New Ulm Figure Skating Club
- Assets
- $108.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Ulm, MN
- Founding
- 04/1992
- Data as of
- 12/2021
- EIN
- 41-1572312
Organization Overview
New Ulm Figure Skating Club is located in New Ulm, MN. The organization was established in 1992. 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. New Ulm 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 12/2021, New Ulm Figure Skating Club generated $146.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $118.6k during the year ending 12/2021. While expenses have increased by 6.6% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
APPROXIMATELY 100 INDIVIDUALS RECEIVED INSTRUCTION AND TRAINING IN ICE SKATING AND ALSO PARTICIPATED IN THE ANNUAL ICE SHOW AND VARIOUS COMPETITIONS, WHICH PROMOTE SKATING AS A RECREATIONAL, SOCIAL AND ATHLETIC ACTIVITY AND PROMOTES YOUTH INVOLVEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Borgen Director | 1 | $0 | |
Camille Wyffels Secretary | 2 | $0 | |
Andrea Pagliari Director | 1 | $0 | |
Rachel Hoffmann Vice Preside | 2 | $0 | |
Chelsey Mason Director | 1 | $0 | |
Traci Larson President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,874 |
| Total Program Service Revenue | $110,761 |
| Membership dues | $2,620 |
| Investment income | $1,047 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,515 |
| Other Revenue | $0 |
| Total Revenue | $146,817 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,345 |
| Professional fees and other payments to independent contractors | $1,871 |
| Occupancy, rent, utilities, and maintenance | $1,040 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $100,310 |
| Total expenses | $118,566 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,523 |
| Other assets | $0 |
| Total assets | $108,662 |
| Total liabilities | $0 |
| Net assets or fund balances | $108,662 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that New Ulm Figure Skating Club has recieved totaling $6,104.
| Awarding Organization | Amount |
|---|---|
Prairie Lakes Regional Arts Council Inc Waseca, MN | | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $104 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Loppet Foundation Inc Minneapolis, MN | $4,982,965 | $3,219,111 |
American Birkebeiner Ski Foundation Inc Hayward, WI | $7,179,042 | $2,764,424 |
United Heroes League Hastings, MN | $3,084,310 | $3,081,953 |
Eagan Hockey Association Incorporated Eagan, MN | $236,242 | $1,165,383 |
Moorhead Youth Hockey Assn Moorhead, MN | $7,603,734 | $2,426,277 |
Fargo Hockey Association Fargo, ND | $1,287,012 | $1,819,619 |
Milwaukee Jr Admirals Inc Milwaukee, WI | $378,879 | $1,815,838 |
Wisconsin Amateur Hockey Association Inc Mequon, WI | $1,631,368 | $1,828,064 |
Edina Hockey Association Edina, MN | $768,078 | $1,616,429 |
District 284 Youth Hockey Association Golden Valley, MN | $1,155,590 | $1,715,832 |
Dickinson Youth Activities Inc Dickinson, ND | $2,700,930 | $1,609,260 |
Woodbury Area Hockey Club Woodbury, MN | $1,085,854 | $1,679,280 |