Ely Folk School

Arts & culture organization based in Ely, MN.0 Exempt under §501(c)(3).

MissionBuilding community by providing learning experiences that celebrate the wilderness heritage art history culture and craft of the people of northern Minnesota.

EIN
47-2706626
State
MN
Sector
Arts & culture
Budget band
$250K–$500K
Latest filing
TY 2024
Records
1 officers · 2 years

Financial snapshot · TY 2024

$266K
Total revenue
$234K
Total expenses
$189K
Net assets

Financial health · TY 2024

50
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
48
8.7 months of expenses
Program efficiency
37
64.7% spent on programs
Revenue diversity
80
Mix of program fees, grants & contributions

Leadership compensation

Lucy Soderstrom
Executive Director
$55,800
43th percentile vs. peers

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Ely Folk School Executive Compensation | 990 Data | DoubleNine