Public Charity

TOFTE LAKE CENTER INC

Based in ELY, MN, TOFTE LAKE CENTER INC operates as a Public Charity. The organization reported $323K in revenue, $324K in expenses, $343K in total assets for fiscal year 2024. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $430K.

EIN: 134359561 ELY, MN Arts & Culture NTEE: A20 Latest filing: 2024
Total Revenue$323K
Total Expenses$324K
Total Assets$343K
Grant Records10
Funding Total$430K
Filing Years2020–2024

Mission

TOFTE LAKE CENTER IS COMMITTED TO SUPPORTING ARTISTS BY PROVIDING A NURTURING EXPERIENCE ROOTED IN NATURE WHERE ARTISTS OF ALL DISCIPLINES AND BACKGROUNDS FEEL SAFE TO TAKE A BREAK FROM THE "WORK" OF ART TO PLAY, FEEL INSPIRED, AND BE REJUVENATED. VISION: TLC ENVISIONS AN INTERCONNECTED WORLD IN HARMONY WITH NATURE, WHERE ARTISTS ARE SUPPORTED AND CELEBRATED AND WHERE TAKING A BREAK IS RECOGNIZED AS INTEGRAL TO THE CREATIVE PROCESS.

Where $100 goes at Tofte Lake Center Inc

How Tofte Lake Center Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$63 Programs the work itself
$26 Management running the organization
$11 Fundraising raising the next dollar

Inside the $63 for programs

$63
The organization hosted artists from minnesota and across the country total artists served: 91, 66 from mn tlc's season consisted of 12 programmed residencies: tlc hosted three weeks…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Daniel Lemm
EXECUTIVE DI Elizabeth Engelman
VICE CHAIR Faye Price
TRUSTEE Kevin Bitterman
TRUSTEE Kit Briem
TRUSTEE Michael Kleber -Diggs

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$419,984 9 grants
Arts & Culture
$10,400 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $323K $324K $343K
2023 $270K $355K $345K
2022 $316K $244K $429K
2021 $205K $199K $354K
2020 $170K $141K $348K

Between 2020 and 2024, reported annual revenue grew from $170K to $323K (+90%), with total assets most recently reported at $343K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for TOFTE LAKE CENTER INC

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