Tapestry Folkdance Center

Tapestry Folkdance Center is a registered arts & culture nonprofit based in Minneapolis, MN, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 1983 and has been operating for 43 years. Its EIN is 411459618. According to GiveRadar's records, it holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. GiveRadar's Integrity Assessment for the organization is 84/100, which reflects how much public information is available, not whether the charity is legitimate. The organization reports $347K in annual revenue. 58 officers and directors are publicly disclosed. GiveRadar has identified 1 potential concern.

Tapestry Folkdance Center's EIN (Employer Identification Number) is 411459618. This is the organization's IRS tax identification number; you can use it to verify tax-exempt status and to look up its Form 990 filings with the IRS.

Tapestry Folkdance Center has a GiveRadar Integrity Assessment of 84/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 84 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. For comparison, the average integrity assessment for arts & culture charities in United States is 90/100.

Tapestry Folkdance Center is located in Minneapolis, MN, United States. The organization was established in 1983 and has been active for 43 years.

Based on official tax filings, Tapestry Folkdance Center has $347K in annual revenue. It allocates 70% of expenses to programs and services. This is below the average of 76% for arts & culture charities in United States. Its revenue is below the peer average of $1M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

Tapestry Folkdance Center is classified as an Arts & Culture organization, registered in United States. It operates as a Supporting organization (509(a)(3)). By size, it is categorized as a small organization. It has $347K in annual revenue. The organization has 58 disclosed officers and directors.

GiveRadar has identified 1 potential concern for Tapestry Folkdance Center. Red flags are automatically detected from official data and may include high executive compensation relative to budget, low program spending, or missing financial filings. Red flags do not necessarily mean wrongdoing but indicate areas that may warrant further review before donating.

According to GiveRadar's records, Tapestry Folkdance Center holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. It is registered with the Internal Revenue Service (IRS). It reports that 70% of expenses go to programs (the peer average is 76%). You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research and does not endorse any organization. A GiveRadar Integrity Assessment reflects how much public data is available, not whether an organization is safe to donate to, so it is always smart to do your own research before giving.

In this fiscal year, Tapestry's doors were closed after suspending 8 weekly dances March 2020 due to the pandemic. Tapestry began limited onsite programming in March 2021. Due to the on-going Pandemic, the organization was also able to host some online events, these included 3 online concerts. 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. Tapestry Folkdance Center is classified as an arts & culture organization registered in United States. The organization was founded in 1983.

Among arts & culture charities registered in United States: It allocates 70% of expenses to programs, below the peer average of 76%. Its annual revenue of $347K is below the peer average of $1M.

Yes, donations to Tapestry Folkdance Center are generally tax-deductible in the United States. Tapestry Folkdance Center is a 501(c)(3) tax-exempt organization. Its EIN is 411459618, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.