Ancient Free & Accepted Masons is located in Tipton, IA. The organization was established in 1941. According to its NTEE Classification (Y41) the organization is classified as: Fraternal Beneficiary Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ancient Free & Accepted Masons is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 11/2023, Ancient Free & Accepted Masons generated $59.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $62.8k during the year ending 11/2023. 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 Mission:
Part 3 - Line 1
CHARITABLE & AFFILIATION WITH GRAND LODGE
Describe the Organization's Program Activity:
Part 3
CHARITABLE CONTRIBUTIONS
PROGRAM SERVICE EXPENSES
SCHOLARSHIPS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Hakeman Sr. Warden | 1 | $0 | |
John Kaufman W. Master | 1 | $0 | |
Larry Martens Secretary | 1 | $1,200 | |
Brett Eggert Treasurer | 1 | $0 | |
Ruel Wehde Chaplain | 1 | $0 | |
Jason Wolcott Marshall | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,884 |
| Total Program Service Revenue | $55,500 |
| Membership dues | $0 |
| Investment income | $2,181 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,565 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,870 |
| Professional fees and other payments to independent contractors | $3,878 |
| Occupancy, rent, utilities, and maintenance | $11,948 |
| Printing, publications, postage, and shipping | $17 |
| Other expenses | $2,621 |
| Total expenses | $62,834 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $302,893 |
| Other assets | $0 |
| Total assets | $302,893 |
| Total liabilities | $0 |
| Net assets or fund balances | $302,893 |