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Governance Register
US nonprofit · EIN 922518138 · Madison, MNiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 922518138) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe time served.Latest return IRS Form 990 series e-file data - 990 for the year to 31 December 2024: assets, liabilities, staff, website, telephone, pay.Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue. Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code PC), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

Madison Art and Innovation Center's network

10 people3 organisationsi10 people and 3 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (10). Violet dotted lines (3) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

10 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 10 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Doug Peterson ChairChairman2023
3 yrs
Anthony BormannMember2023
3 yrs
Bridget BLYVice Chair2023
3 yrs
Connor PeoplesCompany secretary2023
3 yrs
Cynthia HuseMember2023
3 yrs
Dale HandeenMember2023
3 yrs
David JerpsethMember2023
3 yrs
DEB MeyerMember2023
3 yrs
Karie SorknesTreasurer2023
3 yrs
Kristine ShelstadExecutive Di2023
3 yrs
Under 5 years5 to 6 years6 years or more

Pay and hours

year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Bridget BlyVice Chair2$0
Anthony BormannMember2$0
Dale HandeenMember2$0
Cynthia HuseMember2$0
David JerpsethMember2$0
Deb MeyerMember2$0
Connor PeoplesSecretary2$0
Doug PetersonChairman2$0
Kristine ShelstadExecutive Di2$0
Karie SorknesTreasurer2$0

No pay was reported for anyone in Part VII on this return.

About

Legal name
Madison Art and Innovation Center
EIN
922518138
Address
601 1st St W, Madison, MN, 56256-1319
State
Minnesota
Mission
The mission of the madison art and innovation center (the center) is to serve as an accessible, equitable and inclusive space for art, culture, innovation and community building. To achieve these ends, the center will engage in the following primary activities: (1) providing free meeting space and supportive resources for nonprofits and community organizations; (2) hosting community... (as filed on the Form 990)
Activity (NTEE)
P28 Human services
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Human Services
Size band
4 (IRS master file code)
Formed
2023
Principal officer
Kristine Shelstad (as named on the Form 990)
IRS ruling date
1 April 2023
Status
Code 01 (unconditional exemption)
Form 990 filings on record
2, latest 2024
IRS Publication 78
PC (contributions deductible)

Most connected

Longest observed on the filings

≥3years on the filingsDoug Peterson
≥3years on the filingsAnthony Bormann
≥3years on the filingsBridget BLY
≥3years on the filingsConnor Peoples

Latest return

year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.
Total assets
$164k
Total liabilities
$29k
Net assets or fund balances
$135k
Contributions and grants received
$216k
Program service revenue
$0
Employees
0
Volunteers
15

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2024$216k$0$216k

As filed on the IRS Form 990. US dollars.