Ancient Free & Accepted Masons Of Minnesota Grand Lodge
- Assets
- $9.8m
- Revenue
- $940.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Bloomington, MN
- Founding
- 09/1941
- Data as of
- 02/2024
- EIN
- 41-0123134
Organization Overview
Ancient Free & Accepted Masons Of Minnesota Grand Lodge is located in Bloomington, MN. The organization was established in 1941. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 02/2024, Ancient Free & Accepted Masons Of Minnesota Grand Lodge employed 5 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Ancient Free & Accepted Masons Of Minnesota Grand Lodge is a 501(c)(10) and as such, is described as a "Domestic Fraternal Society and/or Association" by the IRS.
For the year ending 02/2024, Ancient Free & Accepted Masons Of Minnesota Grand Lodge generated $940.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $1.0m during the year ending 02/2024. While expenses have increased by 5.3% 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.
Since 2015, Ancient Free & Accepted Masons Of Minnesota Grand Lodge has awarded 73 individual grants totaling $2,274,116. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
FRATERNAL UNION AMONG MEMBERSHIP AND PROMOTE CHARITABLE SERVICES TO MEMBERS AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LODGE WAS ORGANIZED IN 1853 TO PRESERVE FRATERNAL UNION AMONG ITS MEMBERSHIP AND TO PROMOTE CHARITABLE SERVICES THROUGHOUT THE COMMUNITY AND AMONG ITS MEMBERS. THERE ARE 8,473 MEMBERS AT 12/31/2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Krall Past Grand Master | Trustee | 5 | $0 |
Dayton Berg Grand Master - President | OfficerTrustee | 20 | $0 |
Foster Solem Deputy Grand Master | OfficerTrustee | 10 | $0 |
Robert Davis Senior Grand Warden | OfficerTrustee | 5 | $0 |
Shawn Carrick Junior Grand Deacon | Trustee | 5 | $0 |
Charles Brust Senior Grand Deacon | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $432,398 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $225,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $658,148 |
| Total Program Service Revenue | $23,220 |
| Investment income | $207,069 |
| 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 | -$4,323 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $940,755 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $249,727 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $166,934 |
| 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 | $202,744 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $44,611 |
| Payroll taxes | $15,500 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,734 |
| Office expenses | $22,827 |
| Information technology | $15,842 |
| Royalties | $0 |
| Occupancy | $16,828 |
| Travel | $108,491 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $82,564 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $23,076 |
| All other expenses | $32,219 |
| Total functional expenses | $1,003,797 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $205,365 |
| Savings and temporary cash investments | $764,661 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $53,139 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $116,875 |
| Inventories for sale or use | $28,508 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,116 |
| Investments—publicly traded securities | $8,579,174 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,753,838 |
| Accounts payable and accrued expenses | $48,235 |
| Grants payable | $59,796 |
| Deferred revenue | $1,867,456 |
| 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 | $1,975,487 |
| Net assets without donor restrictions | $7,279,806 |
| Net assets with donor restrictions | $498,545 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $9,753,838 |
Grants Awarded
Over the last fiscal year, Ancient Free & Accepted Masons Of Minnesota Grand Lodge has awarded $135,050 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHERN STAR COUNCIL BSA PURPOSE: OPERATING SUPPORT | $10,000 |
MINNESOTA MASONIC CHARITIES PURPOSE: OPERATING SUPPORT | $35,050 |
EAGLE'S HEALING NEST PURPOSE: OPERATING SUPPORT | $20,000 |
SOLDIERS 6 PURPOSE: OPERATING SUPPORT | $10,000 |
23RD VETERAN PURPOSE: OPERATING SUPPORT | $10,000 |
MN ASSISTANCE COUNCIL FOR VETRANS PURPOSE: OPERATING SUPPORT | $50,000 |