Mendelssohn Club
- Assets
- $1.2m
- Revenue
- $264.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Rockford, IL
- Founding
- 12/1944
- Data as of
- 06/2021
- EIN
- 36-2229585
Organization Overview
Mendelssohn Club, operating under the name Mendelssohn Performing Arts Center, is located in Rockford, IL. The organization was established in 1944. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Mendelssohn Performing Arts Center employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mendelssohn Performing Arts Center 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 06/2021, Mendelssohn Performing Arts Center generated $264.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $167.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (13.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRESENT EXCITING, PERSONAL, INTERACTIVE MUSIC EXPERIENCES, AND ENRICH THE COMMUNITY BY FOSTERING AND SUPPORTING THE PERFORMING ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PRESENTED A CONCERT SERIES FOR THE 2021-2022 CONCERT SEASON. THE SERIES PRESENTED BOTH WORLD-CLASS MUSICIANS AND OUTSTANDING LOCAL TALENT.
THE ORGANIZATION PROVIDED MUSIC OUTREACH PROGRAMS TO LOCAL YOUTH.
THE ORGANIZATION PAID SCHOLARSHIP AWARDS TO LOCAL STUDENTS.
OTHER MISSION-RELATED EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Hatwich President | OfficerTrustee | $0 | |
Jim Knoll Treasurer | OfficerTrustee | $0 | |
Susan Goldberg Acting Secretary | OfficerTrustee | $0 | |
Joel Ross Board Member | Trustee | $0 | |
Rulee Stallmann Board Member | Trustee | $0 | |
Rachel Handlin Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $61,478 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,478 |
| Total Program Service Revenue | $4,733 |
| Investment income | $51,670 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,750 |
| Net Gain/Loss on Asset Sales | $106,979 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $264,029 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,873 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,663 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,182 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,323 |
| Fees for services: Other | $115 |
| Advertising and promotion | $952 |
| Office expenses | $11,557 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,871 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,001 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,101 |
| Insurance | $12,287 |
| All other expenses | $3,948 |
| Total functional expenses | $167,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,941 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $95 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $486,479 |
| Investments—publicly traded securities | $601,505 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $131,935 |
| Total assets | $1,231,955 |
| Accounts payable and accrued expenses | $1,813 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $4,060 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $87,746 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $93,619 |
| Net assets without donor restrictions | $546,736 |
| Net assets with donor restrictions | $591,600 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,231,955 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mendelssohn Club has recieved totaling $14,325.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Northern Illinois Rockford, IL PURPOSE: FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT | $14,299 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $26 |
Endowment Analysis
| Beg. Balance | $601,505 |
| Earnings | -$78,920 |
| Net Contributions | $117,753 |
| Other Expense | $14,276 |
| Ending Balance | $626,062 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Board Of Osteopathic Medical Examiners Inc Chicago, IL | $38,044,964 | $32,817,502 |
Gps Education Partners Inc Waukesha, WI | $3,399,978 | $6,380,793 |
Chicago Humanities Festival Chicago, IL | $20,433,533 | $6,135,727 |
The Independent Living Center Inc Joplin, MO | $6,998,222 | $3,154,564 |
Ashley For The Arts Ltd Arcadia, WI | $72,807 | $2,501,773 |
National Interscholastic Athletic Administrators Association Indianapolis, IN | $6,389,694 | $2,742,036 |
3arts Inc Chicago, IL | $12,078,620 | $2,551,186 |
Lunda Community Center Inc Black River Falls, WI | $21,403,243 | $624,709 |
Demolay International Kansas City, MO | $3,448,662 | $1,614,271 |
Kansas City Chapter Of Young Audiences Inc Kansas City, MO | $5,162,996 | $1,143,353 |
Bailey Foundation Saint Louis, MO | $926,334 | $1,827,354 |
Mainframe Studios Des Moines, IA | $8,963,700 | $1,124,336 |