Rotary International is located in Spokane, WA. The organization was established in 1942. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Rotary International 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 06/2023, Rotary International generated $48.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $57.0k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
COMMUNITY SERVICE ORGANIZATION PROVIDING SUPPORT FOR COMMUNITY PROJECTS, EDUCATION, AND SCHOLARSHIPS FOR AREA STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Larry Sanderson President-Elect | 2 | $0 | |
Sandra Wade Rotary Foundation Chair | 2 | $0 | |
Linda Walters Membership Chair | 2 | $0 | |
Summer Murray Webmaster | 2 | $0 | |
Karen Toreson President | 2 | $0 | |
Steven Anderson Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,765 |
Total Program Service Revenue | $8,430 |
Membership dues | $12,061 |
Investment income | $377 |
Gain or Loss | -$538 |
Net Income from Gaming & Fundraising | $12,793 |
Other Revenue | $0 |
Total Revenue | $48,888 |
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 | $1,939 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $37,050 |
Total expenses | $56,989 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $46,474 |
Other assets | $0 |
Total assets | $46,474 |
Total liabilities | $0 |
Net assets or fund balances | $46,474 |