Sault Ste Marie Foundation For Culture And History
- Assets
- $145.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sault Ste Marie, MI
- Founding
- 10/1990
- Data as of
- 12/2022
- EIN
- 38-2948641
Organization Overview
Sault Ste Marie Foundation For Culture And History is located in Sault Ste Marie, MI. The organization was established in 1990. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. Sault Ste Marie Foundation For Culture And History 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 12/2022, Sault Ste Marie Foundation For Culture And History generated $122.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $65.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Robinson President | 0 | $0 | |
Cathy Tibbett V President | 0 | $0 | |
Colleen Arbic Treasurer | 0 | $0 | |
Phyllis Bigelow Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,884 |
| Total Program Service Revenue | $13,550 |
| Membership dues | $0 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $135 |
| Total Revenue | $122,257 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,958 |
| Professional fees and other payments to independent contractors | $4,800 |
| Occupancy, rent, utilities, and maintenance | $42,908 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,850 |
| Total expenses | $65,516 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,176 |
| Other assets | $0 |
| Total assets | $145,792 |
| Total liabilities | $48,952 |
| Net assets or fund balances | $96,840 |