Little Falls Sports Arena Inc

Organization Overview

Little Falls Sports Arena Inc is located in Little Falls, MN. The organization was established in 1988. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. As of 03/2024, Little Falls Sports Arena Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Little Falls Sports Arena 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 03/2024, Little Falls Sports Arena Inc generated $277.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $215.1k during the year ending 03/2024. While expenses have increased by 0.4% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

SPORTS ARENA FACILITY - ICE TIME AND FACILITIES PROVIDED TO COMMUNITY SCHOOLS, COMMUNITY SERVICES YOUTH HOCKEY PROGRAMS AND THE CITY OF LITTLE FALLS FOR USE AS AN INDOOR ARENA

Describe the Organization's Program Activity:

SPORTS ARENA FACILITY - ICE TIME AND FACILITIES PROVIDED TO COMMUNITY SCHOOLS, COMMUNITY SERVICES YOUTH HOCKEY PROGRAMS AND THE CITY OF LITTLE FALLS FOR USE AS AN INDOOR ARENA. APPROXIMATELY 260 YOUTH PARTICAPATED IN THE ORGANIZATIONS ACTIVITIES DURING THE YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Wesley Waytashek
Arena Manager
$48,211
Paul Johnson
President
$0
Don Lindberg
Vice President
$0
David Stumpf
Secretary
$0
Craig Cox
Director
$0
Brad Oothoudt
Treasurer
$0

Financial Statements

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$14,211
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$14,211
Total Program Service Revenue$255,333
Investment income $20
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 $277,572

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