Brummer Legacy Foundation Inc is located in Cherokee, IA. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, 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. Brummer Legacy Foundation 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 12/2023, Brummer Legacy Foundation Inc generated $116.9k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $115.9k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
FOUNDATION PRCHASED BRUMMER BUILDING AND BEGAN RESTORATION EFFORTS IN 2021.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John M Loughlin President | 20 | $0 | |
Kayla Ludvigson Vice-President | 10 | $0 | |
John Snapp Board Member | 10 | $0 | |
Amy Loughlin Treasuer | 10 | $0 | |
Chris Anderson Board Member | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $112,860 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $4,000 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $116,860 |
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 | $95,232 |
Occupancy, rent, utilities, and maintenance | $227 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $20,489 |
Total expenses | $115,948 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $83,491 |
Other assets | $0 |
Total assets | $133,491 |
Total liabilities | $0 |
Net assets or fund balances | $133,491 |