Nonprofit · EIN 27-1173436
THE COWLES CENTER
Tax-exempt · MINNEAPOLIS, MN 55401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $758,556 | $1,286,065 | -$527,509 | $500,112 | $78,652 | $421,460 |
| December 31, 2023 | 990 | $3,436,956 | $3,503,241 | -$66,285 | $17,694,098 | $411,540 | $17,282,558 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $496,249
- of which government grants
- $35,000
- Program service revenue
- $250,968
- Investment income
- $24
- Net rental income
- $11,315
- Other revenue
- $11,315
Expenses
- Grants and similar amounts paid
- $208,000
- Other salaries and wages
- $276,113
- Salaries, compensation and benefits (total)
- $346,284
- Professional fundraising fees
- $0
- Legal fees
- $39,976
- Accounting fees
- $39,500
- Occupancy
- $41,123
- Travel
- $77,238
- Depreciation
- $146,937
- Program services (functional)
- $1,172,285
- Management and general (functional)
- $107,764
- Fundraising (functional)
- $6,016
Balance sheet and other
- Total assets, start of year
- $17,694,098
- Total assets, end of year
- $500,112
- Total liabilities, end of year
- $78,652
- Net assets, end of year
- $421,460
- Net assets without donor restrictions
- $1,361
- Net assets with donor restrictions
- $420,099
- Gross receipts
- $758,556
- Employees
- 39
- Volunteers
- 19
- Year formed
- 2009
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| L Kelley Lindquist | President Trustee or director, Officer | 10 | $0 | $271,989 | $23,546 |
| Will Law | Treasurer Trustee or director, Officer | 10 | $0 | $201,793 | $24,555 |
| Beth Chalmers | Chief Financial Officer Officer | 2 | $0 | $163,460 | $21,383 |
| Kathleen Kvern | Secretary Trustee or director, Officer | 10 | $0 | $156,404 | $23,902 |
| Stacey Mickelson | Vice President Trustee or director, Officer | 10 | $0 | $149,530 | $13,737 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| L Kelley Lindquist | President Trustee or director, Officer | 10 | $0 | $239,316 | $29,160 |
| Will Law | Treasurer Trustee or director, Officer | 10 | $0 | $201,610 | $30,427 |
| Kathleen Kvern | Secretary Trustee or director, Officer | 10 | $0 | $156,395 | $28,187 |
| Stacey Mickelson | Vice President Trustee or director, Officer | 10 | $0 | $150,148 | $19,467 |
| Steve Stanley thru Aug | Chief Financial Officer Officer | 2 | $0 | $103,377 | $24,942 |
| Beth Chalmers | Chief Financial Officer Officer | 2 | $0 | $52,642 | $4,922 |
Address and contacts
- Address (IRS master file)
- 250 3RD AVE N STE 400, MINNEAPOLIS, MN 55401-2863
- Principal officer (990 for 2024)
- L Kelley Lindquist, 528 Hennepin Ave 700, Minneapolis, MN 55403
- Signed the 990
- William Law, Treasurer
- Phone
- (612) 206-3636
- Website
- www.thecowlescenter.org
- 990-N for 2009 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Will Law, 250 Third Ave N Suite 500, Minneapolis MN 55401. Mailing address: 250 Third Ave N Suite 500, Minneapolis MN 55401. Website: www.artspace.org
- Return prepared by
- Eide Bailly LLP
Mission
To provide a home for the local dance company and work as an advocate for these artists by providing a professional environment with opportunities for them to refine and perform their work.
Program accomplishments
- Performance Program - In 2024 we served three companies before closing the Goodale Theater. We also honored box office projections for the three companies we couldn't host on the stage.Expenses $315,319 · revenue $141,325
- Education Program - In 2024, K-12 residency programs (Dance without Barriers, Creations, and First Moves) reached 1,941 students through 328 sessions. We ended education programming in May 2024, honoring all school commitments for the 23-24 school year and fulfilling all grant requirements.Expenses $177,665 · revenue $32,929
- Facilities Program: The facilities program at The Cowles Center supports the performing arts community by providing performance, rehearsal/studio, and administrative office space at 40% below market value for 20 area nonprofit dance and performing arts organizations, including two of Minnesota's leading dance schools, and a network of independent artists and choreographers.Expenses $112,873 · revenue $76,714
- McKnight Fellowship Program: The Cowles Center is home to the prestigious McKnight Fellowships for Dance and Choreography, which annually awards three mid-career dancers and three mid-career choreographers to deepen their craft and develop new projects.Expenses $566,428 · grants $208,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-1173436
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A61)
- Assets (IRS master file)
- $500,112
- Income (IRS master file)
- $758,556
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $758,556 | $1,286,065 | $500,112 | XML |
| 990 | December 2023 | $3,436,956 | $3,503,241 | $17,694,098 | XML |
| 990 | December 2022 | $3,800,665 | $3,273,798 | $26,829,562 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2009 Officer: Will Law Filed under this EIN, most likely by a chapter or affiliate | December 31, 2009 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1173436).
Questions about THE COWLES CENTER
- What is the EIN of THE COWLES CENTER?
- The employer identification number (EIN) of THE COWLES CENTER is 27-1173436.
- Is THE COWLES CENTER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to THE COWLES CENTER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE COWLES CENTER file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE COWLES CENTER due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE COWLES CENTER last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE COWLES CENTER?
- The 990 for the year ended December 31, 2024 names L Kelley Lindquist.
- Who are the officers and directors of THE COWLES CENTER?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does THE COWLES CENTER have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $758,556, expenses of $1,286,065 and total assets of $500,112 at year end.
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