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Nonprofit · EIN 41-1972424

LUNDSTRUM CENTER FOR THE PERFORMING ARTS

Tax-exempt · MINNEAPOLIS, MN 55411

Financials

$6M$1.5M2022$3.4M$1.9M2023$2M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of LUNDSTRUM CENTER FOR THE PERFORMING ARTS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,023,430$2,181,240-$157,810$10,275,994$601,950$9,674,044
June 30, 2024990$3,353,193$1,890,493$1,462,700$10,476,078$644,224$9,831,854
June 30, 2023990$5,954,059$1,537,899$4,416,160$9,017,327$648,173$8,369,154
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,544,184
of which government grants
$288,408
Program service revenue
$280,968
Investment income
$220,581
Net rental income
$9,159
Net income from fundraising events
-$43,795
Other revenue
-$22,303

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$325,669
Other salaries and wages
$539,086
Salaries, compensation and benefits (total)
$1,030,697
Professional fundraising fees
$0
Accounting fees
$43,789
Depreciation
$146,068
Program services (functional)
$1,264,270
Management and general (functional)
$339,621
Fundraising (functional)
$577,349

Balance sheet and other

Total assets, start of year
$10,476,078
Total assets, end of year
$10,275,994
Total liabilities, end of year
$601,950
Net assets, end of year
$9,674,044
Land, buildings and equipment
$3,074,307
Net assets without donor restrictions
$3,116,578
Net assets with donor restrictions
$6,557,466
Gross receipts
$2,755,263
Employees
14
Volunteers
14
Year formed
2000
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 / weekCompensationOther / benefits
JOAN OLSONMANAGING DIRECTOR
Trustee or director
40$135,358$4,290
AMY ELLISEXECUTIVE DIRECTOR
Trustee or director, Officer
40$115,235$5,762
SUSAN CASSERLY-KOSELVICE CHAIR
Trustee or director, Officer
40$65,311$3,265
TERRI ASHMOREBOARD CHAIR
Trustee or director, Officer
0.23$0$0
SARAH STROEBELSECRETARY
Trustee or director, Officer
0.23$0$0
JONATHAN CHAMBERSTREASURER
Trustee or director, Officer
0.23$0$0
JACKIE BROWN-BAYLORDIRECTOR
Trustee or director
0.23$0$0
CHARLOTTE FRANKDIRECTOR
Trustee or director
0.23$0$0
ANDREA HJELMDIRECTOR
Trustee or director
0.23$0$0
ADRIENNE JORDANDIRECTOR
Trustee or director
0.23$0$0
CINDY LEJEUNEDIRECTOR
Trustee or director
0.23$0$0
MIKISHA NATIONDIRECTOR
Trustee or director
0.23$0$0
MICHAEL O'CONNELLDIRECTOR
Trustee or director
0.23$0$0
MONISHA DUNNDIRECTOR
Trustee or director
0.23$0$0
ASHLEY BROWNDIRECTOR
Trustee or director
0.23$0$0
2 more people on this return
NameTitleHours / weekCompensation
CRAIG DAHLDIRECTOR
Trustee or director
0.23$0
MONICA MURPHYDIRECTOR
Trustee or director
0.23$0
990 for the year ended June 30, 2024: 19 people
NameTitleHours / weekCompensationOther / benefits
JOAN OLSONMANAGING DIRECTOR
Trustee or director
0.23$130,378$11,054
AMY ELLISEXECUTIVE DIRECTOR
Trustee or director, Officer
0.23$102,529$8,826
SUSAN CASSERLY-KOSELVICE CHAIR
Trustee or director, Officer
0.23$56,973$5,182
TERRI ASHMOREBOARD CHAIR
Trustee or director, Officer
0.23$0$0
SARAH STROEBELSECRETARY
Trustee or director, Officer
0.23$0$0
JONATHAN CHAMBERSTREASURER
Trustee or director, Officer
0.23$0$0
JACKIE BROWN-BAYLORDIRECTOR
Trustee or director
0.23$0$0
CHARLOTTE FRANKDIRECTOR
Trustee or director
0.23$0$0
JEANNE RAVICHDIRECTOR
Trustee or director
0.23$0$0
ANDREA HJELMDIRECTOR
Trustee or director
0.23$0$0
ADRIENNE JORDANDIRECTOR
Trustee or director
0.23$0$0
CINDY LEJEUNEDIRECTOR
Trustee or director
0.23$0$0
MONICA MURPHYDIRECTOR
Trustee or director
0.23$0$0
MIKISHA NATIONDIRECTOR
Trustee or director
0.23$0$0
MICHAEL O'CONNELLDIRECTOR
Trustee or director
0.23$0$0
TRINKA SHARPEDIRECTOR
Trustee or director
0.23$0$0
MONISHA DUNNDIRECTOR
Trustee or director
0.23$0$0
KENDALL GRIFFITHDIRECTOR
Trustee or director
0.23$0$0
CHARLES CALDWELLDIRECTOR
Trustee or director
0.23$0$0
990 for the year ended June 30, 2023: 19 people
NameTitleHours / weekCompensationOther / benefits
JOAN OLSONMANAGING DIRECTOR
Trustee or director
45$135,864$7,214
AMY ELLISEXECUTIVE DIRECTOR
Trustee or director, Officer
45$104,016$4,475
SUSAN CASSERLY-KOSELVICE CHAIR
Trustee or director, Officer
45$56,178$2,580
TERRI ASHMOREBOARD CHAIR
Trustee or director, Officer
0.23$0$0
JACKIE BROWN-BAYLORDIRECTOR
Trustee or director
0.23$0$0
CHARLOTTE FRANKDIRECTOR
Trustee or director
0.23$0$0
JEANNE RAVICHDIRECTOR
Trustee or director
0.23$0$0
ANDREA HJELMDIRECTOR
Trustee or director
0.23$0$0
ADRIENNE JORDANDIRECTOR
Trustee or director
0.23$0$0
CINDY LEJEUNEDIRECTOR
Trustee or director
0.23$0$0
MONICA MURPHYDIRECTOR
Trustee or director
0.23$0$0
MIKISHA NATIONDIRECTOR
Trustee or director
0.23$0$0
MICHAEL O'CONNELL RETIREDDIRECTOR
Trustee or director
0.23$0$0
TRINKA SHARPEDIRECTOR
Trustee or director
0.23$0$0
SARAH STROEBELSECRETARY
Trustee or director, Officer
0.23$0$0
JONATHAN CHAMBERSTREASURER
Trustee or director
0.23$0$0
MONISHA DUNNDIRECTOR
Trustee or director
0.23$0$0
KENDALL GRIFFITHDIRECTOR
Trustee or director
0.23$0$0
CHARLES CALDWELLDIRECTOR
Trustee or director
0.23$0$0

Address and contacts

Address (IRS master file)
1617 N 2ND ST, MINNEAPOLIS, MN 55411-3406
In care of
% AMY CASSERLY-ELLIS
Principal officer (990 for 2024)
AMY ELLIS, 1617 NO SECOND STREET, MINNEAPOLIS, MN 55411
Signed the 990
JOAN OLSON, MANAGING DIRECTOR
Phone
(612) 521-2600
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

LUNDSTRUM'S MISSION IS TO CULTIVATE A LOVE AND KNOWLEDGE OF THE PERFORMING ARTS SO THAT YOUNG PEOPLE WILL DISCOVER THEIR UNIQUE GIFTS, DEVELOP THEIR DEPTH OF CHARACTER AND IMAGINE NEW POSSIBILITIES FOR THEIR LIVES, ENSURING ACCESS TO ALL THROUGH SCHOLARSHIP SUPPORT.

990 for the year ended June 30, 2025

Program accomplishments

  • LUNDSTRUM PERFORMING ARTS HAS DEEP ROOTS IN SERVICE TO THE CHILDREN OF NORTH MINNEAPOLIS AND BEYOND WITH A PROGRAM THAT IS BUILT ON TWO PILLARS: ARTISTIC EXCELLENCE AND ECONOMIC ACCESS. THE ORGANIZATION IS COMMITTED TO THE HIGHEST LEVEL OF EXCELLENCE IN CONSERVATORY-STRUCTURED PERFORMING ARTS TRAINING (DANCE, VOICE AND DRAMA) FOR STUDENTS AGES 3-18. THIS HIGH-QUALITY PROGRAM IS AVAILABLE TO ALL STUDENTS THROUGH THE LUNDSTRUM SCHOLARSHIP PROGRAM. LUNDSTRUM'S UNIQUE PROGRAM BUILDS TECHNICAL SKILLS AND ALSO DEVELOPS CRITICAL SOCIO-EMOTIONAL SKILLS SUCH AS CONFIDENCE, DISCIPLINE, TEAMWORK, ABILITY TO ADAPT/IMPROVISE AND CULTURAL LITERACY.
    Expenses $1,264,270 · revenue $293,301

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
41-1972424
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
2000
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,275,994
Income (IRS master file)
$2,755,263

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,023,430$2,181,240$10,275,994IRS
990June 2024$3,353,193$1,890,493$10,476,078IRS
990June 2023$5,954,059$1,537,899$9,017,327XML
990June 2022$3,242,300$1,368,913$4,589,030IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 41-1972424).

Questions about LUNDSTRUM CENTER FOR THE PERFORMING ARTS

What is the EIN of LUNDSTRUM CENTER FOR THE PERFORMING ARTS?
The employer identification number (EIN) of LUNDSTRUM CENTER FOR THE PERFORMING ARTS is 41-1972424.
Is LUNDSTRUM CENTER FOR THE PERFORMING ARTS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to LUNDSTRUM CENTER FOR THE PERFORMING ARTS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LUNDSTRUM CENTER FOR THE PERFORMING ARTS 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 LUNDSTRUM CENTER FOR THE PERFORMING ARTS 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 LUNDSTRUM CENTER FOR THE PERFORMING ARTS 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 LUNDSTRUM CENTER FOR THE PERFORMING ARTS?
The 990 for the year ended June 30, 2025 names AMY ELLIS.
Who are the officers and directors of LUNDSTRUM CENTER FOR THE PERFORMING ARTS?
The 990 for the year ended June 30, 2025 lists 17 people; 3 received compensation from the organization, the highest $135,358 (JOAN OLSON, MANAGING DIRECTOR).
How much revenue does LUNDSTRUM CENTER FOR THE PERFORMING ARTS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,023,430, expenses of $2,181,240 and total assets of $10,275,994 at year end.

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