Jamestown Drag Racing Association
- Assets
- $19.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jamestown, ND
- Founding
- 08/2011
- Data as of
- 12/2018
- EIN
- 80-0255956
Organization Overview
Jamestown Drag Racing Association is located in Jamestown, ND. The organization was established in 2011. According to its NTEE Classification (A27) the organization is classified as: Community Celebrations, 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. Jamestown Drag Racing Association 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 12/2018, Jamestown Drag Racing Association generated $57.2k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $52.5k during the year ending 12/2018. While expenses have increased by 6.2% per year over the past 2 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
2018
Describe the Organization's Program Activity:
Part 3
TO PROMOTE DRAG RACING IN THE STUTSMAN COUNTY AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Trautman President | 2 | $0 | |
Daine Flieth Secretary | 1 | $0 | |
Brian Kamlitz Vice President | 1 | $0 | |
Tami Berg Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,927 |
| Total Program Service Revenue | $34,806 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $12,458 |
| Total Revenue | $57,191 |
| 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 | $375 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $118 |
| Other expenses | $52,049 |
| Total expenses | $52,542 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,387 |
| Other assets | $0 |
| Total assets | $19,387 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,387 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jamestown Drag Racing Association has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Jamestown Tourism Jamestown, ND PURPOSE: DRAG RACING EVENT | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saint Paul Chamber Orchestra Society St Paul, MN | $57,703,244 | $22,202,532 |
United Performing Arts Fund Inc Milwaukee, WI | $14,391,026 | $9,375,574 |
Wisconsin Public Broadcasting Foundation Inc Madison, WI | $32,720,675 | $11,782,247 |
John Michael Kohler Arts Center Inc Sheboygan, WI | $91,886,755 | $7,533,321 |
Historic Arnolds Park Inc Arnolds Park, IA | $45,905,371 | $12,228,274 |
Arts Midwest Minneapolis, MN | $13,049,827 | $7,597,060 |
Washington Pavilion Management Inc Sioux Falls, SD | $7,664,278 | $8,315,223 |
Fox Cities Performing Arts Center Inc Appleton, WI | $82,069,378 | $12,172,619 |
Minnesota Humanities Center St Paul, MN | $15,490,899 | $2,258,980 |
Confluence Council Inc Eau Claire, WI | $3,541,289 | $9,499,634 |
Minnesota Childrens Museum St Paul, MN | $26,748,657 | $10,384,942 |
Crazy Horse Memorial Foundation Crazy Horse, SD | $122,222,924 | $29,766,686 |