Iowa Bandmasters Association Inc
- Assets
- $449.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Storm Lake, IA
- Founding
- 11/2001
- Data as of
- 06/2023
- EIN
- 42-1525499
Organization Overview
Iowa Bandmasters Association Inc is located in Storm Lake, IA. The organization was established in 2001. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, 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. Iowa Bandmasters Association Inc 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 06/2023, Iowa Bandmasters Association Inc generated $169.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $140.5k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cliff St Clair President | 20 | $1,600 | |
Mary Crandall Past President | 2 | $1,600 | |
Steven Cook Secretary | 20 | $1,600 | |
Tiffany Wurth Treasurer | 20 | $1,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,442 |
| Total Program Service Revenue | $76,630 |
| Membership dues | $59,139 |
| Investment income | $10,423 |
| Gain or Loss | -$290 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $169,187 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $5,750 |
| Salaries, other compensation, and employee benefits | $6,400 |
| Professional fees and other payments to independent contractors | $6,968 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,149 |
| Other expenses | $112,690 |
| Total expenses | $140,542 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $449,342 |
| Other assets | $0 |
| Total assets | $449,342 |
| Total liabilities | $0 |
| Net assets or fund balances | $449,342 |