Bakken Trio
- Assets
- $54.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 02/1999
- Data as of
- 05/2022
- EIN
- 41-1842072
Organization Overview
Bakken Trio is located in Minneapolis, MN. The organization was established in 1999. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bakken Trio 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 05/2022, Bakken Trio generated $38.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $50.7k during the year ending 05/2022. 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
PERFORMANCE OF CHAMBER MUSIC PROGRAMS FOR THE GENERAL PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn Slusher Executive Director | 8 | $7,250 | |
Paul Finkelstein Executive Director | 8 | $5,367 | |
Stephanie Arado Director, Artistic Directo | 10 | $4,500 | |
Pitnarry Shin Director, Artistic Directo | 10 | $4,500 | |
Martha Ingram Director, Vice President | 2 | $0 | |
Mary Dew Director, Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,840 |
| Total Program Service Revenue | $6,160 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,595 |
| Other Revenue | $0 |
| Total Revenue | $38,406 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,575 |
| Professional fees and other payments to independent contractors | $9,822 |
| Occupancy, rent, utilities, and maintenance | $5,988 |
| Printing, publications, postage, and shipping | $1,822 |
| Other expenses | $6,455 |
| Total expenses | $50,662 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,514 |
| Other assets | $0 |
| Total assets | $54,514 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,514 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bakken Trio has recieved totaling $58.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $58 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Legion-Aires Drum And Bugle Corps Dubuque, IA | $1,675,907 | $1,872,941 |
Forward Performing Arts Inc Madison, WI | $1,131,638 | $1,464,298 |
Iowa High School Music Assn Boone, IA | $289,886 | $704,627 |
River City Rhythm Inc Cokato, MN | $72,423 | $389,521 |
728 Cadets Corp Elk River, MN | $24,135 | $224,040 |
Guy Grove Family Foundation Stillwater, MN | $2,379,581 | $468,781 |
Groove Inc Sioux Falls, SD | $145,359 | $0 |
Chops Inc Minneapolis, MN | $220,675 | $104,155 |
Milwaukee Jazz Institute Inc Milwaukee, WI | $43,077 | $0 |
Frankly Music Inc Milwaukee, WI | $72,587 | $0 |
Ames Town And Gown Chamber Music Association Ames, IA | $69,037 | $0 |
Madison Bach Musicians Inc Madison, WI | $113,105 | $0 |