Rochester Music Guild
- Assets
- $10.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, MN
- Founding
- 09/1975
- Data as of
- 12/2022
- 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 12/2022, Rochester Music Guild generated $25.5k 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 (8.3%) each year. All expenses for the organization totaled $42.1k during the year ending 12/2022. 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 |
|---|---|---|---|
Beth Nienow President (first Half Of 2022) | 3 | $0 | |
Richard Bogovich Treasurer | 5 | $0 | |
Linda Edd President (second Half Of 2022) | 3 | $0 | |
Mary Beth Sancomb-Moran Secretary (first Half Of 2022) | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,652 |
| Total Program Service Revenue | $3,555 |
| Membership dues | $0 |
| Investment income | $31 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,290 |
| Other Revenue | $0 |
| Total Revenue | $25,528 |
| 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 | $2,585 |
| Printing, publications, postage, and shipping | $431 |
| Other expenses | $18,013 |
| Total expenses | $42,079 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,379 |
| Other assets | $0 |
| Total assets | $10,819 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,819 |