Civic Intelligence

The Soap Factory

990 • Fiscal year 2017 • EIN 41-1658987

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

514 - 2nd Street SEMinneapolis, MN 55414

(612) 623-9176

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.25x

Higher debt load relative to assets than 84% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

95th percentile

0.92x

Higher debt load relative to revenue than 95% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

2nd percentile

-368%

Higher net margin than 2% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

97th percentile

$75,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 64.8% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

10th percentile

-45%

Faster asset growth than 10% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

4th percentile

-76%

Faster revenue growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$429,367

Down $352,645 (-45%) from 2016

Net Assets

Up

$322,313

Up $194,427 (+152%) from 2016

Liabilities

Down

$107,054

Down $547,072 (-84%) from 2016

Revenue

Down

$115,828

Down $372,692 (-76%) from 2016

Expenses

Up

$542,142

Up $50,373 (+10%) from 2016

Net Income

Down

-$426,314

Down $423,065 (-13021%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500KAssets 2011: $505,129Liabilities 2011: $42,025Net Assets 2011: $463,1042011Assets 2012: $617,704Liabilities 2012: $21,782Net Assets 2012: $595,9222012Assets 2013: $598,367Liabilities 2013: $104,275Net Assets 2013: $494,0922013Assets 2014: $803,578Liabilities 2014: $460,485Net Assets 2014: $343,0932014Assets 2015: $716,315Liabilities 2015: $585,180Net Assets 2015: $131,1352015Assets 2016: $782,012Liabilities 2016: $654,126Net Assets 2016: $127,8862016Assets 2017: $429,367Liabilities 2017: $107,054Net Assets 2017: $322,3132017Assets 2018: $309,594Liabilities 2018: $224,163Net Assets 2018: $85,4312018Assets 2019: $14,716Liabilities 2019: $57,560Net Assets 2019: -$42,8442019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2017

Assets$429,367
Liabilities$107,054
Net Assets$322,313

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $541,524Expenses 2011: $428,104Net Income 2011: $113,4202011Expenses 2012: $479,1212012Revenue 2013: $556,287Expenses 2013: $597,217Net Income 2013: -$40,9302013Revenue 2014: $724,811Expenses 2014: $875,810Net Income 2014: -$150,9992014Revenue 2015: $683,818Expenses 2015: $895,951Net Income 2015: -$212,1332015Revenue 2016: $488,520Expenses 2016: $491,769Net Income 2016: -$3,2492016Revenue 2017: $115,828Expenses 2017: $542,142Net Income 2017: -$426,3142017Revenue 2018: $68,891Expenses 2018: $290,236Net Income 2018: -$221,3452018Revenue 2019: $110,060Expenses 2019: $50,934Net Income 2019: $59,1262019Revenue 2020: $43,864Expenses 2020: $1,020Net Income 2020: $42,8442020

Highlighted filing

2017

Revenue$115,828
Expenses$542,142
Net Income-$426,314
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$115,828
Mission and Program Overview

Mission

The Soap Factory is a laboratory for artistic experimentation and innovation, dedicated to supporting artists and engaging audiences through the production and presentation of contemporary art in a unique and historic environment.

The soap factyory is a laboratory for artisitic experimentation and innovation, dediciated to supporting artists and engaging audiences through the production and presentation of contemporary art in a unique and historic environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$634,452--
Accounts Receivable-$221,245-
Cash and Non-Interest-Bearing Accounts$132,778$193,340▲ $60,562
Prepaid Expenses and Deferred Charges$10,781$10,781→ $0
Pledges and Grants Receivable$4,001$4,001→ $0
Total Assets$782,012$429,367▼ $352,645
Liabilities
Mortgage Notes Payable Secured by Investment Property$612,465--
Accounts Payable and Accrued Expenses$41,661$107,054▲ $65,393
Total Liabilities$654,126$107,054▼ $547,072
Net Assets / Fund Balance
Unrestricted Net Assets$17,586$212,013▲ $194,427
Temporarily Rstr Net Assets$110,300$110,300→ $0
Total Net Assets Fund Balance$127,886$322,313▲ $194,427
Total Liabilities and Net Assets / Fund Balance$782,012$429,367▼ $352,645
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bill MagueExecutive DirectorFT$75,000$75,000

Board Members and Trustees

NameTitle
Roy M CloseBoard Chair
Alexa HorochowskiDirector
Colin RuschDirector
Joseph ButlerDirector
Liz SummersDirector
Rosemary WilliamsDirector
Steve OzoneDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$109,642
Program Service Revenue
$6,186
Investment Income
$0
Other Revenue
$0
All Other Contributions
$83,081
Change in Net Assets
$-426,314
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$333,629
Salaries, Compensation, and Employee Benefits$208,513
Total Fundraising Expense$10,716
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$115,805$8,822$2,391$127,018
Depreciation Depletion$57,568$17,394$898$75,860
Current Officers, Directors, Trustees, and Key Employees$37,500$37,500-$75,000
Interest$35,199$10,636$549$46,384
Occupancy$22,622$7,336$353$30,311
Insurance$17,465$8,532$272$26,269
Office Expenses$2,031$15,466$2,090$19,587
Advertising$4,912-$4,025$8,937
Fees for Services Accounting-$8,023-$8,023
Fees for Services Legal-$7,337-$7,337
Other Employee Benefits$4,929$1,489$77$6,495
Travel$6,325--$6,325
Other Expenses$3,886$1,174$61$5,121
All Other Expenses$2,521$2,521-$5,042
Information Technology$1,772$1,773-$3,545
Total Functional Expenses$399,165$132,261$10,716$542,142
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The completed form 990 is presented to the board of directors prior to filing. The review and approval process take place through email.

Form 990, Part VI, Section B, Line 12C

Annually, conflict of interest forms are reviewed and signed.

Form 990, Part VI, Section B, Line 15

Use of comparable data for similarly qualified individuals by the board of directors.

Form 990, Part VI, Section C, Line 19

The documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Soap Factory
EIN
41-1658987
Phone
6126239176
Address
514 - 2ND STREET SE, MINNEAPOLIS, MN 55414

Signing Officer

Name
Bill Mague
Title
Executive Director
Phone
6126239176
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Mague
Formed
1988
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
3
Volunteers
50

Preparer

Firm
Mahoneyulbrichchristiansen & Russ Pa
Address
10 RIVER PARK PLAZA SUITE 800, SAINT PAUL, MN 55107
Preparer
Thomas Johnson
Phone
6512276695
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

In december 2017, the soap factory contributed its property to tsf 2.0 llc (a related entity) to facilitate the financing required for the necessary renovations to the building. In 2018/2019, the building will undergo significant renovations. The soap factory will exercise daily control over tsf 2.0 llc as the managing member. The soap factory will lease space from tsf 2.0 llc for its operations and programs when the renovations are complete.

FORM 990, PART XI, LINE 9:

Transfer/contribution of property to tsf 2.0 llc 620,741.

Raw XML AppendixShowing 400 of 475 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt041661
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0107054
IRS990/AccountsReceivableGrp/EOYAmt0221245
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE SOAP FACTYORY IS A LABORATORY FOR ARTISITIC EXPERIMENTATION AND INNOVATION, DEDICIATED TO SUPPORTING ARTISTS AND ENGAGING AUDIENCES THROUGH THE PRODUCTION AND PRESENTATION OF CONTEMPORARY ART IN A UNIQUE AND HISTORIC ENVIRONMENT.
IRS990/AdvertisingGrp/FundraisingAmt04025
IRS990/AdvertisingGrp/ProgramServicesAmt04912
IRS990/AdvertisingGrp/TotalAmt08937
IRS990/AllOtherContributionsAmt083081
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02521
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02521
IRS990/AllOtherExpensesGrp/TotalAmt05042
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BILL MAGUE
IRS990/BooksInCareOfDetail/PhoneNum06126239176
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0514 - 2ND STREET SE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055414
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0132778
IRS990/CashNonInterestBearingGrp/EOYAmt0193340
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt037500
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt037500
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt075000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0109642
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0333629
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt06186
IRS990/CYRevenuesLessExpensesAmt0-426314
IRS990/CYSalariesCompEmpBnftPaidAmt0208513
IRS990/CYTotalExpensesAmt0542142
IRS990/CYTotalFundraisingExpenseAmt010716
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0115828
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt0898
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt017394
IRS990/DepreciationDepletionGrp/ProgramServicesAmt057568
IRS990/DepreciationDepletionGrp/TotalAmt075860
IRS990/Desc0THE SOAP FACTORY IS A UNIQUE SPACE FOR EMERGING AND EXPERIMENTAL ARTS IN THE TWIN CITIES. WITH A NATIONAL REPUTATION, WE SHOW, SUPPORT, CURATE AND NETWORK ON BEHALF OF ARTISTS USING A COMBINATION OF EXHIBITION CALLS INCLUDING LOCAL, NATIONAL AND INTERNATIONAL ARTISTS, AS WELL AS AN ARTIST IN RESIDENCE PROGRAM SERVING OVER 70 ARTISTS IN 2017.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0399165
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08023
IRS990/FeesForServicesAccountingGrp/TotalAmt08023
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt07337
IRS990/FeesForServicesLegalGrp/TotalAmt07337
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0ROY M CLOSE
IRS990/Form990PartVIISectionAGrp/PersonNm1COLIN RUSCH
IRS990/Form990PartVIISectionAGrp/PersonNm2JOSEPH BUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm3ROSEMARY WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm4LIZ SUMMERS
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVE OZONE
IRS990/Form990PartVIISectionAGrp/PersonNm6ALEXA HOROCHOWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm7BILL MAGUE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt775000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt026561
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0115828
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01773
IRS990/InformationTechnologyGrp/ProgramServicesAmt01772
IRS990/InformationTechnologyGrp/TotalAmt03545
IRS990/InsuranceGrp/FundraisingAmt0272
IRS990/InsuranceGrp/ManagementAndGeneralAmt08532
IRS990/InsuranceGrp/ProgramServicesAmt017465
IRS990/InsuranceGrp/TotalAmt026269
IRS990/InterestGrp/FundraisingAmt0549
IRS990/InterestGrp/ManagementAndGeneralAmt010636
IRS990/InterestGrp/ProgramServicesAmt035199
IRS990/InterestGrp/TotalAmt046384
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0634452
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE SOAP FACTYORY IS A LABORATORY FOR ARTISITIC EXPERIMENTATION AND INNOVATION, DEDICIATED TO SUPPORTING ARTISTS AND ENGAGING AUDIENCES THROUGH THE PRODUCTION AND PRESENTATION OF CONTEMPORARY ART IN A UNIQUE AND HISTORIC ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0612465
IRS990/NetAssetsOrFundBalancesBOYAmt0127886
IRS990/NetAssetsOrFundBalancesEOYAmt0322313
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0353
IRS990/OccupancyGrp/ManagementAndGeneralAmt07336
IRS990/OccupancyGrp/ProgramServicesAmt022622
IRS990/OccupancyGrp/TotalAmt030311
IRS990/OfficeExpensesGrp/FundraisingAmt02090
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015466
IRS990/OfficeExpensesGrp/ProgramServicesAmt02031
IRS990/OfficeExpensesGrp/TotalAmt019587
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0620741
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt077
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01489
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04929
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06495
IRS990/OtherExpensesGrp/Desc0ARTIST, CURATOR, PERFOR
IRS990/OtherExpensesGrp/Desc1OTHER EQUIPMENT AND SUP
IRS990/OtherExpensesGrp/Desc2OTHER PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc3REAL ESTATE TAXES
IRS990/OtherExpensesGrp/FundraisingAmt061
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04258
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11174
IRS990/OtherExpensesGrp/ProgramServicesAmt067270
IRS990/OtherExpensesGrp/ProgramServicesAmt18203
IRS990/OtherExpensesGrp/ProgramServicesAmt211157
IRS990/OtherExpensesGrp/ProgramServicesAmt33886
IRS990/OtherExpensesGrp/TotalAmt067270
IRS990/OtherExpensesGrp/TotalAmt112461
IRS990/OtherExpensesGrp/TotalAmt211157
IRS990/OtherExpensesGrp/TotalAmt35121
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02391
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08822
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0115805
IRS990/OtherSalariesAndWagesGrp/TotalAmt0127018
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd01
IRS990/PayPremiumsPrsnlBnftCntrctInd01
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt04001
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04001
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010781
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010781
IRS990/PrincipalOfficerNm0BILL MAGUE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0ARTIST SPACE RENTAL
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05150
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11036
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05150
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11036
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0193555
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0403506
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0294965
IRS990/PYRevenuesLessExpensesAmt0-3249
IRS990/PYSalariesCompEmpBnftPaidAmt088263
IRS990/PYTotalExpensesAmt0491769
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0488520
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd01
IRS990/ReconcilationRevenueExpnssAmt0-426314
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06186
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0109642
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0193555
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0217847
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0175482
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0159669
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0856195
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt06186
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0294965
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0463120
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0550279
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0372147
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01686697
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.99750
IRS990ScheduleA/PublicSupportTotal509Amt02542892
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0115828
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0488520
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0680967
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0725761
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0531816
IRS990ScheduleA/Total509Grp/TotalAmt02542892
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0115828
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0488520
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0680967
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0725761
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0531816
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02542892
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/DirectorOfSuccessor2Ind00
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0THE SOAP FACTORY NONRESIDENTIAL BUILDING LOCATED AT 514 - 2ND STREET SE, MINNEAPOLIS, MN 55414
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0TSF 20 LLC
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02017-12-28
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt01860000
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0LIMITED LIABILITY CORPORATION
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0APPRAISED VALUE
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0514 - 2ND STREET SE
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0MINNEAPOLIS
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0MN
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd055414
IRS990ScheduleN/EmployeeOfSuccessor2Ind00
IRS990ScheduleN/OwnerOfSuccessor2Ind00
IRS990ScheduleN/ReceiveCompensation2Ind00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN DECEMBER 2017, THE SOAP FACTORY CONTRIBUTED ITS PROPERTY TO TSF 2.0 LLC (A RELATED ENTITY) TO FACILITATE THE FINANCING REQUIRED FOR THE NECESSARY RENOVATIONS TO THE BUILDING. IN 2018/2019, THE BUILDING WILL UNDERGO SIGNIFICANT RENOVATIONS. THE SOAP FACTORY WILL EXERCISE DAILY CONTROL OVER TSF 2.0 LLC AS THE MANAGING MEMBER. THE SOAP FACTORY WILL LEASE SPACE FROM TSF 2.0 LLC FOR ITS OPERATIONS AND PROGRAMS WHEN THE RENOVATIONS ARE COMPLETE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMPLETED FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO FILING. THE REVIEW AND APPROVAL PROCESS TAKE PLACE THROUGH EMAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY, CONFLICT OF INTEREST FORMS ARE REVIEWED AND SIGNED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3USE OF COMPARABLE DATA FOR SIMILARLY QUALIFIED INDIVIDUALS BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRANSFER/CONTRIBUTION OF PROPERTY TO TSF 2.0 LLC 620,741.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0THE SOAP FACTORY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0824716533
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0NONRESIDENTIAL RENTAL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0SOAP ACQUISITIONS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0514 - 2ND STREET SE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0MINNEAPOLIS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd055414
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt0THE SOAP FACTORY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0824785250
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd01
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0RELATED
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0NONRESIDENTIAL RENTAL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0TSF 20 LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt01737923
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0514 - 2ND STREET SE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0MINNEAPOLIS
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd055414
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0620741
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CARRYING VALUE NET OF DEBT TRSFD
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0TSF 20 LLC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0R
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0110300
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0110300
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0782012
IRS990/TotalAssetsEOYAmt0429367
IRS990/TotalAssetsGrp/BOYAmt0782012
IRS990/TotalAssetsGrp/EOYAmt0429367
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0109642

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings