Nonprofit · EIN 27-3479875
THREADS DANCE PROJECT
Tax-exempt · MINNEAPOLIS, MN 55404
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $527,724 | $423,566 | $104,158 | $326,521 | $5,076 | $321,445 |
| December 31, 2024 | 990 (amended) | $328,049 | $350,499 | -$22,450 | $416,800 | $302,720 | $114,080 |
| December 31, 2023 | 990 | $430,988 | $313,198 | $117,790 | $199,188 | $62,286 | $136,902 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $448,031
- of which government grants
- $75,398
- Program service revenue
- $69,805
- Investment income
- $5,863
- Other revenue
- $4,025
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $51,425
- Other salaries and wages
- $182,916
- Salaries, compensation and benefits (total)
- $252,669
- Professional fundraising fees
- $5,028
- Accounting fees
- $12,524
- Occupancy
- $50,882
- Travel
- $24,555
- Program services (functional)
- $331,291
- Management and general (functional)
- $49,886
- Fundraising (functional)
- $42,389
Balance sheet and other
- Total assets, start of year
- $416,800
- Total assets, end of year
- $326,521
- Total liabilities, end of year
- $5,076
- Net assets, end of year
- $321,445
- Net assets without donor restrictions
- $321,445
- Gross receipts
- $527,724
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2011
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN CHARLES | EXECUTIVE DIRECTOR Officer | 40 | $51,425 |
| ALICIA PHILLIPS | PRESIDENT Trustee or director, Officer | 2 | $0 |
| KENNETH CHARLES | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| NICOLE GREEN | TREASURER Trustee or director, Officer | 1 | $0 |
| MELISSA GARNETT | DIRECTOR Trustee or director, Officer | 1 | $0 |
| REKA LEEAPHON | DIRECTOR Trustee or director, Officer | 1 | $0 |
| MINYA NANCE | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN PAULY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN CHARLES | EXECUTIVE DIRECTOR Officer | 40 | $46,325 |
| OMARRA ALEXANDER | SECRETARY Trustee or director, Officer | 1 | $0 |
| KENNETH CHARLES | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| ALICIA PHILLIPS | PRESIDENT Trustee or director, Officer | 2 | $0 |
| AMANDA THOR | DIRECTOR Trustee or director | 1 | $0 |
| ELLA MCGRADY-WILEY | DIRECTOR Trustee or director | 1 | $0 |
| TRACI SHANNON | DIRECTOR Trustee or director | 1 | $0 |
| ANGELA ERICSON | DIRECTOR Trustee or director | 20 | $0 |
| MARGARET OGAS | DIRECTOR Trustee or director | 20 | $0 |
| KAREN AALGAARD | DIRECTOR Trustee or director | 10 | $0 |
| LUCIA NASCIMENTO | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN CHARLES | EXECUTIVE DIRECTOR Officer | 40 | $39,056 |
| AMANDA NORMAN | PRESIDENT Trustee or director, Officer | 2 | $0 |
| OMARRA ALEXANDER | SECRETARY Trustee or director, Officer | 1 | $0 |
| KENNETH CHARLES | DIRECTOR Trustee or director | 1 | $0 |
| ALICIA PHILLIPS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| AMANDA THOR | DIRECTOR Trustee or director | 1 | $0 |
| ELLA MCGRADY-WILEY | TREASURER/SECRETARY Trustee or director, Officer | 1 | $0 |
| TRACI SHANNON | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2213 SNELLING AVE, MINNEAPOLIS, MN 55404-3156
- In care of
- % KAREN L CHARLES
- Principal officer (990 for 2025)
- KAREN L CHARLES, 2213 SNELLING AVE 100, MINNEAPOLIS, MN 55404
- Signed the 990
- KAREN L CHARLES, EXECUTIVE DIRECTOR
- Phone
- (952) 250-5965
- Website
- HTTP://THREADSDANCE.ORG/
- 990-N for 2012 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Karen Charles, 1740 Bridgewater Road, Golden Valley MN 55422. Mailing address: 1740 Bridgewater Road, Golden Valley MN 55422.
- Return prepared by
- CARPENTER EVERT & ASSOCIATES LTD
Mission
TO EXAMINE, EXPOSE AND CELEBRATE THE THREADS THAT CONNECT US.
Program accomplishments
- PERFORMANCE- THREADS PRESENTED 2 SEASON PERFORMANCES TAPESTRIES (SPRING), BEYOND THE POINT OF KNOWING (FALL) THESE PROGRAMS SERVED APPROXIMATELY 800 AUDIENCE MEMBERS, THREADS ALSO HAD A TOUR & RESIDENCY AT UNIVERSITY OF GEORGIA(UGA); PERFORMED AT THE UNCF ANNUAL MARTIN LUTHER KING BREAKFAST;PROGRAMS - CONTINUED YOUTH PROGRAMMING BUT STILL NOT SELF-SUSTAINING PROGRAM; CONTINUED SUMMER IN DANCE INTENSIVE PROGRAM; 3RD PARTNERSHIP WITH STAGES THEATER COMPANY AS CHOREOGRAPHER FOR THEIR MUSICALS; LAUNCHED A STUDIO PARTNER RENTAL PROGRAM THAT HAS BEEN MARGINALLY SUCCESSFULOUTREACH - TAUGHT 2 COMMUNITY MOVEMENT CLASSES IN PARTNERSHIP WITH MINNESOTA ORCHESTRA; TAUGHT FREE CLASSES IN ATHENS, GA COMMUNITY AS PART OF UGA RESIDENCY; PROVIDED MOVEMENT CLASSES AT THE BRIDGE FOR YOUTH; PROVIDED FREE OPEN REHEARSALS FOR LOCAL COMMUNITY. 2025 OUTREACH SERVED APPROXIMATELY 100 INDIVIDUALS; PROVIDED WORKSHOPS & CLASSES FOR FAIR SCHOOL DOWNTOWN STUDENTS AND ARTS INSTRUCTORS (MINNEAPOLIS PUBLIC SCHOOLS) ORG EFFECTIVENESS - FILLED FT MANAGING DIRECTOR POSITION THAT HAD BEEN OPEN FOR 18MOS.; PROVIDED HEALT BENEFIT STIPEND TO FT EMPLOYEES; WORKED WITH CONSULTANT TO DEVELOP INDIVIDUAL GIVNG PLAN TO LAUNCH IN 2026Expenses $331,291
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 | 990 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
- 27-3479875
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A62)
- Assets (IRS master file)
- $326,521
- Income (IRS master file)
- $527,724
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $527,724 | $423,566 | $326,521 | XML |
| 990 | December 2024 | $328,049 | $350,499 | $416,800 | XML |
| 990 | December 2023 | $430,988 | $313,198 | $199,188 | XML |
| 990 | December 2022 | $254,160 | $265,291 | $101,978 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: Karen Charles Filed under this EIN, most likely by a chapter or affiliate | December 31, 2012 | ≤ $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 27-3479875).
Questions about THREADS DANCE PROJECT
- What is the EIN of THREADS DANCE PROJECT?
- The employer identification number (EIN) of THREADS DANCE PROJECT is 27-3479875.
- Is THREADS DANCE PROJECT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to THREADS DANCE PROJECT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THREADS DANCE PROJECT 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 THREADS DANCE PROJECT due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THREADS DANCE PROJECT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THREADS DANCE PROJECT?
- The 990 for the year ended December 31, 2025 names KAREN L CHARLES.
- Who are the officers and directors of THREADS DANCE PROJECT?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $51,425 (KAREN CHARLES, EXECUTIVE DIRECTOR).
- How much revenue does THREADS DANCE PROJECT have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $527,724, expenses of $423,566 and total assets of $326,521 at year end.
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