Lake Benton Opera House Inc is located in Lake Benton, MN. The organization was established in 1977. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, 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. Lake Benton Opera House 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, Lake Benton Opera House Inc generated $75.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $63.8k during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
COMMUNITY THEATRE AND ENTERTAINMENT PRODUCTIONS TO RURAL MINNESOTA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Riedel President | 10 | $0 | |
Nathaniel Gates Director | 5 | $0 | |
Crystal Enga Director | 1 | $0 | |
Kathy Holck Director | 1 | $0 | |
Gail Hovland Director | 6 | $0 | |
Jodi Riedel Secretary | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,232 |
| Total Program Service Revenue | $47,215 |
| Membership dues | $110 |
| Investment income | $202 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,050 |
| Total Revenue | $75,809 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $717 |
| Other expenses | $63,118 |
| Total expenses | $63,835 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,068 |
| Other assets | $0 |
| Total assets | $93,699 |
| Total liabilities | $0 |
| Net assets or fund balances | $93,699 |