FRIENDS OF LEVITT SHELL SIOUX FALLS

EIN: 611699910 501(c)(3) Education

SIOUX FALLS, SD

Total Revenue
$4,691,068
Total Expenses
$3,869,378
Total Assets
$2,767,690
Net Assets
$2,744,959
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
SD
Principal Officer
NANCY HALVERSON
Phone
6052711560
Tax Period
2025-01-01 to 2025-12-31

FRIENDS OF LEVITT SHELL SIOUX FALLS, founded in 2012, is a community nonprofit in the Education sector that reported $4.7M in total revenue in fiscal year 2025. Revenue surged 261% from the prior year, signaling strong growth momentum. The organization ran a surplus of $822K, a strong 18% operating margin.

Mission

OPERATE LEVITT SHELL FOR THE PERFORMING ARTS IN SIOUX FALLS, SD

Program Service Accomplishments

Program 1
Expenses: $3,527,120

OPERATE LEVITT SHELL FOR THE PERFORMING ARTS IN SIOUX FALLS, SD

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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 $4,520,387
Program Service Revenue $95,350
Investment Income $75,331
Other Revenue $0
TOTAL REVENUE $4,691,068

Expense Breakdown

Grants Paid $0
Salaries & Benefits $539,365
Fundraising Expenses $29,625
Program Expenses $3,527,120
Other Expenses $3,330,013
TOTAL EXPENSES $3,869,378

Year-over-Year Comparison

2025 2024 Change
Revenue $4,691,068 $1,299,682 +2.6%
Expenses $3,869,378 $1,276,123 +2.0%
Net Income $821,690 $23,559 +33.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
20
Employees
18
Volunteers
228

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
4
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHANIE GONGOPOULOS TREASURER 1.00
Director
$0 $0 $0
N/A BOARD MEMBER 1.00
Director
$0 $0 $0
PETER HOESING BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY HOHN BOARD MEMBER 1.00
Director
$0 $0 $0
MOSES IDRIS BOARD MEMBER 1.00
Director
$0 $0 $0
DAWN MARIE JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
TINA LEMIEUX SECRETARY 1.00
Director
$0 $0 $0
AMY MOORE BOARD MEMBER 1.00
Director
$0 $0 $0
MAUREEN OHM BOARD MEMBER 1.00
Director
$0 $0 $0
N/A BOARD MEMBER 1.00
Officer Director
$0 $0 $0
DIANE OLSON BOARD MEMBER 1.00
Director
$0 $0 $0
N/A BOARD MEMBER 1.00
Officer Director
$0 $0 $0
SCOTT RYSDON BOARD MEMBER 1.00
Director
$0 $0 $0
VICKI STEWART BOARD MEMBER 1.00
Director
$0 $0 $0
ROB THIMJON VICE CHAIR 1.00
Officer Director
$0 $0 $0
RICHARD THOMASON BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD VANDEMARK CHAIR 1.00
Officer Director
$0 $0 $0
N/A BOARD MEMBER 1.00
Director
$0 $0 $0
HARRIET YOCUM 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 $4,691,068 $3,869,378 $2,767,690 $821,690
2024 $1,299,682 $1,276,123 $2,722,460 $23,559
2023 $1,115,248 $1,171,687 $2,045,308 $-56,439
2022 $1,299,895 $1,185,164 $1,957,568 $114,731
2021 $621,838 $724,801 $1,835,404 $-102,963
2021 $768,838 $724,998 $1,982,406 $43,840
2020 $1,481,186 $378,182 $1,980,756 $1,103,004
2019 $1,027,693 $627,095 $839,088 $400,598
2018 $553,310 $313,264 $435,462 $240,046
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