Public Charity

Enterprise Institute

Enterprise Institute is a Public Charity headquartered in Brookings, SD. Financial data from the 2025 filing: $376K revenue, $267K expenses, $948K total assets. 4 publicly reported grants to this organization, totaling roughly $113K, appear in IRS filings.

EIN: 710879071 Brookings, SD Support N.E.C. NTEE: B19 Latest filing: 2025
Total Revenue$376K
Total Expenses$267K
Total Assets$948K
Grant Records4
Funding Total$113K
Filing Years2021–2025

Mission

To support and enhance educational, commercialization, research and business development opportunities for faculty and students at educational institutions within the state of South Dakota in partnership with industry by facilitating outreach, educational events, and technical assistance; to assist the economic development of South Dakota through encouragement of and assistance to the entrepreneurial enterprises.

Where $100 goes at Enterprise Institute

How Enterprise Institute divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$88 Programs the work itself
$12 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $88 for programs

$80
Business Resource Center
91% of program spending
$8
The Innovation Expo is an entrepreneurship conference where we celebrate the inventors, entrepreneurs, and investors who grow new technologies and businesses in our region
9% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Vice Chair Al Kurtenbach
Director Brad Wheeler
Director Darren Haar
Sec and Treas Duane Sander
Director Ed Cannon
Director Errol Eernisse

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$108,000 3 grants
General Support
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $376K $267K $948K
2024 $311K $253K $842K
2023 $231K $228K $789K
2022 $298K $371K $796K
2021 $381K $339K $834K

Between 2021 and 2025, reported annual revenue held roughly steady at around $376K, with total assets most recently reported at $948K.

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

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