Friends Of Linden Hill Inc
- Assets
- $234.7k
- Revenue
- $331.7k
- Investments
- $0.0
- Employees
- 13
- Location
- Little Falls, MN
- Founding
- 09/2007
- Data as of
- 12/2023
- EIN
- 26-0234572
Organization Overview
Friends Of Linden Hill Inc is located in Little Falls, MN. The organization was established in 2007. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Friends Of Linden Hill Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Linden Hill Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Friends Of Linden Hill Inc generated $331.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $301.6k during the year ending 12/2023. While expenses have increased by 11.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PERSERVING AND SHARING THE HISTORY AND SPIRIT OF THE MUSSER/WEYERHAEUSER ESTATE ON THE MISSISSIPPI RIVER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS BEEN CONTINUING IN ITS WORK TO PRESERVE AND CARE FOR THE LINDEN HILL ESTATE. ADDRESSING VARIOUS RESTORATION AND PRESERVATION EFFORTS. THIS YEAR WE HAVE TAKEN CARE OF NUMROUS SMALLER SCALE PROJECTS TO KEEP UP WITH GENERAL ONGOING MAINTENANCE NEEDS, AND HAVE BEGUN AN EXCITING MULTI-YEAR PROJECT OF ORGAN REPAIRS AND RENOVATIONS THANKS TO AN ANNONYMOUS DONOR.
THE ORGANIZATION REMAINS COMMITTED TO HOSTING A VARIETY OF EVENTS, EDUCATIONAL PROGRAMS, AND FUNDRAISERS WHICH BOTH SHARE AND SUSTAIN THE ESTATE, MAINTIANING THE DELICATE BALANCE OF OUR TWO FOLD MISSION.
THE ORGANIZATION HAS GROWN IN IT'S VISIBILTY AND RENOWN WITH SEVERAL OPORTUNITIES TO WORK WITH TELEVISION NETWORKS, A HISTORY PERIODICAL, AND SEVERAL AREA SPECIALISTS TO SPREAD THE WORD ABOUT LINDEN HILL, ALONG WITH REGULAR EFFORTS IN OTHER MEDIA OUTREACH MARKETING. THE ORGANIZATION CONTINUES TO BUILD OFF OF THESE OPPORTUNITIES TO REACH MORE PEOPLE WITH THE STORIES AND OPPORTUNITIES THAT EXIST AT LINDEN HILL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Sharon Chair (president) | OfficerTrustee | 2 | $0 |
Doug Anderson Vice Chair (vice President) | OfficerTrustee | 1 | $0 |
Sue Gustner Director | OfficerTrustee | 1 | $0 |
Katie Jackson Director | Trustee | 2 | $0 |
Michael Neudecker Director | Trustee | 1 | $0 |
Sabrina Koelsch Financial Chair (treasurer) | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,195 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $103,636 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,831 |
| Total Program Service Revenue | $119,124 |
| Investment income | $408 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $75,554 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $22,789 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $331,706 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $59,943 |
| Compensation of current officers, directors, key employees. | $5,995 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,680 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,836 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,179 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,674 |
| Advertising and promotion | $8,310 |
| Office expenses | $8,221 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,399 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,436 |
| Insurance | $8,080 |
| All other expenses | $0 |
| Total functional expenses | $301,607 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,032 |
| Savings and temporary cash investments | $100,756 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $121,918 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $234,706 |
| Accounts payable and accrued expenses | $3,880 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,880 |
| Net assets without donor restrictions | $220,682 |
| Net assets with donor restrictions | $10,144 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $234,706 |