Waitt Institute is a private foundation focused on Arts, Culture & Humanities, based in NORTH SIOUX CITY, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $787K in total assets. In 2024, it made $9.2M in qualifying distributions. Net investment income was $32K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$787K
-50.1% YoY
Revenue
$7.2M
-9.6% YoY
Qualifying Distributions
$9.2M
+26.8% YoY
Expenses
$8.4M
-0.1% YoY
About Waitt Institute
Based on IRS filings
Waitt Institute is a private foundation focused on Arts, Culture & Humanities, based in NORTH SIOUX CITY, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $787K in total assets. In 2024, it made $9.2M in qualifying distributions. Net investment income was $32K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $787,176 | $1,578,619 | $1,761,258 |
| Revenue | $7,174,063 | $7,937,219 | $6,837,596 |
| Expenses | $8,354,705 | $8,360,204 | $6,601,073 |
| Qualifying Distributions | $9,224,007 | $7,275,979 | $6,561,707 |
| Net Investment Income | $32,244 | $49,811 | $12,392 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THEODORE W WAITT | CHAIRMAN/DIRECTOR | 6 | — |
| DAVE RUSSELL | DIRECTOR | 0.5 | — |
| SHANE HARTNETT | DIRECTOR | 2 | — |
| KATHRYN MENGERINK | EXECUTIVE DIRECTOR | 40 | $240,295 |
| JOSH SHERER | TREASURER | 2 | — |
| DAVID STOOS | SECRETARY | 2 | — |
| EMILY WAITT | DIRECTOR | 0.5 | — |
| SOPHIE WAITT | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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