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 12/2021, Rock Bend Folk Festival generated $39.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $42.8k during the year ending 12/2021. 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
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 | |
Trudi Olmanson Treasurer | 3 | $0 | |
Steve Guse Vice President | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $72 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $15,094 |
Total Revenue | $39,750 |
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 | $29,496 |
Occupancy, rent, utilities, and maintenance | $3,876 |
Printing, publications, postage, and shipping | $1,657 |
Other expenses | $7,798 |
Total expenses | $42,827 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $81,710 |
Other assets | $0 |
Total assets | $81,710 |
Total liabilities | $0 |
Net assets or fund balances | $81,710 |
Over the last fiscal year, we have identified 1 grants that Rock Bend Folk Festival has recieved totaling $6,000.
Awarding Organization | Amount |
---|---|
Prairie Lakes Regional Arts Council Inc Waseca, MN PURPOSE: ACH-C | $6,000 |
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