Skip to main content

Nonprofit · EIN 41-1696668

MINNESOTA DANCE THEATRE & THE DANCE INSTITUTE

Tax-exempt · MINNEAPOLIS, MN 55403

Financials

$1.1M$1.1M2022$918K$1.1M2023$557K$479K2024
Revenue Expenses · by fiscal year end
Financials of MINNESOTA DANCE THEATRE & THE DANCE INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990 (amended)$556,840$479,004$77,836$204,957$23,623$181,334
June 30, 2024990$918,336$1,077,945-$159,609$101,956$17,862$84,094
June 30, 2023990$1,108,418$1,061,839$46,579$324,679$80,976$243,703
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$234,219
of which government grants
$29,315
Program service revenue
$318,003
Investment income
$0
Net rental income
$495
Net income from sales of inventory
$4,123
Other revenue
$4,618

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$74,851
Other salaries and wages
$181,853
Salaries, compensation and benefits (total)
$283,719
Professional fundraising fees
$1,530
Accounting fees
$28,062
Occupancy
$61,593
Travel
$4,789
Program services (functional)
$327,047
Management and general (functional)
$124,497
Fundraising (functional)
$27,460

Balance sheet and other

Total assets, start of year
$101,956
Total assets, end of year
$204,957
Total liabilities, end of year
$23,623
Net assets, end of year
$181,334
Net assets without donor restrictions
$158,834
Net assets with donor restrictions
$22,500
Gross receipts
$558,728
Employees
56
Volunteers
40
Year formed
1962
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
Elayna WaxseInterim Artisitc Director
Officer
40$42,116$1,769
Lauren PostArtistic Director
Officer
40$26,769$4,197
Isabella BoylstonBoard Member
Trustee or director
1$0$0
David PerlmanBoard Member
Trustee or director
1$0$0
Mike SevillaBoard Member
Trustee or director
1$0$0
Georgia Finnegan-SaulitisBoard Member
Trustee or director
1$0$0
Tom TinkhamBoard Member
Trustee or director
1$0$0
Josef HofmeisterBoard Member
Trustee or director
1$0$0
Sonja KostichBoard Member
Trustee or director
1$0$0
Maggie MauryBoard Member
Trustee or director
1$0$0
Patrick MosherBoard Member
Trustee or director
1$0$0
Martin SchneiderBoard Member
Trustee or director
1$0$0
Lisa SmithBoard Member
Trustee or director
1$0$0
Dana WilliamsBoard Member
Trustee or director
1$0$0
Suzi Kim ScottBoard Chair
Trustee or director, Officer
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
Rod BraymanTreasurer
Trustee or director, Officer
1$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensation
Kaitlyn GillilandInterim Artistic Director
Officer
40$50,626
Lisa HoultonExecutive Director (left Summer 2024)
Officer
40$47,859
Elayna WaxseInterim Artistic Director
Officer
40$3,483
Walter TamborDirector
Trustee or director
1$0
Dana WilliamsDirector
Trustee or director
1$0
Brian Thomas MayDirector
Trustee or director
1$0
Siri KommedahlCo-Chair
Trustee or director, Officer
1$0
Suzi ScottCo-Chair
Trustee or director, Officer
1$0
Elizabeth A SimonsonSecretary
Trustee or director, Officer
1$0
Erin GerritsTreasurer
Trustee or director, Officer
1$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensation
Lise HoultonExecutive Director
Officer
40$56,336
Andrew HoultonDirector
Trustee or director
1$0
Jeffrey HankinsonDirector
Trustee or director
1$0
Walter TamborDirector
Trustee or director
1$0
Brian Thomas MayDirector
Trustee or director
1$0
Siri KommedahlChair
Trustee or director, Officer
5$0
Elizabeth A SimonsonSecretary
Trustee or director, Officer
1$0
Erin GerritsTreasurer
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
528 HENNEPIN AVE - 6TH FLOOR, MINNEAPOLIS, MN 55403-1810
Principal officer (990 for 2024)
Lauren Post, 730 SE 9th Street, Minneapolis, MN 55414
Signed the 990
Lauren Post, Artistic Director
Phone
(612) 338-0627
Return prepared by
BWK Rogers PC

Mission

As the cornerstone of classical ballet training in Minnesota, MDT creates and inspires the next generation of classical and contemporary dancers and their enthusiasts through superior and inclusive dance education, performance, and academics.

990 for the year ended June 30, 2025

Program accomplishments

  • Since MDT was founded in 1962 by dance pioneer Loyce Houlton, the organization has been the focal point of dance education and performance in the Twin Cities. MDT's mission states, "As the cornerstone of classical ballet training in Minnesota, Minnesota Dance Theatre (MDT) creates and inspires the next generation of classical and contemporary dancers and their enthusiasts through superior and inclusive dance education, performance, and academics." An MDT donor recently referred to the organization's impact by stating, "All local dance leads back to MDT."Since its founding, MDT has offered classical ballet and contemporary training, as well as performance opportunities to thousands of Twin Cities Metro youth and adults, ages four and up. The organization serves approximately 300 students in its adult and year-round programs and has reached thousands of youth through their outreach programs.Since MDT's programming is varied, it reaches a diverse audience. In this way, the organization has maintained a reputation for artistic excellence while fostering a welcoming environment for dancers of all backgrounds. For example, the 2025 Winter Showcase displayed 106 students to 491 performance attendees, and in 2023, MDT reached over 1,700 underprivileged students through the CAN Dance outreach program.Under the leadership of Director Lauren Post, who has 16 years of experience dancing for American Ballet Theatre (ABT) as well as an extensive background in arts administration, MDT has grown in remarkable ways. For example, for the 2025-2026 school year, Post ensured that all ballet classes had live piano accompaniment, hired six new teachers, implemented a new curriculum, enrolled dancers in the Youth America Grand Prix competition, and invited guest artists from ABT to perform with and choreograph on MDT students for the 2025 Winter Showcase.Post's main objective is to honor MDT's educational legacy by providing exceptional opportunities and creating dedicated artists. As a way to gauge success, Post circulates regular surveys to parents as well as meets with each family at the end of the school year to discuss students' strengths, goals, and areas for improvement. Additionally, student retention and alumni success is used to quantify engagement. For instance, at the end of the 2025 school year, 83% of graduates committed to either a dance major or minor at a collegiate program, and MDT had a net gain of three students.Outside of race demographics, MDT also prioritizes accommodating all ages, abilities, genders, and socioeconomic backgrounds. For instance, MDT offers work study programs to families or dancers in need; they assist MDT staff with administrative tasks in exchange for discounted tuition. And for the 2025 Winter Showcase, MDT offered families in need a 44% off discount code, so that families could purchase tickets with less financial stress.Additionally, MDT strives to increase the male-identifying demographic in its student enrollment as there are only a handful of male students enrolled. As a solution, MDT offers male scholarship classes, where male-identifying dancers are invited to take classes at MDT for 76% less than the regularly stated tuition. In terms of age demographics, MDT's programs accommodate ages four and up, with some adult dancers dancing into their 70s and 80s.As MDT shifted classes to the new facility in Marcy-Holmes in March of 2026 at 730 9th Street SE, MDT reduced a significant barrier to participation by offering services in a more accessible location that offers free parking and an ADA-compliant building. MDT's downtown location did not offer free parking, and traffic congestion as well as safety concerns made it a difficult location for families to access. Lastly, MDT staff ensures that all performances take place in ADA-compliant theaters, MDT social media is created with closed-captioning, and color-contrasting best practices can be found on MDT's emails, social media posts, and website as a way to ensure that communications can be interpreted by all.As of May 2026, MDT employs two full-time employees, and approximately twenty part-time employees, ranging from accompanists, teachers, and administrative contractors. The Board of Trustees gained five new members in 2026, which showcases a total number of 15 members.
    Expenses $327,047 · revenue $322,621

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
41-1696668
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
1991
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$204,957
Income (IRS master file)
$558,728

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$556,840$479,004$204,957XML
990June 2024$918,336$1,077,945$101,956IRS
990June 2023$1,108,418$1,061,839$324,679XML
990June 2022$1,308,541$1,074,753$289,243IRS
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 41-1696668).

Questions about MINNESOTA DANCE THEATRE & THE DANCE INSTITUTE

What is the EIN of MINNESOTA DANCE THEATRE & THE DANCE INSTITUTE?
The employer identification number (EIN) of MINNESOTA DANCE THEATRE & THE DANCE INSTITUTE is 41-1696668.
Is MINNESOTA DANCE THEATRE & THE DANCE INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to MINNESOTA DANCE THEATRE & THE DANCE INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MINNESOTA DANCE THEATRE & THE DANCE INSTITUTE 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 MINNESOTA DANCE THEATRE & THE DANCE INSTITUTE 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 MINNESOTA DANCE THEATRE & THE DANCE INSTITUTE 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 MINNESOTA DANCE THEATRE & THE DANCE INSTITUTE?
The 990 for the year ended June 30, 2025 names Lauren Post.
Who are the officers and directors of MINNESOTA DANCE THEATRE & THE DANCE INSTITUTE?
The 990 for the year ended June 30, 2025 lists 16 people; 2 received compensation from the organization, the highest $42,116 (Elayna Waxse, Interim Artisitc Director).
How much revenue does MINNESOTA DANCE THEATRE & THE DANCE INSTITUTE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $556,840, expenses of $479,004 and total assets of $204,957 at year end.

Other nonprofits in MINNEAPOLIS

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