Forest Lake Area Music Boosters Inc
- Assets
- $77.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Forest Lake, MN
- Founding
- 07/1987
- Data as of
- 06/2019
- EIN
- 41-1553747
Organization Overview
Forest Lake Area Music Boosters Inc is located in Forest Lake, MN. The organization was established in 1987. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, 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. Forest Lake Area Music Boosters 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 06/2019, Forest Lake Area Music Boosters Inc generated $123.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $105.8k during the year ending 06/2019. While expenses have increased by 6.3% per year over the past 5 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.
Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.Limited Data Available: This organization is one of the few in our database that filed their most recent 990 with the IRS in paper format. This filing methodology limits the information that can be extracted from the filing. This will, however, be changing soon; The IRS now requires all organizations to file their 990s electronically.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,981 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $41,593 |
| Other Revenue | $0 |
| Total Revenue | $123,574 |
| Statement of Expenses | |
|---|---|
| Total expenses | $105,839 |
| Balance Sheet | |
|---|---|
| Total assets | $77,698 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,698 |
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