EIN 41-1356072

The Depot Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
1979
Most recent tax filings
2024-06-01
NTEE code, primary
Description
The Depot Foundation is a private foundation located in Duluth, MN that makes grants to support the identity of the depot as a vital and thriving cultural, arts, and heritage center. Grantees include Lake Superior Railroad Museum. The foundation made 15 grants last year.
Total revenues
$718,790
2024
Total expenses
$1,357,933
2024
Total assets
$7,986,535
2024
Num. employees
0
2024

Program areas at The Depot Foundation

Grants to support The identity of The Depot as a vital and thriving cultural, arts, and heritage center grants awarded: 1,130,318 (net of grants returned) related expense 16,123
Annual circle of friends arts & culture awards. The awards recognize members of The community in The areas of arts, culture and historical preservation
Operate as a payment facilitator for The disbursement of duluth tourism tax funds from st. louis county, Minnesota to The st louis county heritage and arts center building for The purposes of marketing/advertising, grant services, management services, event & other staffing, exhibit expenses, telephone, it, security, copying, postage and printing.

Grants made by The Depot Foundation

GranteeGrant descriptionAmount
Duluth Art Institute AssociationOperating - Designated Funds$68,300
Duluth Art Institute AssociationArtist Exhibits$35,617
Minnesota BalletRemodel of Studio 4$33,703
...and 24 more grants made totalling $262,047

Who funds The Depot Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Muriel Whiteside Charitable TrustGeneral Operating$125,629
Dr and MRS Bernhard Boecker Foundation Charitable TrustCharity$79,163
Hearts and HorsesAssistance$15,000
...and 3 more grants received

Personnel at The Depot Foundation

NameTitleCompensation
Jason YoungDevelopment Director
Bill GravelleTreasurer$0

Financials for The Depot Foundation

RevenuesFYE 06/2024
Total grants, contributions, etc.$258,035
Investment income and dividends$199,826
Net rental income$0
Net gain from sale of non-inventory assets$249,203
Gross sales of inventory$0
Miscellaneous revenues$11,726
Total revenues$718,790

Form 990s for The Depot Foundation

Fiscal year endingDate received by IRSFormPDF link
2024-062024-11-18990PFView PDF
2023-062023-10-16990PFView PDF
2022-062022-11-09990PFView PDF
2021-062021-08-13990PFView PDF
2020-062021-06-10990PFView PDF
...and 10 more Form 990s
Data update history
December 24, 2024
Received grants
Identified 3 new grant, including a grant for $125,629 from Muriel Whiteside Charitable Trust
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $5,000 from Campbell Family Charitable Trust
March 21, 2024
Updated personnel
Identified 4 new personnel
December 30, 2023
Received grants
Identified 1 new grant, including a grant for $157,194 from Muriel Whiteside Charitable Trust
December 5, 2023
Posted financials
Added Form 990PF for fiscal year 2023
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
506 W Michigan St
Duluth, MN 55802
Metro area
Duluth, MN-WI
County
St. Louis County, MN
Website URL
depotfoundation.org/about/ 
Phone
(218) 279-9913
IRS details
EIN
41-1356072
Fiscal year end
June
Taxreturn type
Form 990-PF
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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