Central Lakes Concert Association
- Assets
- $148.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, MN
- Founding
- 08/1988
- Data as of
- 06/2024
- EIN
- 41-1605391
Organization Overview
Central Lakes Concert Association is located in Alexandria, MN. The organization was established in 1988. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, 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. Central Lakes Concert Association 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 06/2024, Central Lakes Concert Association generated $62.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $55.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 8 years. 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDED A VARIETY OF MUSICAL CONCERTS TO THE COMMUNITY IN THE CENTRAL MINNESOTA LAKES AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Morken President | 5 | $0 | |
Del Mari Runck Treasurer | 5 | $0 | |
Ruth Blom Officer | 5 | $0 | |
Naomi Bjorkland Officer | 5 | $0 | |
Allen Brogaard Officer | 5 | $0 | |
Jonette Brogaard Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,210 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $40 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,250 |
| 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 | $4,750 |
| Occupancy, rent, utilities, and maintenance | $4,479 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,483 |
| Total expenses | $55,187 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $148,066 |
| Other assets | $0 |
| Total assets | $148,066 |
| Total liabilities | $0 |
| Net assets or fund balances | $148,066 |