Iowa Bandmasters Association Inc
- Assets
- $420.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Storm Lake, IA
- Founding
- 11/2001
- Data as of
- 06/2022
- EIN
- 42-1525499
Organization Overview
Iowa Bandmasters Association Inc is located in Storm Lake, IA. The organization was established in 2001. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, 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. Iowa Bandmasters 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 06/2022, Iowa Bandmasters Association Inc generated $180.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $158.6k during the year ending 06/2022. While expenses have increased by 3.0% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeana Larson President | 20 | $1,600 | |
Steven Cook Secretary | 20 | $1,600 | |
Aaron Nuss Magazine Editor | 20 | $1,600 | |
Tiffany Wurth Treasurer | 20 | $1,600 | |
Christopher Strohmeier Past President | 2 | $0 | |
Mary Crandell President Elect | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,653 |
| Total Program Service Revenue | $64,125 |
| Membership dues | $67,452 |
| Investment income | $3,563 |
| Gain or Loss | $227 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $180,381 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $11,750 |
| Salaries, other compensation, and employee benefits | $6,400 |
| Professional fees and other payments to independent contractors | $3,618 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,867 |
| Other expenses | $128,417 |
| Total expenses | $158,637 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $420,697 |
| Other assets | $0 |
| Total assets | $420,697 |
| Total liabilities | $0 |
| Net assets or fund balances | $420,697 |
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