Rock Bend Folk Festival is located in Saint Peter, MN. The organization was established in 1999. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rock Bend Folk Festival 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 12/2022, Rock Bend Folk Festival generated $55.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $64.5k during the year ending 12/2022. While expenses have increased by 5.7% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
ROCK BEND FOLK FESTIVAL IS A FREE EVENT AND IS HELD IN MINNESOTA SQUARE PARK, ST PETER, MN ON THE WEEKEND FOLLOWING LABOR DAY. 22 - 25 MUSICAL OR ARTISTIC ACTS PERFORMED. ATTENDENCE FROM THE PUBLIC IS APPROX 10,000
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Ganey President | 3 | $0 | |
Steve Guse Vice President | 3 | $0 | |
Trudi Olmanson Treasurer | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $35,773 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $82 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $16,436 |
Total Revenue | $55,850 |
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 | $47,445 |
Occupancy, rent, utilities, and maintenance | $2,698 |
Printing, publications, postage, and shipping | $1,641 |
Other expenses | $12,678 |
Total expenses | $64,462 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $73,098 |
Other assets | $0 |
Total assets | $73,098 |
Total liabilities | $0 |
Net assets or fund balances | $73,098 |