Mankato Figure Skating Club
- Assets
- $75.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mankato, MN
- Founding
- 02/1988
- Data as of
- 08/2024
- EIN
- 41-1318167
Organization Overview
Mankato Figure Skating Club is located in Mankato, MN. The organization was established in 1988. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mankato Figure Skating Club 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 08/2024, Mankato Figure Skating Club generated $130.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $99.0k during the year ending 08/2024. While expenses have increased by 3.4% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
TO ENCOURAGE INSTRUCTION, PRACTICE, AND ADVANCEMENT OF THE MEMBERS IN ANY OR ALL OF THE DISCIPLINES OF FIGURE SKATING. TO ENCOURAGE AND CULTIVATE THE GENERAL POLICIES AND OBJECTIVES OF U.S. FIGURE SKATING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Otto President | 5 | $0 | |
Jeremy Meger Vice President | 2 | $0 | |
Jill Nusser Co-Treasurer | 10 | $0 | |
Amie Ternes Co-Treasurer | 10 | $0 | |
Kristy Tokheim Secretary | 1 | $0 | |
Mark Haman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,324 |
| Total Program Service Revenue | $97,158 |
| Membership dues | $5,475 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $95 |
| Total Revenue | $130,524 |
| 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 | $1,838 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $170 |
| Other expenses | $96,981 |
| Total expenses | $98,989 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,447 |
| Other assets | $0 |
| Total assets | $75,695 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,695 |