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← THREADS DANCE PROJECT

Form 990 for tax year 2024

Filed by THREADS DANCE PROJECT.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2024 , filed 3 February 2026. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Program service revenue
$26,347 changed to $33,036
Other revenue
$9,607 changed to $2,918

Totals

Total revenue
$328,049
Total expenses
$350,499
Contributions and grants received
$289,471
Grants paid
$0
Program service revenue
$26,347
Investment income
$2,624
Other revenue
$9,607
Total assets, end of year
$416,800
Total liabilities, end of year
$302,720
Net assets or fund balances, end of year
$114,080
Program services expenses (Part IX)
$271,028
Management and general expenses
$43,306
Fundraising expenses
$36,165
Program service expenses (Part III)
$271,028

Program services were 77.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $46,600

  • 1f · All other contributions, gifts and grants

    $242,871

  • 2a · Program service revenue: PROGRAM SERVICE REVENU

    total $26,347 · related or exempt $26,347

  • 3 · Investment income

    total $2,624 · excluded $2,624

  • 6a · Gross rents

    real property $7,539

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $7,539

  • 6d · Net rental income or loss

    total $7,539 · related or exempt $7,539

  • 11a · Other revenue: MISCELLANEOUS

    total $2,068 · related or exempt $2,068

  • 11e · Other revenue, total

    $2,068

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $46,325 · program services $37,059 · management and general $4,633 · fundraising $4,633

  • 7 · Other salaries and wages

    total $134,196 · program services $107,356 · management and general $13,420 · fundraising $13,420

  • 10 · Payroll taxes

    total $14,209 · program services $11,367 · management and general $1,421 · fundraising $1,421

  • 11c · Fees: accounting

    total $14,746 · management and general $14,746

  • 11e · Fees: professional fundraising services

    total $7,605 · fundraising $7,605

  • 11g · Fees: other

    total $10,544 · program services $8,436 · management and general $1,054 · fundraising $1,054

  • 12 · Advertising and promotion

    total $4,296 · program services $3,438 · management and general $429 · fundraising $429

  • 13 · Office expenses

    total $6,561 · program services $5,249 · management and general $656 · fundraising $656

  • 14 · Information technology

    total $1,957 · program services $1,565 · management and general $196 · fundraising $196

  • 16 · Occupancy

    total $46,755 · program services $37,403 · management and general $4,676 · fundraising $4,676

  • 17 · Travel

    total $1,496 · program services $1,196 · management and general $150 · fundraising $150

  • 22 · Depreciation, depletion and amortization

    total $90 · program services $72 · management and general $9 · fundraising $9

  • 23 · Insurance

    total $2,658 · program services $2,126 · management and general $266 · fundraising $266

  • 24a · Other expenses: PRODUCTION COSTS

    total $40,383 · program services $40,383

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $6,064 · program services $4,850 · management and general $607 · fundraising $607

  • 24c · Other expenses: FACILITIES AND EQUIPMEN

    total $4,695 · program services $3,757 · management and general $469 · fundraising $469

  • 24d · Other expenses: SUPPLIES

    total $2,176 · program services $2,176

  • 24e · All other expenses

    total $5,743 · program services $4,595 · management and general $574 · fundraising $574

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $188,088 · end of year $394,811

  • 4 · Accounts receivable

    beginning of year $3,796 · end of year $1,000

  • 8 · Inventories for sale or use

    beginning of year $412 · end of year $412

  • 9 · Prepaid expenses and deferred charges

    beginning of year $392 · end of year $14,077

  • 15 · Other assets

    beginning of year $6,500 · end of year $6,500

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,150 · end of year $11,848

  • 19 · Deferred revenue

    beginning of year $61,136 · end of year $290,872

  • 27 · Net assets without donor restrictions

    beginning of year $136,902 · end of year $114,080

Mission and programs · 2024

Mission

TO EXAMINE, EXPOSE AND CELEBRATE THE THREADS THAT CONNECT US.

  • PERFORMANCE- THREADS PRESENTED 2 SEASON PERFORMANCES TAPESTRIES (SPRING), IMPRESSIONS(FALL) THESE PROGRAMS SERVED APPROXIMATELY 300 AUDIENCE MEMBERS, THREADS ALSO HAD SPECIAL FREE PERFORMANCES IN A MPLS CITY PARK AND NORTHROP AUDITORIUM TO COMMEMORATE MARTIN LUTHER KING; PROGRAMS - CONTINUED YOUTH PROGRAMMING BUT STILL NOT SELF-SUSTAINING PROGRAM; CONTINUED SUMMERIN DANCE INTENSIVE PROGRAM; OHTREACH - PARTICIPATED IN DISCOVER DANCE FESTIVAL TAUGH 100+YOUTH & PERFORMED,; ORG EFFECTIVENESS - FILLED FT MANAGING DIRECTOR POSITION THAT HAD BEEN OPEN FOR 18MOS.; PROVIDED HEALT BENEFIT STIPEND TO FT EMPLOYEES; INCREASED # OF PROFESSIONAL ARTISTS ON THE COMPANY BY 3; TRIED TO INCREASE FUNDRAISING EFFORTS BY ADDING LIVE EVENT ( THIS WAS NOT AS SUCCESSFULE AS WEH HAD HOPED)

    Expenses $271,028 · Revenue $35,954

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Omarra Alexander

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Kenneth Charles

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Alicia Phillips

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Amanda Thor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ella McGrady-Wiley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Traci Shannon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Angela Ericson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    20

  • Margaret Ogas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    20

  • Karen Aalgaard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • Lucia Nascimento

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Karen Charles

    EXECUTIVE DIRECTOR

    Total calculated
    $46,325
    From this org
    $46,325
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
12 February 2025
IRS schema version
2024v5.0
Source object
202500489349301915

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