Minnesota State Auctioneers Foundation is located in St Cloud, MN. The organization was established in 2009. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota State Auctioneers Foundation 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 02/2024, Minnesota State Auctioneers Foundation generated $75.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $65.9k during the year ending 02/2024. While expenses have increased by 7.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Trautmann II President | 1 | $0 | |
Issac Schultz Past Preside | 1 | $0 | |
Kevin Maring Vice Preside | 1 | $0 | |
Frank Imholte Executive Vi | 5 | $13,600 | |
Fred Wiese Director | 1 | $0 | |
Ray Caruso Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,900 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $35 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $32,246 |
| Other Revenue | $0 |
| Total Revenue | $75,181 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,334 |
| Professional fees and other payments to independent contractors | $14,804 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,355 |
| Total expenses | $65,893 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $127,412 |
| Other assets | $0 |
| Total assets | $127,412 |
| Total liabilities | $0 |
| Net assets or fund balances | $127,412 |