Minnesota Ceramic Tile Promotion Trust
- Assets
- $410.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mendota Heights, MN
- Founding
- 05/1971
- Data as of
- 06/2021
- EIN
- 23-7109878
Organization Overview
Minnesota Ceramic Tile Promotion Trust is located in Mendota Heights, MN. The organization was established in 1971. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Ceramic Tile Promotion Trust is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Minnesota Ceramic Tile Promotion Trust generated $88.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 37.8% each year . All expenses for the organization totaled $28.9k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE FUND IS ESTABLISHED FOR THE PURPOSE OF THE PROMOTION OF THE ADVANCEMENT AND EXPANSION OF THE CERAMIC TILE CONTRACTING INDUSTRY AND THE PROMOTION OF THE SKILLS AND WORKMANSHIP OF THE INDUSTRY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gene Grazzini Jr Trustee | 0.05 | $0 | |
Mike Lapensky Trustee - Past | 0.05 | $0 | |
Wayne Grazzini Trustee | 0.05 | $0 | |
Jim Hidding Trustee | 0.05 | $0 | |
Angela Ferguson Trustee | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $83,765 |
| Membership dues | $0 |
| Investment income | $2,822 |
| Gain or Loss | $1,867 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,454 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,261 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,526 |
| Other expenses | $21,091 |
| Total expenses | $28,878 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $401,082 |
| Other assets | $0 |
| Total assets | $410,208 |
| Total liabilities | $7,626 |
| Net assets or fund balances | $402,582 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Craft Council Minneapolis, MN | $6,869,826 | $3,121,094 |
Midwest Old Settlers And Threshers Assn Inc Mt Pleasant, IA | $5,724,252 | $3,761,020 |
Union Construction Crafts Workers Compensation Fund Bloomington, MN | $541,374 | $1,672,771 |
American Association Of Woodturners St Paul, MN | $2,442,172 | $1,435,170 |
Urban Roots Mn St Paul, MN | $649,457 | $875,121 |
Forecast Public Artworks St Paul, MN | $1,063,412 | $1,010,564 |
Franconia Sculpture Park Shafer, MN | $3,377,116 | $636,537 |
Southeastern Minnesota Arts Council Inc Rochester, MN | $706,176 | $777,550 |
Public Art Saint Paul St Paul, MN | $739,376 | $339,805 |
Iowa Arts In Education Des Moines, IA | $212,952 | $511,979 |
Elys Historic State Theater Ely, MN | $396,462 | $439,135 |
Civa Christians In Visual Arts Monona, WI | $175,361 | $429,048 |