Red Wing Collectors Society Inc

Organization Overview

Red Wing Collectors Society Inc is located in Red Wing, MN. The organization was established in 1994. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red Wing Collectors Society Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 12/2021, Red Wing Collectors Society Inc generated $242.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $194.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DEDICATED TO THE COLLECTION AND PRESERVATION OF RED WING AND OTHER AMERICAN STONEWARE AND POTTERY. TO EXPAND PUBLIC AWARENESS OF STONEWARE AND POTTERY AS AN ART FORM AND AS A HISTORICAL REFLECTION OF AMERICAN CULTURE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION HOLDS A MAJOR SUMMER CONVENTION AND A SMALL MID WINTER CONVENTION. THESE EVENTS PROMOTE THE ART AND ARTISTIC VALUE OF HAND MADE POTTERY. THE CONVENTIONS INCLUDE DISPLAYS AND EDUCATIONAL PROGRAMS ALONG WITH SOCIAL MEETINGS. THE SUMMER CONVENTION ALSO INCLUDES AN OPPORTUNITY TO BUY AND SELL POTTERY FROM OTHER MEMBERS AND A COMMEMORATIVE PIECE AVAILABLE FOR PURCHASE. THE SUMMER CONVENTION DRAWS AROUND 1600 PEOPLE AND THE MID WINTER CONVENTION DRAWS AROUND 350.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$57,575
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,505
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$61,080
Total Program Service Revenue$169,150
Investment income $6,013
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 $242,826

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