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Ely Folk School
Arts & Culture · Ely, Minnesota
209 E Sheridan St, Ely, MN 55731-1451
EIN: 472706626· Founded: Oct 2015· 11 years active· Filing Year: 2023
Annual Revenue
$268K
Total Expenses
$219K
Total Assets
$158K
Program Spending
28%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$56K
25.7% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
Not reported
Total Payroll
$56K
26% of total expenses
Where the Money Goes
28%
Programs: 28%
Payroll: 26%
Other overhead: 72%
Program Revenue$62K (23%)
Total Expenses$219K (82%)
Payroll$56K (26%)
Overhead (non-program)72%
Trust Score Breakdown
Program Spending Ratio
28% of expenses go to programs
Revenue & Stability
$268K annual revenue
Executive Compensation
$56K total officer comp (25.7% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$158K in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.