Minnesota Paint Horse Association Inc is located in Eyota, MN. The organization was established in 1983. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Paint Horse Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Minnesota Paint Horse Association Inc generated $20.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (25.7%) each year. All expenses for the organization totaled $27.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.2%) per year over the past 6 years. 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
2022
Describe the Organization's Program Activity:
Part 3
COLLECT DUES FROM MEMBERS TO HOLD HORSE SHOWS THROUGHOUT THE SUMMER WITH AWARDS GIVEN TO TOP PARTICIPANTS. IT ALSO PRODUCES AN ANNUAL DIRECTOR AND QUARTERLY NEWLETTERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Grimm President | 0 | $0 | |
Scott Boe Vice Preside | 0 | $0 | |
Sharon Michelfelder Secretary | 0 | $0 | |
Alicia Michel Board Member | 0 | $0 | |
Scott Fuller Board Member | 0 | $0 | |
Lisa Johnson Teasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $299 |
| Total Program Service Revenue | $18,173 |
| Membership dues | $1,712 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,200 |
| 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 | $0 |
| Other expenses | $27,579 |
| Total expenses | $27,579 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,260 |
| Other assets | $0 |
| Total assets | $109,260 |
| Total liabilities | $0 |
| Net assets or fund balances | $109,260 |