Music And Vending Association Of South Dakota is located in Pierre, SD. The organization was established in 1979. 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. Music And Vending Association Of South Dakota is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 10/2023, Music And Vending Association Of South Dakota generated $56.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $55.6k during the year ending 10/2023. While expenses have increased by 0.9% 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
REVIEWED CURRENT LEGISLATIVE ISSUES IMPACTING VENDING OPERATIONS IN SOUTH DAKOTA AND LOBBIED TO PROMOTE FAIR AND RESPONSIVE GAMING LAWS IN THE STATE BENEFITTING THE GENERAL PUBLIC AND VENDORS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Harms Secretary/treas | 1 | $0 | |
Barb Freidel Director | 1 | $0 | |
David Jones President | 1 | $0 | |
Nathan Ryks Vice President | 1 | $0 | |
Randy Vermeulen Director | 1 | $0 | |
Tim Van Berkum Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,600 |
| Membership dues | $53,039 |
| Investment income | $2,286 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,925 |
| 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 | $51,933 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $234 |
| Other expenses | $3,454 |
| Total expenses | $55,621 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $181,133 |
| Other assets | $0 |
| Total assets | $181,133 |
| Total liabilities | $0 |
| Net assets or fund balances | $181,133 |