Larson Foundation

C-o Dale Larson Trustee

Sioux Falls, SD
Tax exemption issued: May 1991
EIN: 46-0412311

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending April
2025

Revenue

$2,051,830

Expenses

$1,665,785

Net Income

$386,045

Net Assets

$23,075,315

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$395,208	19.3%
Sales of Assets	$2,271,569	> 100%
Other Income	-$614,947

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,487,576	89.3%
Compensation of Officers*	$60,000	3.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$23,075,315
Total Liabilities	$0
Net Assets	$23,075,315

Compensation

Key Employees and Officers	Compensation	Other
Maree Larson (Vice President)	$60,000	$0
O Dale Larson (President)	$0	$0
Carmelle Jackson (Secretary)	$0	$0

990-PF

Filed on March 13, 2026

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending April
2024

Revenue

$3,538,485

Expenses

$2,522,545

Net Income

$1,015,940

Net Assets

$22,689,270

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$371,299	10.5%
Sales of Assets	$2,180,785	61.6%
Other Income	$986,401	27.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,388,053	94.7%
Compensation of Officers*	$60,000	2.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$22,689,270
Total Liabilities	$0
Net Assets	$22,689,270

Compensation

Key Employees and Officers	Compensation	Other
Maree Larson (Vice President)	$60,000	$0
O Dale Larson (President)	$0	$0
Carmelle Jackson (Secretary)	$0	$0

990-PF

Filed on Nov. 11, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending April
2023

Revenue

$744,562

Expenses

$2,330,444

Net Income

-$1,585,882

Net Assets

$21,673,330

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$8,681	1.2%
Interest Revenue	$0
Dividends	$390,064	52.4%
Sales of Assets	$1,514,599	> 100%
Other Income	-$1,168,782

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,158,628	92.6%
Compensation of Officers*	$80,000	3.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$21,673,330
Total Liabilities	$0
Net Assets	$21,673,330

Compensation

Key Employees and Officers	Compensation	Other
Maree Larson (Vice President)	$80,000	$0
O Dale Larson (President)	$0	$0
Carmelle Jackson (Secretary)	$0	$0

990-PF

Filed on Feb. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending April
2022

Revenue

-$633,184

Expenses

$14,281,757

Net Income

-$14,914,941

Net Assets

$23,259,212

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$371,297
Sales of Assets	$2,474,928
Other Income	-$3,479,409

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$14,154,698	99.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$23,259,212
Total Liabilities	$0
Net Assets	$23,259,212

Compensation

Key Employees and Officers	Compensation	Other
Maree Larson (Vice President)	$0	$0
O Dale Larson (President)	$0	$0
Carmelle Jackson (Secretary)	$0	$0

990-PF

Filed on Feb. 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending April
2021

Revenue

$14,542,713

Expenses

$2,021,805

Net Income

$12,520,908

Net Assets

$38,174,153

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,271,700	8.7%
Interest Revenue	$0
Dividends	$390,409	2.7%
Sales of Assets	$1,239,360	8.5%
Other Income	$11,641,244	80.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,899,254	93.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$38,174,153
Total Liabilities	$0
Net Assets	$38,174,153

Compensation

Key Employees and Officers	Compensation	Other
Maree Larson (Vice President)	$0	$0
O Dale Larson (President)	$0	$0
Carmelle Jackson (Secretary)	$0	$0

990-PF

Filed on March 11, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending April
2020

Revenue

$424,271

Expenses

$1,817,550

Net Income

-$1,393,279

Net Assets

$25,653,244

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,500,000	> 100%
Interest Revenue	$792	0.2%
Dividends	$892,832	> 100%
Sales of Assets	$504,927	> 100%
Other Income	-$2,474,280

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,712,114	94.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$25,653,245
Total Liabilities	$1
Net Assets	$25,653,244

Compensation

Key Employees and Officers	Compensation	Other
Maree Larson (Vice President)	$0	$0
O Dale Larson (President)	$0	$0
Carmelle Jackson (Secretary)	$0	$0

990-PF

Filed on July 15, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending April
2019

Revenue

$3,642,312

Expenses

$1,685,571

Net Income

$1,956,741

Net Assets

$27,046,524

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,802,000	49.5%
Interest Revenue	$389	0.0%
Dividends	$390,802	10.7%
Sales of Assets	$624,799	17.2%
Other Income	$824,322	22.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,563,280	92.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$27,046,524
Total Liabilities	$0
Net Assets	$27,046,524

Compensation

Key Employees and Officers	Compensation	Other
Maree Larson (President)	$0	$0
O Dale Larson (Vice President)	$0	$0
Carmelle Jackson (Secretary)	$0	$0

990-PF

Filed on Sept. 12, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending April
2018

Revenue

$4,075,218

Expenses

$1,889,674

Net Income

$2,185,544

Net Assets

$25,089,783

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,150,000	28.2%
Interest Revenue	$27	0.0%
Dividends	$231,635	5.7%
Sales of Assets	$3,406,050	83.6%
Other Income	-$712,494

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,791,091	94.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$25,089,783
Total Liabilities	$0
Net Assets	$25,089,783

Compensation

Key Employees and Officers	Compensation	Other
Maree Larson (Vice President)	$0	$0
O Dale Larson (President)	$0	$0
Carmelle Jackson (Secretary)	$0	$0

990-PF

Filed on June 13, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending April
2017

Revenue

$6,057,573

Expenses

$1,664,670

Net Income

$4,392,903

Net Assets

$22,904,239

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,285,000	37.7%
Interest Revenue	$97	0.0%
Dividends	$268,821	4.4%
Sales of Assets	$1,008,730	16.7%
Other Income	$2,494,925	41.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,584,004	95.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$22,904,239
Total Liabilities	$0
Net Assets	$22,904,239

Compensation

Key Employees and Officers	Compensation	Other
Maree Larson (Vice President)	$0	$0
O Dale Larson (President)	$0	$0
Carmelle Jackson (Secretary)	$0	$0

990-PF

Filed on Aug. 17, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending April
2016

Revenue

$1,777,589

Expenses

$1,723,238

Net Income

$54,351

Net Assets

$18,411,336

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,598,463	89.9%
Interest Revenue	$23	0.0%
Dividends	$508,914	28.6%
Sales of Assets	$647,313	36.4%
Other Income	-$977,124

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,630,278	94.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$18,411,336
Total Liabilities	$0
Net Assets	$18,411,336

Compensation

Key Employees and Officers	Compensation	Other
Maree Larson (Vice President)	$0	$0
O Dale Larson (President)	$0	$0
Carmelle Jackson (Secretary)	$0	$0

990-PF

Filed on Sept. 15, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending April
2015

Revenue

$3,566,887

Expenses

$1,351,373

Net Income

$2,215,514

Net Assets

$18,456,985

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,375,000	38.5%
Interest Revenue	$72	0.0%
Dividends	$608,227	17.1%
Sales of Assets	$444,012	12.4%
Other Income	$1,139,576	31.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,273,651	94.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$18,456,985
Total Liabilities	$0
Net Assets	$18,456,985

Compensation

Key Employees and Officers	Compensation	Other
Maree Larson (Vice President)	$0	$0
O Dale Larson (President)	$0	$0
Carmelle Jackson (Secretary)	$0	$0

990-PF

Filed on Sept. 14, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending April
2014

Revenue

$4,128,653

Expenses

$1,347,259

Net Income

$2,781,394

Net Assets

$15,922,840

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,350,000	32.7%
Interest Revenue	$40	0.0%
Dividends	$471,237	11.4%
Sales of Assets	$870,867	21.1%
Other Income	$1,436,509	34.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,291,782	95.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$15,922,840
Total Liabilities	$0
Net Assets	$15,922,840

Compensation

Key Employees and Officers	Compensation	Other
Maree Larson (Vice President)	$0	$0
O Dale Larson (President)	$0	$0
Carmelle Jackson (Secretary)	$0	$0

990-PF

Filed on Sept. 12, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending April
2013

Revenue

$2,986,894

Expenses

$1,204,123

Net Income

$1,782,771

Net Assets

$13,460,076

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$960,000	32.1%
Interest Revenue	$0
Dividends	$260,121	8.7%
Sales of Assets	$141,371	4.7%
Other Income	$1,625,402	54.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,156,631	96.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,460,077
Total Liabilities	$1
Net Assets	$13,460,076

990-PF

Filed on Jan. 13, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending April
2012

Revenue

$769,123

Expenses

$852,827

Net Income

-$83,704

Net Assets

$11,677,305

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$760,000	98.8%
Interest Revenue	$0
Dividends	$186,452	24.2%
Sales of Assets	$304,886	39.6%
Other Income	-$482,215

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$797,525	93.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,677,306
Total Liabilities	$1
Net Assets	$11,677,305

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Larson Foundation

Organization summary

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending April 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

Fiscal Year Ending April
2025

Fiscal Year Ending April
2024

Fiscal Year Ending April
2023

Fiscal Year Ending April
2022

Fiscal Year Ending April
2021

Fiscal Year Ending April
2020

Fiscal Year Ending April
2019

Fiscal Year Ending April
2018

Fiscal Year Ending April
2017

Fiscal Year Ending April
2016

Fiscal Year Ending April
2015

Fiscal Year Ending April
2014

Fiscal Year Ending April
2013

Fiscal Year Ending April
2012

Fiscal Year Ending April
2011

Fiscal Year Ending April
2010

Fiscal Year Ending April
2009

Fiscal Year Ending Dec.
2007

Fiscal Year Ending April
2007

Fiscal Year Ending April
2006

Fiscal Year Ending April
2005

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001