Miles City Wrestling Club Inc is located in Miles City, MT. The organization was established in 2002. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miles City Wrestling Club Inc 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 12/2022, Miles City Wrestling Club Inc generated $124.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (26.7%) each year. All expenses for the organization totaled $55.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER AND IMPROVE AMATEUR WRESTLING IN THE CITY OF MILES CITY, IN ACCORDANCE WITH THE STANDARDS AND RULES OF THE MONTANA STATE AND NATIONAL AMATEUR ATHLETIC UNION; TO PROMOTE SPORTSMANSHIP AND CHARACTER OF PARTICIPATING ATHLETES; TO PROVIDE OPPORTUNITY AND TRAINING IN THE SPORT OF WRESTLING FOR INTERESTED YOUTHS FROM AGES FOUR TO EIGHTEEN; AND TO CONDUCT JUNIOR OLYMPIC DEVELOPMENT PROGRAMS IN THE SPORT OF AMATEUR WRESTLING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FOSTER AND IMPROVE AMATEUR WRESTLING IN THE CITY OF MILES CITY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emmett Willson Director | Trustee | 0.5 | $0 |
Matt Benjamin Director | Trustee | 0.5 | $0 |
Jeremy Harms Director | Trustee | 0.5 | $0 |
Silas Counts Director | Trustee | 0.5 | $0 |
Derrick Tvedt Director | Trustee | 0.5 | $0 |
Ren Gardner President | Officer | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,996 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,390 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,386 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,600 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $41,480 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $124,466 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,716 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $780 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,890 |
| Advertising and promotion | $890 |
| Office expenses | $424 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,079 |
| Travel | $1,443 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,842 |
| Insurance | $3,376 |
| All other expenses | $2,302 |
| Total functional expenses | $55,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,960 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $552,910 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $833 |
| Other assets | $0 |
| Total assets | $624,703 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $565,774 |
| Net assets with donor restrictions | $58,929 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $624,703 |