Minnesota Usa Wrestling Inc is located in Minneapolis, MN. The organization was established in 1979. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 08/2021, Minnesota USA Wrestling Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota USA Wrestling 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 08/2021, Minnesota USA Wrestling Inc generated $489.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $664.8k during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AMATEUR WRESTLING ORGANIZATION
Describe the Organization's Program Activity:
MINNESOTA/USA WRESTLING IS A NON-PROFIT, 501(C)3, AMATEUR SPORT ORGANIZATION, WHICH IS SUPPORTED IN PART BY REVENUES FROM MEMBERSHIP AND EVENTS AND IN PART FROM REVENUE CREATED THROUGH LAWFUL PURPOSE GAMING OPERATIONS WITHIN THE STATE OF MINNESOTA. MN/USA WRESTLING IS DEDICATED TO FREESTYLE, GRECO-ROMAN AND FOLKSTYLE WRESTLING AT ALL LEVELS. OUR PRIMARY MISSION IS TO GIVE EVERY WRESTLER THE OPPORTUNITY TO LEARN, TO ACHIEVE AND GO AS FAR AS THEIR TALENTS, ABILITIES AND DETERMINATION WILL ALLOW THEM. MN/USA WRESTLING IS THE OFFICIAL STATE AFFILIATE TO USA WRESTLING, THE GROUP MEMBER OF THE UNITED STATES OLYMPIC COMMITTEE SELECTED TO REPRESENT AMATEUR WRESTLERS. MN/USA WRESTLING IS A VERY ACTIVE ORGANIZATION WORKING TO MEET THE NEEDS OF AROUND 70 CLUBS, 4200 WRESTLERS AGES 5 THROUGH SENIORS, 645 COACHES, 56 OFFICIALS AND 1000'S OF VOLUNTEERS, ALL OF WHOM MAKE MN/USA WRESTLING THE SUCCESS THAT IT IS. THE WRESTLING CLUBS ARE FROM TOWNS AND CITIES THROUGHOUT MINNESOTA, WITH ATHLETES COMPETING IN VARIOUS AGE GROUPS: KIDS, GENERALLY 14 YEARS AND YOUNGER; CADETS, GENERALLY 15-16 YEAR OLDS; JUNIORS, GENERALLY HIGH SCHOOL AGE; UNIVERSITY, GENERALLY COLLEGE AGE; OPEN, GENERALLY COLLEGE AGE AND BEYOND; AND WOMEN, INCLUDING ALL GIRLS AND WOMEN. THESE ATHLETES COMPETE IN FREESTYLE, GRECO-ROMAN AND FOLKSTYLE WRESTLING STYLES. MN/USA WRESTLING IS THE ONLY WRESTLING PROGRAM IN MN TO OFFER REGIONAL TRAINING FOR WOMEN/GIRLS. WE CONTINUE TO WORK WITH OUR NEIGHBORING STATES TO GET AS MANY FEMALE WORKOUT PARTNERS AS POSSIBLE. THIS GIVES FEMALES THE OPPORTUNITY TO BETTER THEIR WRESTLING SKILLS. USA WRESTLING OFFERS WOMEN'S ONLY COMPETITION ON LOCAL, NATIONAL AND INTERNATIONAL LEVELS. THE SPORT OF WRESTLING WILL ENCOURAGE ATHLETE'S POSITIVE ATTITUDES, LEADERSHIP QUALITIES AND SELF DISCIPLINE. IT WILL DEVELOP ATHLETE'S PHYSICAL STRENGTH, TECHNIQUE, COORDINATION, BALANCE AND AGILITY. IT WILL EXCITE ATHLETES, COACHES, PARENTS, FAMILIES AND FANS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dan Chandler Gaming Manag | Trustee | 10 | $40,000 |
Nick Lyden Chairman | OfficerTrustee | 15 | $0 |
Mackenzie Saatzer Treasurer | OfficerTrustee | 10 | $0 |
David Peterson President | OfficerTrustee | 10 | $0 |
Angie Bizal Vice Preside | OfficerTrustee | 10 | $0 |
Jen Wadsen Secretary | OfficerTrustee | 5 | $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 | $3,524 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,524 |
Total Program Service Revenue | $438,907 |
Investment income | $753 |
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 | $45,105 |
Net Income from Sales of Inventory | $1,337 |
Miscellaneous Revenue | $0 |
Total Revenue | $489,626 |
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 | $57,553 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $17,195 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $17,714 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,970 |
Fees for services: Other | $6,559 |
Advertising and promotion | $3,174 |
Office expenses | $7,392 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $113,732 |
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 | $6,856 |
Insurance | $1,650 |
All other expenses | $79,349 |
Total functional expenses | $664,750 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,315 |
Savings and temporary cash investments | $0 |
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 | $620 |
Net Land, buildings, and equipment | $2,485 |
Investments—publicly traded securities | $528,330 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $545,750 |
Accounts payable and accrued expenses | $200 |
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 | -$1,067 |
Total liabilities | -$867 |
Net assets without donor restrictions | $546,617 |
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 | $0 |
Total liabilities and net assets/fund balances | $545,750 |
Organization Name | Assets | Revenue |
---|---|---|
Childrens Service Society Of Wisconsin Milwaukee, WI | $14,842,492 | $52,689,680 |
Running Rebels Community Organization Inc Milwaukee, WI | $6,399,369 | $7,453,258 |
Center Of The American Experiment Golden Valley, MN | $2,778,066 | $5,418,684 |
Northern Lights Junior Volleyball Inc Burnsville, MN | $2,344,363 | $4,802,120 |
Life House Incorporated Duluth, MN | $3,542,824 | $3,195,921 |
Uncommon Sports Group St Louis Park, MN | $1,690,784 | $2,171,450 |
Construction Careers Foundation Minneapolis, MN | $453,242 | $870,916 |
Minnesota Usa Wrestling Inc Minneapolis, MN | $545,750 | $489,626 |
Blue Stars Performing Arts For Youth Inc La Crosse, WI | $787,449 | $565,288 |
Downtown Green Bay Charitable Inc Green Bay, WI | $251,652 | $234,203 |
Delano Area Youth Hockey Association Inc Delano, MN | $471,339 | $419,404 |
Coon Rapids Soccer Association Coon Rapids, MN | $201,864 | $354,051 |