Midway Band Backers
- Assets
- $63.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hewitt, TX
- Founding
- 03/2001
- Data as of
- 05/2023
- EIN
- 74-2980637
Organization Overview
Midway Band Backers is located in Hewitt, TX. The organization was established in 2001. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Midway Band Backers 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 05/2023, Midway Band Backers generated $106.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $82.3k during the year ending 05/2023. While expenses have increased by 11.0% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Sha Towers President | 1 | $0 | |
Samantha Blanc VP At Large | 1 | $0 | |
Jenny Akin VP Membership | 1 | $0 | |
Shawna Furman VP Events | 1 | $0 | |
Abby Kevin Tankersley VP Hospitality | 1 | $0 | |
Michelle Witt Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,909 |
| Total Program Service Revenue | $74,693 |
| Membership dues | $29,540 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$797 |
| Other Revenue | $0 |
| Total Revenue | $106,345 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $78,820 |
| Total expenses | $82,320 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,261 |
| Other assets | $0 |
| Total assets | $63,261 |
| Total liabilities | $93 |
| Net assets or fund balances | $63,168 |