Fergus Falls Concert Association
- Assets
- $228.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fergus Falls, MN
- Founding
- 08/1978
- Data as of
- 05/2023
- EIN
- 41-6040833
Organization Overview
Fergus Falls Concert Association is located in Fergus Falls, MN. The organization was established in 1978. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Fergus Falls Concert Association 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 05/2023, Fergus Falls Concert Association generated $58.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $49.7k during the year ending 05/2023. While expenses have increased by 1.7% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED GOOD MUSIC BY PROFESSIONAL ARTISTS TO THE FERGUS FALLS COMMUNITY WITH A SERIES OF SIX CONCERTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Jensen President | 12 | $0 | |
Dennis Johnson Director | 0.5 | $0 | |
Sherri Money Secretary | 1 | $0 | |
Pat Krekelberg Director | 0.5 | $0 | |
Scott Kummrow Director | 0.5 | $0 | |
Pam Olson Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,715 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,423 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,138 |
| 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 | $770 |
| Occupancy, rent, utilities, and maintenance | $660 |
| Printing, publications, postage, and shipping | $1,003 |
| Other expenses | $47,288 |
| Total expenses | $49,721 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $228,391 |
| Other assets | $0 |
| Total assets | $228,391 |
| Total liabilities | $0 |
| Net assets or fund balances | $228,391 |