Civic Arena Promotions Inc
- Assets
- $258.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bismarck, ND
- Founding
- 01/1990
- Data as of
- 12/2023
- EIN
- 45-0396124
Organization Overview
Civic Arena Promotions Inc is located in Bismarck, ND. The organization was established in 1990. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. Civic Arena Promotions Inc 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 12/2023, Civic Arena Promotions Inc generated $87.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $57.2k 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
CIVIC ARENA PROMOTIONS, INC. (CAP) PROMOTES EVENTS AND ACTIVITIES OF ALL KINDS WITHIN THE CITY OF BISMARCK AND ITS TRADE AREA. CAP WILL ACQUIRE AND HOLD TITLE TO PROPERTY OF ALL KINDS TO BE USED IN THE OPERATION AND MAINTENANCE OF THE BISMARCK CIVIC CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Sorensen President | 2 | $0 | |
Jerry Haas Vice President | 1 | $0 | |
Steve Bain Treasurer | 1 | $0 | |
Irene Felchle Secretary | 1 | $0 | |
Brian Easton Director | 1 | $0 | |
John Giese Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $85,637 |
| Membership dues | $0 |
| Investment income | $1,699 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,336 |
| 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 | $1,645 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,557 |
| Total expenses | $57,202 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $258,552 |
| Other assets | $0 |
| Total assets | $258,552 |
| Total liabilities | $0 |
| Net assets or fund balances | $258,552 |