Lake Benton Opera House Inc
- Assets
- $79.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Benton, MN
- Founding
- 06/1977
- Data as of
- 12/2021
- EIN
- 41-1294389
Organization Overview
Lake Benton Opera House Inc is located in Lake Benton, MN. The organization was established in 1977. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, 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. Lake Benton Opera House 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 12/2021, Lake Benton Opera House Inc generated $77.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $71.9k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
COMMUNITY THEATRE AND ENTERTAINMENT PRODUCTIONS TO RURAL MINNESOTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Wilmes President | 10 | $0 | |
David Norgaard Chairman - Main | 3 | $0 | |
Milo Downs Vice Chairman | 5 | $0 | |
Crystal Enga Director | 1 | $0 | |
Nathaniel Gates Director | 5 | $0 | |
Tom Schmitt Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,223 |
| Total Program Service Revenue | $57,605 |
| Membership dues | $2,860 |
| Investment income | $414 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,943 |
| Total Revenue | $77,045 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $421 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $569 |
| Other expenses | $70,947 |
| Total expenses | $71,937 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,552 |
| Other assets | $0 |
| Total assets | $79,112 |
| Total liabilities | $0 |
| Net assets or fund balances | $79,112 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lake Benton Opera House Inc has recieved totaling $10,083.
| Awarding Organization | Amount |
|---|---|
Southwest Minnesota Arts Council Marshall, MN PURPOSE: EQ | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $83 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fox Cities Performing Arts Center Inc Appleton, WI | $82,069,378 | $12,172,619 |
Confluence Council Inc Eau Claire, WI | $3,541,289 | $9,499,634 |
The Cowles Center Minneapolis, MN | $25,707,590 | $3,628,768 |
Sharon Lynne Wilson Center For The Arts Inc Brookfield, WI | $7,745,348 | $1,495,819 |
Professional Dairy Producers Of Wisconsin Inc Juneau, WI | $950,871 | $1,809,722 |
Firehouse Performing Arts Center Minneapolis, MN | $427,034 | $1,162,536 |
Pangea World Theater Minneapolis, MN | $3,888,394 | $2,394,735 |
Fairmont Opera House Inc Fairmont, MN | $1,946,448 | $510,715 |
The Grand Oshkosh Inc Oshkosh, WI | $717,158 | $1,144,310 |
Meyer Theater Corporation Green Bay, WI | $9,446,664 | $707,494 |
La Crosse Performing Arts Center Inc La Crosse, WI | $7,113,704 | $500,767 |
Fergus Falls Center For The Arts Inc Fergus Falls, MN | $802,335 | $580,235 |