Rural Ethnic Institute
- Assets
- $893.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rapid City, SD
- Founding
- 06/1977
- Data as of
- 06/2024
- EIN
- 46-0340843
Organization Overview
Rural Ethnic Institute is located in Rapid City, SD. The organization was established in 1977. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Rural Ethnic Institute 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 06/2024, Rural Ethnic Institute generated $4.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $4.8k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 5 years. 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
2024
Describe the Organization's Program Activity:
Part 3
SMALL GRANTS TO 6 ORGANIZATIONS PROMOTING POSITIVE RACE RELATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Katus Managing Director | 20 | $0 | |
Twila Martin Kekabah Director | 1 | $0 | |
Janine Pease Director | 0.25 | $0 | |
William Duhamel Director | 0.25 | $0 | |
Marvin Kammerer Director | 0.25 | $0 | |
David Archambault Sr Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,937 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,937 |
| 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 | $50 |
| Occupancy, rent, utilities, and maintenance | $494 |
| Printing, publications, postage, and shipping | $1,374 |
| Other expenses | $0 |
| Total expenses | $4,816 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121 |
| Other assets | $0 |
| Total assets | $893 |
| Total liabilities | $0 |
| Net assets or fund balances | $893 |