International Mountain Bicycling Association is located in Newport, KY. The organization was established in 2016. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Mountain Bicycling 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 12/2023, International Mountain Bicycling Association generated $170.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $177.8k during the year ending 12/2023. 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 Program Activity:
Part 3
TRAIL OPERATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Bozeman President | 12 | $0 | |
Sherman Butler VP | 12 | $0 | |
Doug Hart Treasurer | 8 | $0 | |
Chris Bovard Sec | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,258 |
| Total Program Service Revenue | $0 |
| Membership dues | $25,710 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,806 |
| Other Revenue | $0 |
| Total Revenue | $170,774 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,519 |
| Professional fees and other payments to independent contractors | $32,760 |
| Occupancy, rent, utilities, and maintenance | $4,631 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $85,888 |
| Total expenses | $177,798 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $255,163 |
| Other assets | $0 |
| Total assets | $255,163 |
| Total liabilities | $1,877 |
| Net assets or fund balances | $253,286 |