Panorama Of Progress
- Assets
- $152.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakeville, MN
- Founding
- 12/2001
- Data as of
- 12/2022
- EIN
- 41-1584743
Organization Overview
Panorama Of Progress is located in Lakeville, MN. The organization was established in 2001. According to its NTEE Classification (N52) the organization is classified as: Fairs, 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. Panorama Of Progress is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Panorama Of Progress generated $186.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $104.7k during the year ending 12/2022. 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
JULY 4TH FIREWORKS DRAWS APPROX 12K TO THE EVENT. DRAWS PEOPLE FROM LOCAL & SURROUNDING AREAS SHOWCASING THE LAKEVILLE AREA. DOWNTOWN EVENTS(BB&B, CRUISE NIGHT, STREET DANCE, & BEAUTY PAGENT) PROMOTES LOCAL BUSINESSES AND THE SUCESSES OF THE COMMUNITY. DRAWS 30K PEOPLE. GRAND DAY PARADE DRAWS ABOUT 8K PEOPLE TO THE HISTORIC DOWNTOWN AREA PROMOTING LOCAL BUSINESSES & COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Kaus 1st Vice Pre | 0 | $0 | |
Paul Jacobus 2nd Vice Pre | 0 | $0 | |
Tom Knutson Past Preside | 0 | $0 | |
Kristen Babcock Secretary | 0 | $0 | |
Patty Dexter Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $186,741 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $186,741 |
| 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 | $104,666 |
| Total expenses | $104,666 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $152,801 |
| Other assets | $0 |
| Total assets | $152,801 |
| Total liabilities | $0 |
| Net assets or fund balances | $152,801 |