Muncie Altrusa Foundation Inc

Organization Overview

Muncie Altrusa Foundation Inc is located in Muncie, IN. The organization was established in 1983. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Muncie Altrusa Foundation 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 05/2024, Muncie Altrusa Foundation Inc generated $25.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $39.6k during the year ending 05/2024. While expenses have increased by 2.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE MUNCIE ALTRUSA FOUNDATION IS TO ASSIST ORGANIZATIONS IN THE MUNCIE/DELAWARE COUNTY, INDIANA AREA FOR EDUCATIONAL, LITERARY, AND CHARITABLE PURPOSES. THE ORGANIZATION STRIVES TO UPHOLD ITS COMMITMENT TO UNSELFISH, UNBIASED GIVING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION FUNDED A SCHOLARSHIP FOR TUITION IN THE COLLEGE OF BUSINESS AT BALL STATE UNIVERSITY. THE SCHOLARSHIP RECIPIENT IS SELECTED BY BALL STATE UNIVERSITY.


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Board, Officers & Key Employees

Name (title)Compensation
Cathy Stewart
Director
$0
Susan Polcz-Volbrecht
Treasurer
$0
June Kramer
Director
$0
Megan Rhetts
Vice President
$0
Ashlee Anderson
Director
$0
Stephanie Clark
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$4,701
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,988
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,689
Total Program Service Revenue$0
Investment income $19,117
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $25,806

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