD IS A NATIONAL NOMINATION FELLOWSHIP AWARD WHICH HONORS 4-6 RECIPIENTS AND INCLUDES AN AWARD CEREMONY IN THEIR OWN COMMUNITY. EACH AWARD IS $5000.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense144695Expense
Grants27845Grants
DescriptionTHE COMMUNITY SPIRIT AWARD IS A NATIONAL NOMINATION FELLOWSHIP AWARD WHICH HONORS RECIPIENTS AND INCLUDES AN AWARD CEREMONY IN THEIR OWN COMMUNITY. THE AWARDS FOR THE FIVE 2010 RECIPIENTS WERE PAID OUT IN JANUARY 2010.Description

Activity Other ActivityOther

FieldValueIRS element (for citing)
Expense14283Expense
FieldValueIRS element (for citing)
Total Of Other Program Service Exp14283TotalOfOtherProgramServiceExp
Total Program Service Expense551968TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109631NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees6NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members8NbrVotingGoverningBodyMembers
Number Independent Voting Members7NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body0Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledMNStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number6053480324TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1601 12TH STREETAddressLine1
CityRAPID CITYCity
StateSDState
ZIP Code577092977ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
LORI POURIER
PRESIDENT41.00XX7922106992
SHERRY SALWAY BLACK
CHAIRPERSON AND MEMBER2.00XX000
DAVID COURNOYER
CHAIRPERSON AND MEMBER2.00X000
KALIMA ROSE
MEMBER1.00X000
JENNIFER EASTON
MEMBER1.00X000
NICO STRANGE OWL
MEMBER1.00XX000
DON OWEN
MEMBER1.00XX000
GABRIELLE STRONG
SECRETARY/TREASURER AND MEMBER2.00X000
LINDA STOLL
MEMBER1.00X000
DONALD MONTILEAUX
MEMBER1.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org79221TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation6992TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Government Grants79413GovernmentGrants
All Other Contributions497202AllOtherContributions
Total Contributions576615TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
WORKSHOPS9000995663256632
CONSULTING AND TRAININ90009990009000
CSA AWARD90009943444344
FieldValueIRS element (for citing)
Total Program Service Revenue69976TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column2122TotalRevenueColumn
Exclusion$2,122ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column648713TotalRevenueColumn
Related Or Exempt Function Income69976RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$2,122ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total113735Total
Program Services113735ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total79221Total
Program Services64821ProgramServices
Management And General14040ManagementAndGeneral
Fundraising360Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total108466Total
Program Services88751ProgramServices
Management And General19223ManagementAndGeneral
Fundraising492Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total4742Total
Program Services3880ProgramServices
Management And General840ManagementAndGeneral
Fundraising22Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total12104Total
Program Services9904ProgramServices
Management And General2145ManagementAndGeneral
Fundraising55Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total15503Total
Program Services12685ProgramServices
Management And General2748ManagementAndGeneral
Fundraising70Fundraising

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total2700Total
Program Services2140ProgramServices
Management And General140ManagementAndGeneral
Fundraising420Fundraising

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total7380Total
Program Services5849ProgramServices
Management And General383ManagementAndGeneral
Fundraising1148Fundraising

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total96986Total
Program Services76867ProgramServices
Management And General5036ManagementAndGeneral
Fundraising15083Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total1489Total
Program Services1302ProgramServices
Management And General185ManagementAndGeneral
Fundraising2Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total46299Total
Program Services40139ProgramServices
Management And General5963ManagementAndGeneral
Fundraising197Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total25066Total
Program Services20248ProgramServices
Management And General4701ManagementAndGeneral
Fundraising117Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total88504Total
Program Services78582ProgramServices
Management And General9881ManagementAndGeneral
Fundraising41Fundraising

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total27833Total
Program Services26577ProgramServices
Management And General1247ManagementAndGeneral
Fundraising9Fundraising

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total1885Total
Program Services1502ProgramServices
Management And General373ManagementAndGeneral
Fundraising10Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total1292Total
Program Services1114ProgramServices
Management And General175ManagementAndGeneral
Fundraising3Fundraising

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
OTHER BUSINESS EXPENSES43233528795
MEMBERSHIP DUES5003441497

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total638028Total
Program Services551968ProgramServices
Management And General68024ManagementAndGeneral
Fundraising18036Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY19886BOY
EOY191438EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY367967BOY
EOY206358EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY10000BOY
EOY20395EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY7802BOY
EOY14954EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY2222BOY
EOY1835EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis14117LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec11451LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY4551BOY
EOY2666EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY412428BOY
EOY437646EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY22230BOY
EOY27197EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY348999BOY
EOY358565EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY371229BOY
EOY385762EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY41199BOY
EOY51884EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY41199BOY
EOY51884EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY412428BOY
EOY437646EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses10685ReconcilationRevenueExpenses
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years446623CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years374943CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years438875CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year463942CurrentTaxYearMinus1Year
Current Tax Year576615CurrentTaxYear
Total2300998Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years446623CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years374943CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years438875CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year463942CurrentTaxYearMinus1Year
Current Tax Year576615CurrentTaxYear
Total2300998Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total1099680AmountsSubstContributorsTotal
Public Support Total1701201318PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2134CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2780CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years3731CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year3069CurrentTaxYearMinus1Year
Current Tax Year2122CurrentTaxYear
Total13836Total
FieldValueIRS element (for citing)
Total Support2314834TotalSupport
Gross Receipts From Admissions Etc124961GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.51900PublicSupportPertcentage170
Public Support Pertcent Prior Year0.49360PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis14117OtherCostOrOtherBasis
Depreciation11451Depreciation
Book Value2666BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings2666TotalOfBookValueLandBuildings
Total Revenue648713TotalRevenue
Total Expenses638028TotalExpenses
Excess Or Deficit For Year10685ExcessOrDeficitForYear
Total Adjustments0TotalAdjustments
Excess Or Deficit Per FS10685ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt663611TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities14898DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F99014898RevenueNotRptdF990
Revenue Subtotal648713RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form990648713TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt652926TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities14898DonatedServicesUseOfFacilities
Expenses Not Rptd F99014898ExpensesNotRptdF990
Expenses Subtotal638028ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form990638028TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

FieldValueIRS element (for citing)
IdentifierDESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:Identifier
Return ReferencePART X:ReturnReference
ExplanationTHE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS NOT LIABLE FOR INCOME TAXES IF IT OPERATES WITHIN THE CONFINES OF ITS EXEMPT STATUS. HOWEVER, THE ORGANIZATION MAY BE RESPONSIBLE FOR TAXES ON UNRELATED BUSINESS ACTIVITIES. IN THE EVENT OF AN EXAMINATION OF THE INCOME TAX RETURNS, THE TAX LIABILITY OF THE ORGANIZATION COULD BE CHANGED IF TAXING AUTHORITIES MAKE ADJUSTMENTS TO THE TAX EXEMPT PURPOSE OF THE ORGANIZATION OR IF TAXING AUTHORITIES DETERMINE ACTIVITIES ARE SUBJECT TO UNRELATED BUSINESS INCOME. AS OF DECEMBER 31, 2010, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2007. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATION, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE ORGANIZATION BELIEVES ITS ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. INTEREST AND PENALTIES ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, ARE INCLUDED IN INTEREST EXPENSE.Explanation

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantFELLOWSHIP GRANTSTypeOfGrant
Number Of Recipients18NumberOfRecipients
Amount Of Cash Grant113735AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCEDURE FOR MONITORING GRANTS IN THE U.S.:Identifier
Return ReferencePART I, LINE 2:ReturnReference
ExplanationSCHEDULE I, PART I, LINE 2: THE FUND MAINTAINS DETAILED RECORDS TO SUBSTANTIATE THE AMOUNT OF AWARDS TO ARTISTS AND FELLOWS. ARTISTS FOR THE CSA AWARD ARE NOMINATED. ARTISTS FOR THE ARTIST IN BUSINESS LEADERSHIP AND CULTURAL CAPITAL PROGRAMS APPLY ON THEIR OWN. APPLICATIONS ARE THEN REVIEWED AND SELECTED BY A NATIONAL SELECTION COMMITTEE MADE UP OF PROFESSIONALS IN THE ART FIELD OUTSIDE OF FPF STAFF. THESE SELECTIONS ARE THEN APPROVED BY THE PROGRAM OFFICER. THE BOARD ALSO MONITORS FELLOWSHIP AWARDS.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
NEW PROGRAM SERVICESFORM 990, PART III, LINE 2ANA PROJECT - NATIVE ARTS, ENTREPRENEURSHIP AND CULTURAL ASSETS PROJECT. FIRST PEOPLES FUND RECEIVED AN ADMINISTRATION FOR NATIVE AMERICANS (ANA) GRANT FOR THIS PROJECT COMMENCING ON SEPTEMBER 30, 2010. IT IS A TWO-YEAR AWARD WITH A GOAL OF CREATING A MODEL FOR NATIVE ARTIST ENTREPRENEURIAL DEVELOPMENT, AS WELL AS INCREASING THE CAPACITY OF FOUR NATIVE COMMUNITY DEVELOPMENT INSTITUTIONS TO PROVIDE A PROGRAM OF TRAINING AND TECHNICAL ASSISTANCE TO BETTER SERVE NATIVE ARTISANS AND CULTURE BEARERS. THE PROJECT WILL CENTER ON FPF'S CURRICULUM AND TRAINING PROGRAM WHICH EXAMINES BUSINESS AND ENTREPRENEURSHIP THROUGH THE EYES OF A NATIVE ARTIST.
FORM 990, PART VI, SECTION B, LINE 11THE ORGANIZATION'S PRESIDENT AND ATTORNEY REVIEW A DRAFT OF THE FORM 990 PREPARED BY THE THIRD PARTY ACCOUNTANT PRIOR TO FILING. ONCE ALL REQUESTED REVISIONS HAVE BEEN MADE THE PRESIDENT WILL APPROVE THE DRAFT FOR FILING. A FINAL COPY OF THE FILED FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE FOR SIGN OFF AND APPROVAL. THE FINALIZED RETURN IS COPIED TO ALL BOARD MEMBERS WHEN FILED WITH THE IRS, WITH SUCH FILING TYPICALLY OCCURRING 30-45 DAYS BEFORE THE NEXT REGULAR MEETING OF THE BOARD AT WHICH TIME THE AS-FILED FORM 990 IS ON THE AGENDA AND APPROVED ALONG WITH THE REPORT TO THE MINNESOTA ATTORNEY GENERAL.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION'S BOARD MEMBERS AND PRESIDENT ARE SUBJECT TO A COI POLICY THAT REQUIRES DECISION MAKING ON ANY TRANSACTION THAT WOULD AFFECT THEIR MATERIAL FINANCIAL INTEREST TO BE EFFECTED ONLY BY ACTION OF THE ENTIRE BOARD, WITH ONLY DIRECTORS WHO ARE INDEPENDENT OF THE PARTY PARTICIPATING IN THE ACTION AND WITH NOTICE OF THE CONFLICT/SUBJECT GIVEN IN ADVANCE. THE EXECUTIVE COMMITTEE ADMINISTERS THE POLICY BY ENSURING EACH AFFILIATED PERSON OF THE ORGANIZATION SIGNS A CONFLICT OF INTEREST STATEMENT ANNUALLY. QUESTION OF WHETHER AN INDIVIDUAL HAS A CONFLICT/MATERIAL FINANCIAL INTEREST ARE DECIDED BY THE BOARD, NOT INCLUDING IN SUCH DELIBERATIONS (OR VOTE) THE PARTY WHOSE POTENTIAL CONFLICT IS AT ISSUE.
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD OF DIRECTORS REVIEWS THE PRESIDENT'S SALARY ANNUALLY AND ANALYZES BASED ON THE PRESIDENT'S PERFORMANCE REVIEW IN CONJUNCTION WITH COMPARABLE POSITIONS FOR NON-PROFIT ORGANIZATIONS REGISTERED IN THE STATE OF MINNESOTA.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990. PART XI. LINE 2CTHE AUDIT COMMITTEE OF THE ORGANIZATION SELECTS THE AUDITOR ANNUALLY AND ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT.

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