Ludrock Inc
- Assets
- $2.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ludington, MI
- Founding
- 07/2013
- Data as of
- 12/2023
- EIN
- 30-0716657
Organization Overview
Ludrock Inc is located in Ludington, MI. The organization was established in 2013. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Ludrock 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, Ludrock Inc generated $33.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $37.1k during the year ending 12/2023. While expenses have increased by 5.2% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
CITY OF LUDINGTON LUDROCK EVENT. PROMOTES LOCAL MUSICAL TALENT & COMMUNITY SOCIAL INTERACTION OF ALL AGES. APPROX. 500 PEOPLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Santarelli President | 20 | $0 | |
William Jess Stubbs Vice President | 10 | $0 | |
Nanette Kibbey-Scribner Treasurer | 20 | $0 | |
Joseph F White Secretary | 10 | $0 | |
Meredith Hanson Board Member | 20 | $0 | |
Andrew Beeker Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,200 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,405 |
| Other Revenue | $0 |
| Total Revenue | $33,511 |
| 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 | $294 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $971 |
| Other expenses | $227 |
| Total expenses | $37,092 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,437 |
| Other assets | $0 |
| Total assets | $2,437 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,437 |