2026-02-26T10:37:47-06:00 2024-12-31 411534805 CARPENTER EVERT & ASSOCIATES LTD 7760 FRANCE AVE S SUITE 940 BLOOMINGTON MN 55435 990 2024-01-01 273479875 THREADS DANCE PROJECT THRE 9522505965 2213 SNELLING AVE 100 MINNEAPOLIS MN 55404 KAREN L CHARLES EXECUTIVE DIRECTOR 9522505965 2026-02-03 1 0 NEAL EVERT P00046853 9528310085 2026-02-03 2024 2025-03-06 01:10:19Z X KAREN L CHARLES 2213 SNELLING AVE 100 MINNEAPOLIS MN 55404 328049 0 X HTTP://THREADSDANCE.ORG/ X 2011 MN TO EXAMINE, EXPOSE AND CELEBRATE THE THREADS THAT CONNECT US. 8 8 25 20 0 0 378648 289471 47048 33036 28 2624 5264 2918 430988 328049 0 0 0 0 150141 194730 4967 7605 36165 158090 148164 313198 350499 117790 -22450 199188 416800 62286 302720 136902 114080 X TO EXAMINE, EXPOSE AND CELEBRATE THE THREADS THAT CONNECT US. 0 0 271028 35954 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) 271028 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 25 1 0 0 0 0 1 1 0 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 MN X THE ORGANIZATION 9522505965 2213 SNELLING AVE 100 MINNEAPOLIS MN 55404 OMARRA ALEXANDER SECRETARY 1.00 X X 0 0 0 KENNETH CHARLES VICE PRESIDENT 1.00 X X 0 0 0 ALICIA PHILLIPS PRESIDENT 2.00 X X 0 0 0 AMANDA THOR DIRECTOR 1.00 X 0 0 0 ELLA MCGRADY-WILEY DIRECTOR 1.00 X 0 0 0 TRACI SHANNON DIRECTOR 1.00 X 0 0 0 ANGELA ERICSON DIRECTOR 20.00 X 0 0 0 MARGARET OGAS DIRECTOR 20.00 X 0 0 0 KAREN AALGAARD DIRECTOR 10.00 X 0 0 0 LUCIA NASCIMENTO TREASURER 1.00 X X 0 0 0 KAREN CHARLES EXECUTIVE DIRECTOR 40.00 X 46325 0 0 46325 0 0 0 0 0 0 0 X 46600 242871 289471 PROGRAM SERVICE REVENU 711120 33036 33036 33036 2624 2624 MISCELLANEOUS 2918 2918 2918 328049 35954 0 2624 46325 37059 4633 4633 134196 107356 13420 13420 14209 11367 1421 1421 14746 14746 7605 7605 10544 8436 1054 1054 4296 3438 429 429 6561 5249 656 656 1957 1565 196 196 46755 37403 4676 4676 1496 1196 150 150 90 72 9 9 2658 2126 266 266 PRODUCTION COSTS 40383 40383 DUES AND SUBSCRIPTIONS 6064 4850 607 607 FACILITIES AND EQUIPMEN 4695 3757 469 469 SUPPLIES 2176 2176 5743 4595 574 574 350499 271028 43306 36165 188088 394811 3796 1000 412 412 392 14077 6500 6500 199188 416800 1150 11848 61136 290872 62286 302720 X 136902 114080 136902 114080 199188 416800 -22450 -372 0 X 0 0 0 X 245118 239758 182535 378648 289471 1335530 7595 10138 19983 5 33036 70757 252713 249896 202518 378653 322507 1406287 10750 40000 50750 0 10750 40000 50750 1355537 5 1 2 28 2624 2660 5 1 2 28 2624 2660 1150 4606 5202 5264 2918 19140 253868 254503 207722 383945 328049 1428087 0.94920 0.89960 0.00190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990, PART VI, SECTION A, LINE 2 KAREN L. CHARLES - ARTISTIC DIRECTOR, AND KENNETH A. CHARLES - BOARD MEMBER, ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD TREASURER AS REPRESENTATIVE OF THE BOARD WILL REVIEW AND APPROVE 990. FORM 990, PART VI, SECTION B, LINE 12C BOARD - AT EVERY MEETING VOTE THEY ARE REQUIRED TO DECLARE POTENTIAL CONFLICT OF INTEREST & RECUSE THEMSELVES FROM ANY VOTES REGARDING THE ENTITY DISCUSSED FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS RESEARCHERS COMPARABLE POSITIONS AT SIMILARALY SIZED NON-PROFITS VIA GUIDESTAR. THEY COLLABORATE WITH THE FINANCE COMMITTEE TO DETERMINE FEASIBILITY OF PROPOSED COMPENSATION PLAN. THESE FINDINGS ARE USED TO DETERMINE SALARY RECOMMENDTIONS THAT ARE THEN PROPOSED TO THE FULL BOARD FOR VOTE OF APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 UPON WRITTEN REQUEST PART VIII, LINES 2 AND 11 THE ORGANIZATION AMENDED THE RETURN TO RECLASSIFY CERTAIN INCOME ORIGINALLY REPORTED AS RENTAL INCOME. THE INCOME RELATES TO PROVIDING STUDIO SPACE TO COMMUNITY DANCE ARTISTS, DANCE COMPANIES, AND TEACHERS AS PART OF THE ORGANIZATION'S CHARITABLE PROGRAMMING, INCLUDING SPECIAL PROGRAMS SUPPORTING BIPOC ARTISTS AND LONG-TERM PARTNER RENTERS. BECAUSE THESE ACTIVITIES FURTHER THE ORGANIZATION'S EXEMPT PURPOSE, THE INCOME WAS RECLASSIFIED AS PROGRAM SERVICE REVENUE ON FORM 990, PART VIII.