Southeast Minnesota Bluegrass Association Inc in Rushford, Minnesota (MN)

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Southeast Minnesota Bluegrass Association Inc
Employer Identification Number (EIN)411919640
Name of OrganizationSoutheast Minnesota Bluegrass Association Inc
In Care of NameHoward Otis
AddressPO BOX 93, Rushford, MN 55971-0093
SubsectionLiterary Organization
Ruling Date02/1999
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$68,415
Amount of Income$57,648
Form 990 Revenue Amount$23,255
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Music


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Amount of income in 2013: $57,648 (it was $49,034 in 2012)
Southeast Minnesota Bluegrass Association Inc: 

 $57,648
Other organizations performing similar types of work: 

 $113,884

Assets in 2013: $68,415 (it was $56,901 in 2012)
This organization: 

 $68,415
Other organizations performing similar types of work: 

 $78,987

Expenses in 2013: $9,828
Southeast Minnesota Bluegrass Association Inc: 

 $9,828
Other organizations performing similar types of work: 

 $104,400

Income to expenses ratio in 2013: 5.9
This organization: 

 5.9
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 105.0%
Southeast Minnesota Bluegrass Association Inc: 

 105.0%
Other organizations performing similar types of work: 

 42.0%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$14,209$7,590$23,255
Contributions, gifts, grants, and similar amounts received$16,600$12,532$24,415
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$3,755$4,060$3,495
Investment income$795$515$365
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$-6,704$-10,335$-6,258
Gross income from gaming$0$0$0
Gross income from fundraising events$33,043$28,865$26,075
Less: direct expenses from gaming and fundraising events$39,747$39,200$32,333
Gross profit/loss from sales of inventory$-237$818$1,238
Gross sales of inventory, less returns and allowances$3,565$3,062$3,298
Less: cost of goods sold$3,802$2,244$2,060
Other revenue$0$0$0
Total expenses$13,961$13,383$9,828
Total net assets$62,694$56,901$68,415
Excess/Deficit for the year$248$-5,793$13,427
Net assets or fund balances at beginning of year$62,446$62,694$54,988
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$56,901$70,328
Balance Sheets
201120122013
Total assets$62,694$56,901$68,415
Total liabilities$0$0$0
Net assets or fund balances$62,694$56,901$68,415
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$150,959
Subtotal$150,959
Gifts, grants, contributions, and membership fees received$0
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$150,959
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$155,696
Public support$150,959
Subtotal$4,737
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$4,737
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Diversified Creative Sounds385 Pascal Street South, St Paul, MN 55105MN1995-10$28,913
2San Francisco Jazz Organization201 Franklin St, San Francisco, CA 94102-5108CA1994-05$20,497,477
3American Composers Forum75 5th St W Ste 522, Saint Paul, MN 55102-1439MN1976-06$8,241,198
4Sphinx Organization Inc, The Sphinx Competition400 Renaissance Ctr, Detroit, MI 48243-1502MI1996-08$6,778,556
5The Schubert Club302 Landmark Center, St Paul, MN 55102-1423MN1945-06$6,151,396
6Young Concert Artists Inc250 W 57th St, New York, NY 10107-0001NY1963-02$5,750,562
7Vocalessence, Vocal Essence1900 Nicollet Ave, Minneapolis, MN 55403-3746MN1979-12$3,296,519
8The John G Shedd Institute For The ArtsPO BOX 1497, Eugene, OR 97440-1497OR1995-03$2,315,653
9Southwest Florida Symphony Orchestra And Chorus Association I8290 College Pkwy Ste 103, Fort Myers, FL 33919-5157FL1966-09$1,851,058
10Jazz Art Group Of Fargo-Moorhead2700 12th Avenue South, Moorhead, MN 56560-3958MN1992-02$175,822
11Angelica Cantanti Youth Choirs1800 W Old Shakopee Rd, Bloomington, MN 55431-3071MN1984-01$175,223
12Music In The Park SeriesPO BOX 8183, Saint Paul, MN 55108-0183MN1988-05$172,941
13Minneapolis Guitar Quartet Association2550 Dupont Ave S, Minneapolis, MN 55405-3506MN1997-10$96,610
14Chamber Music Society Of St Cloud IncPO BOX 205, Saint Cloud, MN 56302-0205MN1980-03$88,089
15Minnesota Guitar SocietyPO BOX 14986, Minneapolis, MN 55414-0986MN1986-07$76,838
16Southeast Minnesota Bluegrass Association IncPO BOX 93, Rushford, MN 55971-0093MN1999-02$57,648
17Lakes Chamber Music SocietyPO BOX 863, Alexandria, MN 56308-0863MN1996-06$33,333
18Sonshine Productions IncPo Box 1444, Willmar, MN 56201MN1984-12$27,455
19Minnesota Pipes And DrumsPo Box 19067, Minneapolis, MN 55419MN1998-08$0
20St Croix Valley Orchestra Association212 Summit Ave Po Box 503, Center City, MN 55012MN2000-01$0
Number of organizations performing similar types of work
Alaska3
Alabama2
Arkansas3
Arizona4
California58
Colorado12
Connecticut8
District of Columbia6
Delaware1
Florida11
Georgia3
Hawaii1
Iowa6
Idaho1
Illinois15
Indiana4
Kansas2
Kentucky5
Louisiana1
Massachusetts20
Maryland12
Maine4
Michigan15
Minnesota16
Missouri8
Mississippi2
North Carolina6
North Dakota1
Nebraska1
New Hampshire4
New Jersey8
New Mexico3
Nevada1
New York59
Ohio14
Oklahoma6
Oregon8
Pennsylvania21
Rhode Island1
South Carolina2
Tennessee4
Texas20
Utah7
Virginia11
Vermont1
Washington19
Wisconsin6
Wyoming2
Total428

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