Skip to main content

Nonprofit · EIN 41-1459618

TAPESTRY FOLKDANCE CENTER

Tax-exempt · MINNEAPOLIS, MN 55406

Financials

$318K$268K2023$347K$381K2024
Revenue Expenses · by fiscal year end
Financials of TAPESTRY FOLKDANCE CENTER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$346,540$381,322-$34,782$561,099$46,713$514,386
June 30, 2024990$317,726$267,588$50,138$570,722$21,719$549,003
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$140,453
of which government grants
$31,309
Membership dues
$18,895
Program service revenue
$199,677
Investment income
$4,245
Other revenue
$2,165

Expenses

Grants and similar amounts paid
$9,812
Compensation of officers, directors and key employees
$59,546
Other salaries and wages
$77,140
Salaries, compensation and benefits (total)
$148,666
Professional fundraising fees
$0
Accounting fees
$1,057
Occupancy
$49,083
Depreciation
$33,715
Program services (functional)
$266,154
Management and general (functional)
$111,453
Fundraising (functional)
$3,715

Balance sheet and other

Total assets, start of year
$570,722
Total assets, end of year
$561,099
Total liabilities, end of year
$46,713
Net assets, end of year
$514,386
Land, buildings and equipment
$214,894
Net assets without donor restrictions
$514,386
Gross receipts
$346,540
Employees
6
Volunteers
65
Year formed
1983
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Sherisa OieExecutive Director
Trustee or director, Key employee, Highest-paid employee
30$59,546
Hollie BentonBoard President
Trustee or director, Officer
2$0
Judine PattinsonVice President
Trustee or director, Officer
2$0
Susan KnutsonSecretary
Trustee or director, Officer
1$0
Kevin GeraghtyTreasurer
Trustee or director, Officer
2$0
Nancy SatherMember at Large
Trustee or director
1$0
Arthur BjorngjeldMember at Large
Trustee or director
1$0
Mary WellsBoard Member
Trustee or director
1$0
Hristina MarkovaBoard Member
Trustee or director
1$0
Lydia McAnerneyMember at Large
Trustee or director
1$0
Sally GordonMember at Large
Trustee or director
1$0
Carrie GuentherMember at Large
Trustee or director
1$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
Sherisa OieExecutive Director
Key employee, Highest-paid employee
30$52,000
Hollie BentonBoard President
Trustee or director, Officer
6$0
Judine PattinsonVice President
Trustee or director, Officer
2$0
Susan KnutsonSecretary
Trustee or director, Officer
2$0
Kevin GeraghtyTreasurer
Trustee or director, Officer
2$0
Nancy SatherBoard Member
Trustee or director
1$0
Arthur BjorngjeldBoard Member
Trustee or director
1$0
Mary WellsBoard Member
Trustee or director
1$0
Hristina MarkovaBoard Member
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3748 MINNEHAHA AVE, MINNEAPOLIS, MN 55406-2668
Principal officer (990 for 2024)
Hristina Markova, 310 Wyndham Cir W, New Brighton, MN 55112
Signed the 990
Hristina Markova, Treasurer
Phone
(612) 722-2914

Mission

Tapestry Folkdance Center's mission is "Tapestry Folkdance Center welcomes all to participate in the joy of dance and music from a variety of cultural traditions."

990 for the year ended June 30, 2025

Program accomplishments

  • 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. Tapestry also hosted monthly dances including a dance for seniors. Most dances include instruction.
    Expenses $119,769 · revenue $99,596
  • 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.
    Expenses $119,769 · revenue $56,360
  • In addition to the weekly and monthly dances, Tapestry hosted one large weekend event that drew dancers from around the region and the nation.
    Expenses $26,616 · revenue $43,721

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
41-1459618
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
1983
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$561,099
Income (IRS master file)
$346,540

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$346,540$381,322$561,099XML
990June 2024$317,726$267,588$570,722XML
990June 2023$260,247$234,235$525,928IRS
990June 2022$232,010$213,551$500,373IRS
990-EZJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS

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 41-1459618).

Questions about TAPESTRY FOLKDANCE CENTER

What is the EIN of TAPESTRY FOLKDANCE CENTER?
The employer identification number (EIN) of TAPESTRY FOLKDANCE CENTER is 41-1459618.
Is TAPESTRY FOLKDANCE CENTER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to TAPESTRY FOLKDANCE CENTER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TAPESTRY FOLKDANCE 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 TAPESTRY FOLKDANCE CENTER due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TAPESTRY FOLKDANCE CENTER last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of TAPESTRY FOLKDANCE CENTER?
The 990 for the year ended June 30, 2025 names Hristina Markova.
Who are the officers and directors of TAPESTRY FOLKDANCE CENTER?
The 990 for the year ended June 30, 2025 lists 12 people; 1 received compensation from the organization, the highest $59,546 (Sherisa Oie, Executive Director).
How much revenue does TAPESTRY FOLKDANCE CENTER have?
On its 990 for the year ended June 30, 2025 it reported revenue of $346,540, expenses of $381,322 and total assets of $561,099 at year end.

Other nonprofits in MINNEAPOLIS

All nonprofits in MINNEAPOLIS · Minnesota · Arts, culture and humanities