Threads Dance Project
Only null% goes to programs Growing revenue
Threads Dance Project is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 2011, with $328,049 in FY2024 revenue. CharityIndex grades it B.
2213 Snelling Ave, Minneapolis, MN, 55404 EIN 27-3479875 Since 2011
Revenue (FY2024)
$328K
▼ 23.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$350K
Net assets
$114K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Threads Dance Project— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating4 mo reserves · -7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Threads Dance Project: 4 mo reserves · -7% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Threads Dance Project— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Threads Dance Project: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2213 Snelling Ave, Minneapolis, MN, 55404
- City
- Minneapolis
- State
- Minnesota
- Category
- Arts, Culture & Humanities
- Subcategory
- Performing Arts
- Website
- …
Financial trends
Revenue grew from $80K (FY2013) to $328K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $303KNet assets $114K
Operating margin
-6.8%
Spent more than it raised in the latest fiscal year.
Total assets
$417K
Total liabilities
$303K
Net assets
$114K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $328,049▼23.9% | $350,499▲11.9% | $114,080▼16.7% | $416,800▲109% | 990 |
| 2023 | $430,988▲69.6% | $313,198▲18.1% | $136,902▲621% | $199,188▲95.3% | 990 |
| 2022 | $254,160▼0.1% | $265,291▲3.4% | $18,978▼37.0% | $101,978▲10.3% | 990 |
| 2021 | $254,504▲0.3% | $256,588▼11.6% | $30,109▼6.5% | $92,495▼2.8% | 990 |
| 2020 | $253,868▲58.2% | $290,107▲91.2% | $32,193▼53.0% | $95,182▼14.1% | 990 |
| 2019 | $160,424▼1.7% | $151,694▲13.6% | $68,425▲14.6% | $110,844▲83.0% | 990EZ |
| 2018 | $163,163▲10.2% | $133,542▼10.2% | $59,695▲98.5% | $60,574▲101% | 990EZ |
| 2017 | $148,011▲18.6% | $148,762▲8.5% | $30,074▼2.4% | $30,074▼2.6% | 990EZ |
| 2016 | $124,754▼17.3% | $137,050▲13.3% | $30,825▼28.5% | $30,869▼28.4% | 990EZ |
| 2015 | $150,767▲20.9% | $120,910▼8.9% | $43,121▲225% | $43,121▲211% | 990EZ |
| 2014 | $124,720▲55.1% | $132,760▲83.3% | $13,264▼37.7% | $13,887▼70.1% | 990EZ |
| 2013 | $80,400 | $72,435 | $21,304 | $46,496 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $437K total
16 grants to Threads Dance Project totaling $437K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Thrivent Financial For Lutherans | General support | 2024 | $50,050 |
| American Endowment Foundation | Arts, culture | 2024 | $25,600 |
| The New York Community Trust | For general support. | 2024 | $20,000 |
| Thrivent Financial For Lutherans | General support | 2023 | $90,000 |
| American Endowment Foundation | Arts, culture | 2023 | $25,600 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $10,900 |
| American Endowment Foundation | Arts, culture | 2022 | $33,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2022 | $5,150 |
| American Endowment Foundation | Arts, culture | 2021 | $32,250 |
| Mightycause Charitable Foundation | Unrestricted | 2021 | $7,901 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2021 | $5,250 |
| American Endowment Foundation | Programs | 2020 | $60,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $5,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $5,000 |
| American Endowment Foundation | Programs | 2019 | $31,250 |
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Frequently asked questions
- Is Threads Dance Project a legitimate nonprofit?
- Yes. Threads Dance Project is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-3479875, based in Minneapolis, Minnesota. Donations are tax-deductible.
- What is Threads Dance Project's EIN?
- Threads Dance Project's Employer Identification Number (EIN) is 27-3479875.
- How much revenue does Threads Dance Project report?
- Threads Dance Project reported $328,049 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Threads Dance Project have?
- CharityIndex grades Threads Dance Project B, based on financial health (reserves and operating margin).
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Data for Threads Dance Project (EIN 27-3479875) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.