About Us

In 1980, founder Ann Smith opened the doors to the Faust Institute of Cosmetology in Storm Lake, IA. Being involved in the cosmetology industry since 1965, she brought a wealth of information and experience to the new students and staff, not only as the owner of the school, but as a licensed cosmetologist, licensed instructor and an owner and manager of salons.

In 1990, the Spirit Lake campus was opened. Both schools continue to thrive while educating hundreds of students to enter a professional career in the beauty industry.

In 2005, a second generation began to take over. And although Ms. Smith will continue to have an active role in the schools, her daughter, Lynnae Faust-Latham, and her son-in-law, Justin Latham have assumed ownership of the schools.

With the help of two long-time employees: Marge Rydberg, Storm Lake campus director (employed since 1986), and Melanie Brons, Spirit Lake campus education director (employed since 1990), and the rest of the highly talented and qualified staff, they will continue to instill the high standards and values that Ann Smith first brought to the Faust Institute over 35 years ago.

Mission Statement

Our mission is to use professional principles as a guide to produce confident, well-trained cosmetologists, who will be prepared with the necessary education to enter any phase of the industry. We believe that every person has the ability to achieve any realistic goal they are willing to seek out and conquer.

Accredited And Licensed

The Faust Institutes are:

  • Licensed by the State of Iowa, Board of Cosmetology, Iowa State Department of Health
  • Accredited nationally by the National Accrediting Commission of Cosmetology Arts and Sciences
  • Registered with the U.S. Department of Education, and the Iowa State Department of Education
  • A member of the National Association of Accredited Cosmetology Schools, the Iowa Cosmetology Schools Association and of the Storm Lake and Spirit Lake Chamber of Commerce


Because we are smaller schools, we pride ourselves in the personal attention we are able to give our students. Our current student to instructor ratio is 7:1. We feel this aids in the quality of education that our licensed instructors provide each day, as well as allows each student the extra individual attention they sometimes need.

The entire staff at the Faust Institute has an “open door policy” — owners, directors and instructors alike. You’ll never be just a name or a number at the Faust Institute of Cosmetology.

Consumer Information

Download our Consumer Information Handbook

Continuing Education for License Renewal

ConEd Flyer 2018-Oct