Sinclair Lewis Foundation is located in Sauk Centre, MN. The organization was established in 1964. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Sinclair Lewis Foundation 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, Sinclair Lewis Foundation generated $39.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.9%) each year. All expenses for the organization totaled $78.2k during the year ending 12/2023. 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
MAINTENANCE OF BOYHOOD HOME OF SINCLAIR LEWIS. PROVIDE HISTORICAL BACKGROUND AND INFORMATION ON SINCLAIR LEWIS. PROMOTE TOURISM OF BOYHOOD HOME.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Umhoefer President | 0 | $0 | |
Roberta Olson Vice President | 0 | $0 | |
Deb Himsl Treasurer | 0 | $500 | |
Mark Roberg Board Member | 0 | $0 | |
John Rasmussen Board Member | 0 | $0 | |
Mike Carlson Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,664 |
| Total Program Service Revenue | $25,075 |
| Membership dues | $1,714 |
| Investment income | $436 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,322 |
| Total Revenue | $39,450 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,900 |
| Professional fees and other payments to independent contractors | $1,199 |
| Occupancy, rent, utilities, and maintenance | $57,553 |
| Printing, publications, postage, and shipping | $1,407 |
| Other expenses | $13,110 |
| Total expenses | $78,169 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,085 |
| Other assets | $0 |
| Total assets | $43,085 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,085 |