Rochester Music Guild
- Assets
- $23.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, MN
- Founding
- 09/1975
- Data as of
- 12/2021
- EIN
- 51-0158995
Organization Overview
Rochester Music Guild is located in Rochester, MN. The organization was established in 1975. 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. Rochester Music Guild 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, Rochester Music Guild generated $33.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $35.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. 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 |
|---|---|---|---|
Richard Bogovich Treasurer | 5 | $0 | |
Sue Visscher Secretary (first Half Of 2021) | 1 | $0 | |
Mary Beth Sancomb-Moran Secretary (second Half Of 2021) | 1 | $0 | |
Beth Nienow President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,914 |
| Total Program Service Revenue | $1,374 |
| Membership dues | $0 |
| Investment income | $34 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,576 |
| Other Revenue | $0 |
| Total Revenue | $33,898 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $145 |
| Printing, publications, postage, and shipping | $605 |
| Other expenses | $12,828 |
| Total expenses | $35,893 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,121 |
| Other assets | $0 |
| Total assets | $23,561 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,561 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rochester Music Guild has recieved totaling $13,905.
| Awarding Organization | Amount |
|---|---|
Rochester Area Foundation Rochester, MN PURPOSE: PROGRAM SUPPORT | $13,900 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Lutheran Music Program Minneapolis, MN | $2,920,609 | $1,763,933 |
Saturday In The Park Inc Sioux City, IA | $111,911 | $911,266 |
Birch Creek Music Performance Center Inc Egg Harbor, WI | $4,670,702 | $1,564,605 |
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 |
Civic Music Association Des Moines, IA | $1,903,874 | $722,778 |