Station 1 Records
- Assets
- $22.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Des Moines, IA
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 81-3071619
Organization Overview
Station 1 Records is located in Des Moines, IA. The organization was established in 2016. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Station 1 Records 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, Station 1 Records generated $42.7k 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 (20.8%) each year. All expenses for the organization totaled $60.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.7%) per year over the past 4 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 |
|---|---|---|---|
Thomas Kutz Executive Di | 20 | $17,254 | |
Julie Eich Board Member | 0.5 | $0 | |
Debra Bishop Board Member | 0.5 | $0 | |
Ben Croghan Board Member | 0.5 | $0 | |
Lacey Wotlz Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,162 |
| Total Program Service Revenue | $3,540 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,000 |
| Total Revenue | $42,702 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,034 |
| Professional fees and other payments to independent contractors | $2,045 |
| Occupancy, rent, utilities, and maintenance | $15,801 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,234 |
| Total expenses | $60,114 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,188 |
| Other assets | $0 |
| Total assets | $22,188 |
| Total liabilities | $16,213 |
| Net assets or fund balances | $5,975 |