Ely Folk School

EIN: 472706626 501(c)(3) Arts, Culture & Humanities

Ely, MN

Total Revenue
$306,322
Total Expenses
$277,674
Total Assets
$232,486
Net Assets
$213,102
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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MN
Principal Officer
Chris Clemens
Phone
2182350138
Tax Period
2025-01-01 to 2025-12-31

Ely Folk School, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $306K in total revenue in fiscal year 2025. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $278K left a modest 9% surplus.

Mission

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

Program Service Accomplishments

Program 1
Expenses: $144,081 Revenue: $82,792

Ely Folk School classes offer intergenerational non-competitive learning for life opportunities to people of all backgrounds and abilities. Our organization holds firm to an early philosophical...

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Ely Folk School classes offer intergenerational non-competitive learning for life opportunities to people of all backgrounds and abilities. Our organization holds firm to an early philosophical premise that education embrace heart mind and body. Our mission is to build community by providing learning experiences that celebrate the wilderness heritage art history culture and craft of the people of northern Minnesota. The Folk School movement is growing as is EFS with a desire to increase mutually beneficial connection between people and their places for a sense of belonging. EFS focuses most on arts programming with opportunities in ceramics; fiber arts; folk arts; humanities; metalworking; Northwoods crafting; nourishment; and music and writing all designed around EFS values of freedom intergenerational stewardship joy resilience wellness and connection. EFS fosters a culture of inclusion to serve as a welcoming and safe space for folks of all opinions beliefs cultures races gender expressions sexual orientations ages and abilities. EFS serves a broad rural community with 400 programs annually serving 1,700 students from across the state learning from 75 individual instructors. 61% of students register with an address from the Ely area and 87% of students reside in Minnesota. Students rediscover a love of learning and art and build strong relationships with others. These results are reinforced by responses to our evaluation surveys as well as by students returning to take more classes. Across our class evaluation surveys in 2025 less than 5% of students reported feeling somewhat satisfied or unsatisfied with the experience and outcomes of their class. One reported The instructor had the gift to instill confidence in our abilities during the making of the basket. She was very encouraging and she happily took as much time as we needed to demonstrate all the particular parts during the basket making process. It was a satisfying joyful feeling to make a basket. I found basket making to be a bit challenging but with the instructors encouragement she provided the resilience needed to persevere through the process. The Ely Folk School hosts classes across nine different program areas - Fiber Arts; Folk Arts; Humanities; Metalworking; Music Voice & Page; Northwoods Skills & Crafting; Nourishment; and Youth & Family. Nourishment Folk Arts and Northwoods Skills & Crafting are our biggest program areas offering classes such as Slovenian Walnut Potica Norwegian Rosemaling and Craft Your Own Wooden Paddle.

Program 2
Expenses: $16,714 Revenue: $16,029

The Ely Folk School Mercantile promotes area artists by offering a downtown store front with consignment and wholesale options. The Ely Folk School Mercantile celebrates the rich history and...

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The Ely Folk School Mercantile promotes area artists by offering a downtown store front with consignment and wholesale options. The Ely Folk School Mercantile celebrates the rich history and inspiration found in the Northwoods by uplifting local teaching artists. Artwork is displayed attractively with information about how visitors can learn to make something similar themselves through classes with the Ely Folk School. Also found in the Mercantile are tools and resources for beginning or continuing a craft journey and education. The Mercantile seeks to promote and preserve exploration of craft as an essential and accessible piece of life.

Program 3
Expenses: $5,714 Revenue: $4,483

Ely Folk School Community Events bring people together. Community Events often occur in conjunction with holidays as the culmination of a class series or in partnership with other active Ely area...

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Ely Folk School Community Events bring people together. Community Events often occur in conjunction with holidays as the culmination of a class series or in partnership with other active Ely area organizations. Our annual Thanksgiving Potluck seats over 100 people annually emphasizing the importance of sharing recognition and food in a healthy community. Our weekly Makers Morning offers coffee company and cookies as area artists bring their project to life at the Ely Folk School while receiving feedback and critique and developing new class ideas for the Ely Folk School. These events encourage well-being and connection while furthering the EFS mission of building community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $183,643
Program Service Revenue $104,803
Investment Income $0
Other Revenue $17,876
TOTAL REVENUE $306,322

Expense Breakdown

Grants Paid $0
Salaries & Benefits $149,393
Fundraising Expenses $16,682
Program Expenses $180,224
Other Expenses $128,281
TOTAL EXPENSES $277,674

Year-over-Year Comparison

2025 2024 Change
Revenue $306,322 $266,346 +0.2%
Expenses $277,674 $233,671 +0.2%
Net Income $28,648 $32,675 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
65

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
10
$0
Key Employees
1
$44,706
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Clemens Board Treasurer 5.00
Officer Director
$0 $0 $0
Sue Remes Board Member 1.00
Director
$0 $0 $0
Ozzie Reif Board Member 1.00
Director
$0 $0 $0
Rick Anderson Board Member 1.00
Director
$0 $0 $0
Sarah Paro Board Member 1.00
Director
$0 $0 $0
Lacey Squier Board Chair 5.00
Officer Director
$0 $0 $0
Jason Rabuck Board Member 1.00
Director
$0 $0 $0
Rosa Oesterreich Board Member 1.00
Director
$0 $0 $0
Steve Klar Board Member 1.00
Director
$0 $0 $0
Lucy Soderstrom Executive Director 40.00
Key Emp
$44,706 $0 $44,706
Kelly Cramer Board Member 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $306,322 $277,674 $232,486 $28,648
2024 $266,346 $233,671 $189,167 $32,675
2023 $267,705 $219,052 $158,087 $48,653
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