Milan 54 Inc
- Assets
- $348.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milan, IN
- Founding
- 08/2000
- Data as of
- 12/2022
- EIN
- 35-2112183
Organization Overview
Milan 54 Inc is located in Milan, IN. The organization was established in 2000. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. Milan 54 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 12/2022, Milan 54 Inc generated $82.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $149.2k during the year ending 12/2022. While expenses have increased by 13.5% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
TO PRESERVE ARTIFACTS RELATED TO THE 1954 HIGH SCHOOL BASKETBALL STATE TITLE WON BY MILAN HIGH SCHOOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Kohlmeier President | 1 | $0 | |
Ray Baurley Vice President | 1 | $0 | |
Susan Cottingham Secretary/treas | 18 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,492 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $291 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8 |
| Total Revenue | $82,900 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,212 |
| Professional fees and other payments to independent contractors | $4,200 |
| Occupancy, rent, utilities, and maintenance | $5,956 |
| Printing, publications, postage, and shipping | $2,072 |
| Other expenses | $119,730 |
| Total expenses | $149,170 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,197 |
| Other assets | $0 |
| Total assets | $348,941 |
| Total liabilities | $124 |
| Net assets or fund balances | $348,817 |