Watertown Concert Association
- Assets
- $117.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Watertown, SD
- Founding
- 09/2009
- Data as of
- 06/2022
- EIN
- 46-6012238
Organization Overview
Watertown Concert Association is located in Watertown, SD. The organization was established in 2009. According to its NTEE Classification (A62) the organization is classified as: Dance, 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. Watertown Concert 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 06/2022, Watertown Concert Association generated $64.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $64.7k during the year ending 06/2022. While expenses have increased by 3.4% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED SEVEN CONCERTS THAT APPEALED TO A BROAD POPULATION BASE. AVERAGE ATTENDANCE WAS 427. THE LOWER ATTENDANCE THIS YEAR WAS COVID RELATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kate Hardee Campaign Chair | 2 | $500 | |
John Larson Board Member | 1 | $0 | |
David Law Board Member | 1 | $0 | |
Doug Olawsky Board Member | 1 | $0 | |
Blair Titze Board Member | 1 | $0 | |
Ryan Hardee Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,300 |
| Total Program Service Revenue | $0 |
| Membership dues | $41,615 |
| Investment income | $226 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,141 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $500 |
| Professional fees and other payments to independent contractors | $57,744 |
| Occupancy, rent, utilities, and maintenance | $2,779 |
| Printing, publications, postage, and shipping | $717 |
| Other expenses | $3,000 |
| Total expenses | $64,740 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,648 |
| Other assets | $0 |
| Total assets | $117,398 |
| Total liabilities | $0 |
| Net assets or fund balances | $117,398 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Watertown Concert Association has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Watertown Community Foundation Watertown, SD PURPOSE: MUSIC | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Exercise Trainers Association Minneapolis, MN | $2,492,373 | $1,220,485 |
Tu Dance St Paul, MN | $734,891 | $911,910 |
Red River Dance And Performing Company Fargo, ND | $462,616 | $603,612 |
Iowa State Dance Drill Team Associa Pella, IA | $390,590 | $500,398 |
Minnesota Dance Theatre & The Dance Institute Minneapolis, MN | $99,893 | $566,816 |
Ananya Dance Theatre Minneapolis, MN | $1,499,402 | $1,184,302 |
Lakeville City Ballet Lakeville, MN | $164,893 | $404,380 |
Saint Paul Ballet Saint Paul, MN | $113,495 | $390,921 |
Kairos Alive Minneapolis, MN | $141,910 | $258,598 |
Rocky Mountain Dance Theatre Cody, WY | $156,973 | $308,203 |
Out On A Limb Dance Company St Paul, MN | $5,171 | $304,913 |
Heart Of Dance Minneapolis, MN | $114,804 | $210,510 |