Rushmore Music Festival
- Assets
- $78.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rapid City, SD
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 47-3451302
Organization Overview
Rushmore Music Festival is located in Rapid City, SD. The organization was established in 2017. 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. Rushmore Music Festival 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 12/2021, Rushmore Music Festival generated $71.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $64.6k during the year ending 12/2021. While expenses have increased by 1.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
0
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 |
|---|---|---|---|
Katie Smirnova Secretary Artistic Director | 40 | $0 | |
Brett Walfish President Executive Director | 40 | $0 | |
Philip Setzer Board Member | 0 | $0 | |
Scott Schutz Board Member | 0 | $0 | |
Duane Abata Board Member | 0 | $0 | |
Alevtina Smirnova Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,359 |
| Total Program Service Revenue | $23,817 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,530 |
| Other Revenue | $0 |
| Total Revenue | $71,706 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,170 |
| Professional fees and other payments to independent contractors | $730 |
| Occupancy, rent, utilities, and maintenance | $3,070 |
| Printing, publications, postage, and shipping | $7,828 |
| Other expenses | $39,829 |
| Total expenses | $64,627 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,210 |
| Other assets | $0 |
| Total assets | $78,196 |
| Total liabilities | $1,348 |
| Net assets or fund balances | $76,848 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rushmore Music Festival has recieved totaling $2,518.
| Awarding Organization | Amount |
|---|---|
Bruce J Heim Foundation Metairie, LA PURPOSE: PROGRAM SUPPORT | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grand Teton Music Festival Inc Jackson, WY | $21,966,338 | $8,778,128 |
The Schubert Club St Paul, MN | $22,801,473 | $4,063,918 |
Minnetonka Youth Hockey Association Minnetonka, MN | $11,192,985 | $2,520,815 |
Vocalessence Minneapolis, MN | $7,433,658 | $2,557,414 |
Osseo-Maple Grove Youth Hockey Association Osseo, MN | $2,211,214 | $2,250,377 |
American Composers Forum St Paul, MN | $9,023,516 | $1,393,403 |
Yfc Inc Omaha, NE | $650,534 | $1,235,325 |
Lutheran Music Program Minneapolis, MN | $2,920,609 | $1,763,933 |
Saturday In The Park Inc Sioux City, IA | $111,911 | $911,266 |
Quad City Symphony Tr Davenport, IA | $15,204,035 | $748,751 |
Shellabration Inc Fort Dodge, IA | $122,265 | $523,549 |
Lakes Area Music Festival Brainerd, MN | $288,539 | $699,532 |