Gay-Lesbian-Bisexual Transgender Pride-Twin Cities
- Assets
- $408.5k
- Revenue
- $897.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Minneapolis, MN
- Founding
- 08/1995
- Data as of
- 12/2021
- EIN
- 41-1808096
Organization Overview
Gay-Lesbian-Bisexual Transgender Pride-Twin Cities, operating under the name Twin Cities Pride, is located in Minneapolis, MN. The organization was established in 1995. According to its NTEE Classification (R26) the organization is classified as: Lesbian & Gay Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Twin Cities Pride employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twin Cities Pride 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, Twin Cities Pride generated $897.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $606.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER EVERY LGBTQ+ PERSON TO LIVE AS THEIR TRUE SELF. WE ENVISION A FUTURE WHERE ALL LGBTQ+ PEOPLE ARE VALUED AND CELEBRATED FOR WHO THEY ARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIDE FESTIVAL:STARTING IN 1972 AS A SMALL PICNIC IN LORING PARK, THIS PROGRAM HAS BECOME THE PREMIERE CELEBRATION OF THE GAY-LESBIAN-BISEXUAL-TRANSGENDER COMMUNITY, ATTRACTING OVER 400,000 VISITORS. WIDE-RANGING ATTRACTIONS ATTEST TO THE DIVERSITY OF THE FESTIVAL. HIGHLIGHTS INCLUDE FOUR STAGES OF LIVE ENTERTAINMENT, LIVING WELL PARK, JEAN TRETTER GLBT HISTORY PAVILION, CHILDREN & FAMILIES AREA, TEEN SCENE, SCHOOL ZONE, PET CENTRAL, PRIDE IN CONCERT, ESCAPE SPACE FOR THOSE ON THE AUTISM SCALE, AND OVER 400 VENDORS AND EXHIBITORS. PRIDE IS MEANT TO BE A SAFE SPACE FOR PEOPLE TO COME TOGETHER TO CELEBRATE WHO THEY ARE AND WHO THEY LOVE.PRIDE PRESENTS - HEADLINE SHOW:PRIDE INVITES A NATIONAL CELEBRITY FROM THE LGBTQ COMMUNITY TO KICK OFF PRIDE WEEKEND WITH A PROGRAM DIFFERENT FROM OUR OTHER PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dot Belstler Executive Director | Officer | 40 | $79,811 |
Felix Foster Chair | OfficerTrustee | 10 | $0 |
Michael Kroeger Secretary | OfficerTrustee | 10 | $0 |
Michael Schneider Treasurer | OfficerTrustee | 1 | $0 |
Rebecca Lewis Director | Trustee | 1 | $0 |
Dennis Anderson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $143,825 |
| All other contributions, gifts, grants, and similar amounts not included above | $339,068 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $482,893 |
| Total Program Service Revenue | $320,204 |
| Investment income | $526 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $93,498 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $897,121 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $83,411 |
| Compensation of current officers, directors, key employees. | $15,848 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,189 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,994 |
| Payroll taxes | $9,454 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,256 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,315 |
| Advertising and promotion | $13,262 |
| Office expenses | $29,926 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,401 |
| Travel | $1,394 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,535 |
| All other expenses | $8,854 |
| Total functional expenses | $606,772 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,861 |
| Savings and temporary cash investments | $225,642 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $52,594 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,938 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500 |
| Total assets | $408,535 |
| Accounts payable and accrued expenses | $6,957 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,957 |
| Net assets without donor restrictions | $401,578 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $408,535 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Gay-Lesbian-Bisexual Transgender Pride-Twin Cities has recieved totaling $33,279.
| Awarding Organization | Amount |
|---|---|
Nextstage Bloomington, MN PURPOSE: MN DEED MAIN STREET GRANT | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,804 |
North Memorial Health Care Robbinsdale, MN PURPOSE: TO SUPPORT CHARITABLE PURPOSE OF ORGANIZATION | $7,000 |
Aarp Washington, DC PURPOSE: Sponsorship of event | $6,000 |
Gap Foundation San Francisco, CA PURPOSE: FOR CIVIC & COMMUNITY ENGAGEMENT | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $225 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Outfront Minnesota Community Services St Paul, MN | $706,742 | $1,098,141 |
Gay-Lesbian-Bisexual Transgender Pride-Twin Cities Minneapolis, MN | $408,535 | $897,121 |
Outreach Inc Madison, WI | $258,886 | $475,242 |
Outfront Minnesota St Paul, MN | $98,499 | $162,552 |
Fair Wisconsin Education Fund Inc Madison, WI | $197,166 | $223,455 |
Cream City Foundation Inc Milwaukee, WI | $302,867 | $103,870 |
Room For All Inc West Des Moines, IA | $289,902 | $0 |
Queer Space Collective Minneapolis, MN | $142,712 | $207,418 |
Pflag St Paul Minneapolis Minneapolis, MN | $0 | $0 |
Milwaukee Gay Sports Network Waukesha, WI | $33,565 | $0 |
Duluth Superior Glbtaqi Pride Inc Duluth, MN | $50,910 | $0 |
One Iowa West Des Moines, IA | $5,580 | $0 |