Southeast Minnesota Bluegrass Association Inc
- Assets
- $129.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rushford, MN
- Founding
- 02/1999
- Data as of
- 12/2023
- EIN
- 41-1919640
Organization Overview
Southeast Minnesota Bluegrass Association Inc is located in Rushford, MN. The organization was established in 1999. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Southeast Minnesota Bluegrass Association 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 12/2023, Southeast Minnesota Bluegrass Association Inc generated $61.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $45.3k during the year ending 12/2023. While expenses have increased by 17.7% 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
2023
Describe the Organization's Program Activity:
Part 3
PLANNED FOR TWO BLUEGRASS MUSIC FESTIVALS FOR SURROUNDING COMMUNITIES. THESE FESTIVALS NORMALLY DRAW PEOPLE FROM VARIOUS STATES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roberta Anderson Treasurer | 10 | $0 | |
Darrell Ottman President | 10 | $0 | |
John Campbell Vice President | 5 | $0 | |
Bob Brommerich Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,085 |
| Total Program Service Revenue | $25,305 |
| Membership dues | $3,076 |
| Investment income | $175 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,812 |
| Other Revenue | $0 |
| Total Revenue | $61,531 |
| 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 | $960 |
| Occupancy, rent, utilities, and maintenance | $60 |
| Printing, publications, postage, and shipping | $3,822 |
| Other expenses | $40,415 |
| Total expenses | $45,257 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,355 |
| Other assets | $0 |
| Total assets | $129,857 |
| Total liabilities | $0 |
| Net assets or fund balances | $129,857 |