Gibson Cemetery Inc is located in Lawrenceburg, IN. The organization was established in 1999. According to its NTEE Classification (Y50) the organization is classified as: Cemeteries, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gibson Cemetery Inc is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2021, Gibson Cemetery Inc generated $259.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $132.9k during the year ending 12/2021. While expenses have increased by 10.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MAINTAIN AND UPKEEP OF CEMETERY GROUNDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALE OF GRAVESITES AND UPKEEP OF CEMETERY GROUNDS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karen Blasdel Treasurer | OfficerTrustee | 5 | $0 |
Carl Hauser Vice Preside | OfficerTrustee | 1 | $0 |
Dan Johnson President | OfficerTrustee | 1 | $0 |
Sheila Jones Secretary | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $200 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $200 |
Total Program Service Revenue | $152,660 |
Investment income | $58,547 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $48,185 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $259,592 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $23,800 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $10,810 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $268 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
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 | $0 |
Insurance | $250 |
All other expenses | $0 |
Total functional expenses | $132,919 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $17,640 |
Savings and temporary cash investments | $178,696 |
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 | $618,069 |
Investments—publicly traded securities | $1,128,578 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $16,500 |
Total assets | $1,959,483 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $1,959,483 |
Total liabilities and net assets/fund balances | $1,959,483 |
Organization Name | Assets | Revenue |
---|---|---|
Washington Park Cemetery Association Inc Indianapolis, IN | $57,549,845 | $13,115,645 |
Cave Hill Cemetery Company Louisville, KY | $67,001,142 | $12,381,029 |
Bellefontaine Cemetery Association St Louis, MO | $166,331,381 | $12,820,734 |
Lexington Cemetery Company Lexington, KY | $150,406,302 | $9,017,874 |
Selected Independent Funeral Homes Lincolnshire, IL | $2,040,365 | $2,457,677 |
Trustees Of The Graceland Cemetery Improvement Fund Chicago, IL | $74,360,927 | $6,555,672 |
Crown Hill Cemetery Indianapolis, IN | $75,777,693 | $824,020 |
Forest Home Cemetery Inc Milwaukee, WI | $9,127,975 | $2,672,979 |
Bohemian National Cemetery Association Chicago, IL | $3,060,921 | $885,707 |
Funeral Service Foundation Inc Brookfield, WI | $12,194,327 | $2,150,777 |
Cremation Association Of North America Wheeling, IL | $1,894,259 | $1,623,825 |
Highland Cemetery Inc Ft Mitchell, KY | $23,478,166 | $5,931,885 |