Waitt Institute
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.
Waitt Institute at a glance
- Total assets
- $787,176
- -50.1% vs 2023
- Revenue (2024)
- $7,174,063
- -9.6% vs 2023
- Qualifying distributions (2024)
- $9,224,007
- +26.8% vs 2023
- Expenses (2024)
- $8,354,705
- -0.1% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|
| 2024 | $787,176 | $7,174,063 | $8,354,705 | $9,224,007 | $32,244 |
| 2023 | $1,578,619 | $7,937,219 | $8,360,204 | $7,275,979 | $49,811 |
| 2022 | $1,761,258 | $6,837,596 | $6,601,073 | $6,561,707 | $12,392 |
| 2021 | $1,194,996 | $5,461,658 | $4,899,459 | $4,898,235 | $183 |
| 2020 | $548,095 | $2,009,933 | $3,326,918 | — | $9,281 |
Leadership & Key People
Officers and directors from IRS filings
Waitt Institute is led by Kathryn Mengerink, Executive Director on every filing since 2020; 1 of 8 officers listed in 2024 is compensated.
Officers on the 2024 filing
Kathryn Mengerink
Executive Director
On filings since 2020
40 hrs/week
$197K (2020) → $240K (2024)
Theodore W. Waitt
Chairman & Director
On filings since 2020
6 hrs/week
No compensation reported
Dave Russell
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Emily Waitt
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Shane Hartnett
Director
On filings since 2020
2 hrs/week
No compensation reported
Sophie Waitt
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Josh Sherer
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
David Stoos
Secretary
On filings since 2022
2 hrs/week
No compensation reported
Former officers (1)
- Former: Mark Dickey (2020–2021) — Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $240K, to Kathryn Mengerink (Executive Director).
Frequently asked questions about Waitt Institute
How large is Waitt Institute?
Waitt Institute reported $787K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $7.2M.
What is Waitt Institute?
Waitt Institute is a private foundation focused on Arts, Culture & Humanities, based in North Sioux City, SD. It holds $787K in total assets as of 2024.
What is Waitt Institute's EIN?
Waitt Institute's EIN (Employer Identification Number) is 20-3274586. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Waitt Institute funds
Arts, Culture & Humanities Open opportunities, soonest deadline first.
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Waitt Institute down — hundreds of funders to go?