Panorama Of Progress is located in Lakeville, MN. The organization was established in 2001. According to its NTEE Classification (N52) the organization is classified as: Fairs, 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. Panorama Of Progress is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Panorama Of Progress generated $132.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $110.7k during the year ending 12/2021. While expenses have increased by 0.6% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
JULY 4TH FIREWORKS DRAWS APPROX 12K TO THE EVENT. DRAWS PEOPLE FROM LOCAL & SURROUNDING AREAS SHOWCASING THE LAKEVILLE AREA. DOWNTOWN EVENTS(BB&B, CRUISE NIGHT, STREET DANCE, & BEAUTY PAGENT) PROMOTES LOCAL BUSINESSES AND THE SUCESSES OF THE COMMUNITY. DRAWS 30K PEOPLE. GRAND DAY PARADE DRAWS ABOUT 8K PEOPLE TO THE HISTORIC DOWNTOWN AREA PROMOTING LOCAL BUSINESSES & COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Knutson President | 0 | $0 | |
Paul Kaus 2nd Vice Pre | 0 | $0 | |
Greg Hagerty Past Preside | 0 | $0 | |
Natalie Bartyzal 1st Vice Pre | 0 | $0 | |
Kristen Babcock Secretary | 0 | $0 | |
Patty Dexter Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $132,297 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $132,297 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $110,709 |
Total expenses | $110,709 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $70,726 |
Other assets | $0 |
Total assets | $70,726 |
Total liabilities | $0 |
Net assets or fund balances | $70,726 |
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