Central Square Inc

Organization Overview

Central Square Inc is located in Glenwood, MN. The organization was established in 1995. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, 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. Central Square 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 12/2021, Central Square Inc generated $513.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $492.0k during the year ending 12/2021. While expenses have increased by 20.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORTING THE ARTS IN WEST CENTRAL MINNESOTA

Describe the Organization's Program Activity:

Part 3 - Line 4a

SPECIAL EVENTS AT THE FACILITY


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Board, Officers & Key Employees

Name (title)Compensation
Barb Kraember
Secretary
$0
Vickie Sawdon
President
$0
Ted Halvorson
Treasurer
$0
Gary Hammer
Bldg Comm
$0
Larry Zavadil
Bldg Chair
$0
Cheryl Larson
Exec Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $206,897
All other contributions, gifts, grants, and similar amounts not included above$167,072
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$373,969
Total Program Service Revenue$19,498
Investment income $113
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $119,735
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $513,315

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Central Square Inc has recieved totaling $18,800.

Awarding OrganizationAmount
Lake Region Arts Council Inc

Fergus Falls, MN

PURPOSE: Present a series of diverse performances to our community as we return to live programming after two year absence from live performances due to COVID

$18,800
View Grant Recipient Profile

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