Wyrulec Company
- Assets
- $49.1m
- Revenue
- $20.8m
- Investments
- $4.1k
- Employees
- 27
- Location
- Torrington, WY
- Founding
- 08/1938
- Data as of
- 12/2021
- EIN
- 83-0157475
Organization Overview
Wyrulec Company is located in Torrington, WY. The organization was established in 1938. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Wyrulec Company employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wyrulec Company is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2021, Wyrulec Company generated $20.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $20.0m during the year ending 12/2021. While expenses have increased by 2.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ELECTRICITY TO RURAL MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED ELECTRICITY TO RURAL MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
S Ryan Schilreff General Manager | Officer | 40 | $160,312 |
Deaver Arrants Line Superintenden | 45 | $111,387 | |
Mark Knaub Treasurer | OfficerTrustee | 3 | $9,200 |
Dewey Hageman Secretary | OfficerTrustee | 3 | $8,100 |
Kenda Knudsen President | OfficerTrustee | 3 | $7,500 |
Julie Kilty Vice President | OfficerTrustee | 2 | $7,400 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Addison Construction Company Construction Contractor | 12/30/21 | $378,444 |
Esc Engineering Inc Engineering Consultant | 12/30/21 | $115,845 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $594,170 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $594,170 |
| Total Program Service Revenue | $19,731,139 |
| Investment income | $461,312 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $788 |
| Net Gain/Loss on Asset Sales | $4,730 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,800,200 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $1,355,360 |
| Compensation of current officers, directors, key employees. | $267,768 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,804,973 |
| Pension plan accruals and contributions | $381,755 |
| Other employee benefits | $489,111 |
| Payroll taxes | $152,187 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,342 |
| Fees for services: Accounting | $12,920 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $22,104 |
| Office expenses | $7,776 |
| Information technology | $53,071 |
| Royalties | $0 |
| Occupancy | $82,821 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $41,032 |
| Interest | $739,888 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,318,641 |
| Insurance | $95,728 |
| All other expenses | -$3,047,416 |
| Total functional expenses | $20,039,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,493 |
| Savings and temporary cash investments | $3,277,912 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,573,252 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $74,067 |
| Inventories for sale or use | $625,248 |
| Prepaid expenses and deferred charges | $279,436 |
| Net Land, buildings, and equipment | $30,417,895 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,125 |
| Investments—program-related | $12,676,850 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $49,058,278 |
| Accounts payable and accrued expenses | $1,888,694 |
| 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 | $17,401,139 |
| Unsecured mortgages and notes payable | $500,000 |
| Other liabilities | $2,905,695 |
| Total liabilities | $22,695,528 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $7,595 |
| Paid-in or capital surplus, or land, building, or equipment fund | $22,640,653 |
| Retained earnings, endowment, accumulated income, or other funds | $3,714,502 |
| Total liabilities and net assets/fund balances | $49,058,278 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wyrulec Company Torrington, WY | $49,058,278 | $20,800,200 |
Tuacahn Center For The Arts Ivins, UT | $34,690,918 | $26,402,780 |
Omaha Performing Arts Society Omaha, NE | $32,168,813 | $11,794,799 |
Bravo Colorado At Vail-Beaver Creek Vail, CO | $12,788,410 | $9,569,156 |
Utah Certified Development Company Ogden, UT | $3,055,296 | $3,200,082 |
Davis Performing Arts Association Centerville, UT | $4,174,799 | $3,299,831 |
Vermillion Development Company Vermillion, SD | $13,347,571 | $1,278,713 |
Utah Arts Alliance Salt Lake City, UT | $1,603,300 | $1,841,835 |
Lake Dillon Foundation For The Performing Arts Silverthorne, CO | $3,674,810 | $1,325,094 |
Sheridan Arts Foundation Telluride, CO | $2,967,332 | $1,721,240 |
Cache Valley Center For The Arts Logan, UT | $6,652,060 | $2,240,065 |
Davis Arts Council Inc Layton, UT | $639,188 | $1,047,516 |