New Ulms Own
- Assets
- $20.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Ulm, MN
- Founding
- 06/2017
- Data as of
- 12/2021
- EIN
- 82-0943422
Organization Overview
New Ulms Own is located in New Ulm, MN. The organization was established in 2017. 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. New Ulms Own 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, New Ulms Own generated $29.3k 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 (11.4%) each year. All expenses for the organization totaled $8.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (35.4%) per year over the past 4 years. 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
2021
Describe the Organization's Program Activity:
Part 3
SUPPORTED CRAFTS AND ENTREPRENEURS IN DEVELOPING COUNTRIES SO THAT THEY BECOME SELF-SUFFICIENT. EXCESS FUNDS WERE DISTRIBUTED TO SUPPORT LOCAL NON-PROFITS THAT SUPPORT MARGINALIZED WOMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barb Olson Director | 6 | $0 | |
Bernice Schmitz Director | 4 | $0 | |
Mary Jean Hinsman President | 10 | $0 | |
Mary Kluge Vice President | 4 | $0 | |
Vickie Sieve Treasurer | 3 | $0 | |
Peg Sundell Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,373 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,289 |
| 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 | $5,074 |
| Printing, publications, postage, and shipping | $2,624 |
| Other expenses | $975 |
| Total expenses | $8,673 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,313 |
| Other assets | $0 |
| Total assets | $20,431 |
| Total liabilities | $371 |
| Net assets or fund balances | $20,060 |
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|---|---|---|
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Brucemore Inc Cedar Rapids, IA | $18,035,244 | $1,902,736 |
Milwaukee County War Memorial Inc Milwaukee, WI | $14,315,972 | $2,406,675 |
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Zeitgeist Center For Arts And Community Duluth, MN | $16,526,029 | $2,402,669 |
Seward Redesign Inc Minneapolis, MN | $17,574,323 | $2,638,078 |
Bloomington Theatre And Art Center Dba Artistry Bloomington, MN | $570,526 | $1,529,131 |
Phipps Center For The Arts Inc Hudson, WI | $10,511,884 | $2,040,286 |
North Iowa Cultural Center And Museum Clear Lake, IA | $2,980,482 | $2,832,043 |