Balsam Lake Water Ski Show Team Inc is located in Balsam Lake, WI. The organization was established in 2014. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, 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. Balsam Lake Water Ski Show Team Inc 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 09/2022, Balsam Lake Water Ski Show Team Inc generated $11.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $13.1k during the year ending 09/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED INSTRUCTION IN THE SPORT OF WATER SKIING AND THE ART OF SHOW SKIING. ALSO GAVE PUBLIC PERFORMANCES OF WATER SKI SHOWS AND SPONSORED SPECIAL EVENTS INVOLVING PUBLIC PERFORMANCE OF WATER SKI SHOWS, INCLUDING PROVIDING FACILITIES AND EQUIPMENT TO OTHERS TO ENGAGE IN THE SPORT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Grant Robinson II President/tr | 0 | $0 | |
John Gisel Secretary | 0 | $0 | |
Erika Robinson Vice Preside | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,838 |
Total Program Service Revenue | $3,000 |
Membership dues | $0 |
Investment income | $51 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $11,889 |
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 | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $13,087 |
Total expenses | $13,087 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $28,128 |
Other assets | $0 |
Total assets | $41,318 |
Total liabilities | $0 |
Net assets or fund balances | $41,318 |