St Paul Figure Skating Club Inc is located in Saint Paul, MN. The organization was established in 2004. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, 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. St Paul Figure Skating Club 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 09/2023, St Paul Figure Skating Club Inc generated $507.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $458.3k during the year ending 09/2023. While expenses have increased by 2.9% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ST. PAUL FIGURE SKATING CLUB PROMOTES AND ENCOURAGES PARTICIPATION IN THE SPORT OF FIGURE SKATING. THE CLUB OFFERS DAILY PRACTICE SESSIONS, SEMINARS, SHOWS, AND COMPETITIONS FOR FIGURE SKATERS. MEMBER SKATERS ARE ENCOURAGED TO ACHIEVE THE HIGHEST TEST LEVELS AND PARTICIPATE IN QUALIFYING COMPETITIONS LEADING TO NATIONAL AND INTERNATIONAL COMPETITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ICE AND PROGRAMS: ICE IS PURCHASED FOR DAILY TRAINING SESSIONS DURING WHICH PRIVATE AND GROUP LESSONS ARE GIVEN. DAILY SESSIONS ALLOW SKATERS TO WORK ON MASTERING THE SKATING SKILLS NEEDED TO PROGRESS IN THE SPORT OF FIGURE SKATING. THIS YEAR SKATERS COMPETED IN QUALIFYING SECTIONAL COMPETITIONS. THE GRANTS ARE TRAVEL STIPENDS AWARDED TO ST. PAUL FSC SKATERS WHO TRAIN WITH SPFSC AND QUALIFY AND TRAVEL TO SECTIONALS (OR EQUIVALENT QUALIFYING EVENTS). STIPEND COSTS ARE PARTIALLY OFFSET BY THE AWARDS INCLUDED IN PART VIII, LINE 1F.
COMPETITIONS: ST. PAUL FSC HELD THE BASIC SKILLS COMPETITION IN MAY 2023 AND THE ANNUAL SKATE ST. PAUL COMPETITION IN JULY 2023. BOTH WERE SANCTIONED EVENTS BY US FIGURE SKATING.
SHOWS AND ACTIVITIES: SKATERS PARTICIPATE IN THE ST. PAUL FSC ANNUAL SPRING SKATING SHOW AND THE ANNUAL HOLIDAY SKATING SHOW. THESE SHOWS PROVIDE THE SKATERS WITH AN OPPORTUNITY TO PERFORM OR PARTICIPATE IN CHOREOGRAPHED INDIVIDUAL AND/OR GROUP PROGRAMS FOR FAMILIES, FRIENDS, AND THE COMMUNITY. ST. PAUL FSC ALSO HOSTS SKATER EVENTS SUCH AS HALLOWEEN SKATE, SKATE WITH SANTA, AND FAMILY SKATE NIGHTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Miller President | Officer | 10 | $0 |
Carolyn Marker Vice President | Officer | 35 | $0 |
Karen Hartje Treasurer | Officer | 10 | $0 |
Pam Carlson Secretary | Officer | 20 | $12,000 |
Lori Rothmund Board Member | 10 | $0 | |
Lee Gardner Board Member | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $31,355 |
Fundraising events | $1,468 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,827 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $35,650 |
Total Program Service Revenue | $471,991 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $507,641 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $3,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $25,704 |
Compensation of current officers, directors, key employees. | $12,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $13,000 |
Fees for services: Legal | $24,112 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $8,508 |
Information technology | $3,325 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $970 |
Insurance | $1,694 |
All other expenses | $9,552 |
Total functional expenses | $458,318 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $317,297 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,302 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $77,735 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $399,334 |
Accounts payable and accrued expenses | $26,485 |
Grants payable | $0 |
Deferred revenue | $55,090 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $81,575 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $317,759 |
Total liabilities and net assets/fund balances | $399,334 |