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Nonprofit · EIN 81-4132613

FOUNDATION FOR FERGUS FALLS CENTER FOR THE ARTS INC

Tax-exempt · FERGUS FALLS, MN 56537

Financials

$32K$25K2023$49K$28K2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR FERGUS FALLS CENTER FOR THE ARTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$49,308$28,191$21,117$610,475$0$610,475
December 31, 2023990$32,427$24,937$7,490$549,332$0$549,332
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$6,000
Program service revenue
$0
Investment income
$43,308
Net gain from sales of assets
$27,020
Other revenue
$0

Expenses

Grants and similar amounts paid
$27,466
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$700
Program services (functional)
$27,466
Management and general (functional)
$725

Balance sheet and other

Total assets, start of year
$549,332
Total assets, end of year
$610,475
Total liabilities, end of year
$0
Net assets, end of year
$610,475
Net assets without donor restrictions
$610,475
Gross receipts
$81,793
Employees
0
Year formed
2014
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SCOTT WAGNILDPresident
Trustee or director, Officer
0.5$0
DEBORAH FERGUSONVice President
Trustee or director, Officer
0.5$0
BRETT DELAGEDirector
Trustee or director
0.5$0
STEPHEN F RUFERSecretary
Trustee or director, Officer
0.5$0
WALLY WARHOLTreasurer
Trustee or director, Officer
0.5$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
SCOTT WAGNILDPresident
Trustee or director, Officer
0.5$0
DEBORAH FERGUSONVice President
Trustee or director, Officer
0.5$0
KURT NYGAARDVice President
Trustee or director
0.5$0
STEPHEN F RUFERSecretary
Trustee or director, Officer
0.5$0
WALLY WARHOLTreasurer
Trustee or director, Officer
0.5$0

Address and contacts

Address (IRS master file)
3110 PEBBLE SHORES DR, FERGUS FALLS, MN 56537-4214
In care of
% SCOTT WANGNILD
Signed the 990
STEPHEN F RUFER, Secretary
Phone
(218) 205-1920
Return prepared by
Swenson Saurer Gerber Anderson & Co

Mission

THE PURPOSE OF A CENTER FOR THE ARTS FOUNDATION IS TO MAINTAIN AN ENDOWMENT AND UTILIZE INCOME FROM THE ENDOWMENT TO SUPPORT THE WORK AND MISSION OF FERGUS FALLS CENTER FOR THE ARTS.

990 for the year ended December 31, 2024

Program accomplishments

  • A CENTER FOR THE ARTS FOUNDATION HAS AGREED TO GRANT FERGUS FALLS CENTER FOR THE ARTS, IF REQUESTED BY THE CENTER FOR THE ARTS, 5% OF THE PREVIOUS DECEMBER 31ST ASSETS OF THE FOUNDATION. THE FOUNDATION WOULD ALSO CONSIDER GRANT REQUESTS FROM THE CENTER FOR UNEXPECTED CAPITAL OR REPAIR PROJECTS IN THE FUTURE.
    Expenses $27,466 · grants $27,466

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-4132613
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$689,125
Income (IRS master file)
$57,133

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$49,308$28,191$610,475IRS
990December 2023$32,427$24,937$549,332XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 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 81-4132613).

Questions about FOUNDATION FOR FERGUS FALLS CENTER FOR THE ARTS INC

What is the EIN of FOUNDATION FOR FERGUS FALLS CENTER FOR THE ARTS INC?
The employer identification number (EIN) of FOUNDATION FOR FERGUS FALLS CENTER FOR THE ARTS INC is 81-4132613.
Is FOUNDATION FOR FERGUS FALLS CENTER FOR THE ARTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to FOUNDATION FOR FERGUS FALLS CENTER FOR THE ARTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION FOR FERGUS FALLS CENTER FOR THE ARTS INC 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 FOUNDATION FOR FERGUS FALLS CENTER FOR THE ARTS INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION FOR FERGUS FALLS CENTER FOR THE ARTS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of FOUNDATION FOR FERGUS FALLS CENTER FOR THE ARTS INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does FOUNDATION FOR FERGUS FALLS CENTER FOR THE ARTS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $49,308, expenses of $28,191 and total assets of $610,475 at year end.

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