Rock Bend Folk Festival
- Assets
- $81.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Peter, MN
- Founding
- 06/1999
- Data as of
- 12/2021
- EIN
- 41-1907729
Organization Overview
Rock Bend Folk Festival is located in Saint Peter, MN. The organization was established in 1999. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rock Bend Folk Festival 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 12/2021, Rock Bend Folk Festival generated $39.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $42.8k during the year ending 12/2021. 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
ROCK BEND FOLK FESTIVAL IS A FREE EVENT AND IS HELD IN MINNESOTA SQUARE PARK, ST PETER, MN ON THE WEEKEND FOLLOWING LABOR DAY. 22 - 25 MUSICAL OR ARTISTIC ACTS PERFORMED. ATTENDENCE FROM THE PUBLIC IS APPROX 10,000
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Guse Vice President | 3 | $0 | |
John Ganey President | 3 | $0 | |
Trudi Olmanson Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $72 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $15,094 |
| Total Revenue | $39,750 |
| 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 | $29,496 |
| Occupancy, rent, utilities, and maintenance | $3,876 |
| Printing, publications, postage, and shipping | $1,657 |
| Other expenses | $7,798 |
| Total expenses | $42,827 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,710 |
| Other assets | $0 |
| Total assets | $81,710 |
| Total liabilities | $0 |
| Net assets or fund balances | $81,710 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rock Bend Folk Festival has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Prairie Lakes Regional Arts Council Inc Waseca, MN PURPOSE: ACH-C | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sioux Empire United Way Inc Sioux Falls, SD | $14,046,411 | $8,857,048 |
New Harmony Care Center Inc Edina, MN | $17,674,874 | $11,846,414 |
United Way Of East Central Iowa Cedar Rapids, IA | $18,620,645 | $6,956,778 |
Wisconsin Regional Training Partnership Inc Milwaukee, WI | $5,167,350 | $7,096,517 |
United Way Quad Cities Bettendorf, IA | $12,852,824 | $6,411,474 |
Marquardt Management Services Inc Watertown, WI | $6,505,877 | $7,287,760 |
United Way Of Racine County Inc Racine, WI | $12,886,220 | $9,907,710 |
United Way Of Cass-Clay Fargo, ND | $8,673,446 | $5,532,076 |
Midamerican Energy Foundation Des Moines, IA | $31,627,129 | $16,741,976 |
Hills Bank Donor Advised Gift Fund North Liberty, IA | $13,364,606 | $6,107,675 |
Minnesota Independence College And Community Richfield, MN | $4,038,115 | $5,662,588 |
Dana Brown Charitable Trust Milwaukee, WI | $43,840,273 | $5,865,507 |