Nonprofit · EIN 41-1967683
MINNESOTA LAKES MARITIME SOCIETY
Tax-exempt · ALEXANDRIA, MN 56308
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $565,207 | $661,522 | -$96,315 | $5,061,567 | $23,885 | $5,037,682 |
| December 31, 2023 | 990 | $1,532,281 | $593,530 | $938,751 | $4,775,602 | $22,188 | $4,753,414 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $445,990
- Membership dues
- $177,800
- Program service revenue
- $119,644
- Investment income
- $21,523
- Net rental income
- -$4,988
- Net gain from sales of assets
- $1,269
- Net income from fundraising events
- -$21,933
- Net income from sales of inventory
- $3,986
- Other revenue
- -$21,950
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $88,200
- Other salaries and wages
- $153,437
- Salaries, compensation and benefits (total)
- $281,347
- Professional fundraising fees
- $0
- Accounting fees
- $22,548
- Occupancy
- $48,526
- Depreciation
- $101,075
- Program services (functional)
- $539,762
- Management and general (functional)
- $121,760
Balance sheet and other
- Total assets, start of year
- $4,775,602
- Total assets, end of year
- $5,061,567
- Total liabilities, end of year
- $23,885
- Net assets, end of year
- $5,037,682
- Land, buildings and equipment
- $2,621,271
- Publicly traded securities
- $2,047,332
- Net assets without donor restrictions
- $2,918,127
- Net assets with donor restrictions
- $2,119,555
- Gross unrelated business income
- -$4,988
- Gross receipts
- $687,482
- Employees
- 8
- Volunteers
- 140
- Year formed
- 1999
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATIE WILLIAMS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| BRIAN BALUSEK | VICE-PRESIDE Trustee or director, Officer | 1 | $0 |
| JAY DIEBOLD | SECRETARY Trustee or director, Officer | 1 | $0 |
| JOHN ENGELEN | TREASURER Trustee or director, Officer | 1 | $0 |
| RUSS STICHA | PAST-PRESIDE Trustee or director | 1 | $0 |
| LISA BOWEN | DIRECTOR Trustee or director | 1 | $0 |
| JACK DRISCOLL | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT FRICKE | DIRECTOR Trustee or director | 1 | $0 |
| RICK GARELICK | DIRECTOR Trustee or director | 1 | $0 |
| JOHN KARLSON | DIRECTOR Trustee or director | 1 | $0 |
| ANDY LUIKENS | DIRECTOR Trustee or director | 1 | $0 |
| MARK RAITOR | DIRECTOR Trustee or director | 1 | $0 |
| ROBYN SNYDER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATIE WILLIAMS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAVE BORTNER | VICE-PRESIDE Trustee or director, Officer | 1 | $0 |
| JON STEINBRING | SECRETARY Trustee or director, Officer | 1 | $0 |
| JOHN ENGELEN | TREASURER Trustee or director, Officer | 1 | $0 |
| RUSS STICHA | PAST-PRESIDE Trustee or director | 1 | $0 |
| BRIAN BALUSEK | DIRECTOR Trustee or director | 1 | $0 |
| JAY DIEBALD | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT FRICKE | DIRECTOR Trustee or director | 1 | $0 |
| MIKE JOST | DIRECTOR Trustee or director | 1 | $0 |
| JOHN KARLSON | DIRECTOR Trustee or director | 1 | $0 |
| ANDY LUIKENS | DIRECTOR Trustee or director | 1 | $0 |
| LOWELL PICKETT | DIRECTOR Trustee or director | 1 | $0 |
| ROBYN SNYDER | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1216, ALEXANDRIA, MN 56308-0139
- In care of
- % CARL MAMMEL
- Principal officer (990 for 2024)
- KATIE WILLIAMS, PO BOX 1216, ALEXANDRIA, MN 56308
- Signed the 990
- KATIE WILLIAMS, PRESIDENT
- Phone
- (320) 759-1114
- Return prepared by
- JENSEN PA
Mission
PROMOTE AND PRESERVE THE HISTORY AND CULTURE OF LAKE LIFE THROUGH INTERPRETIVE EXHIBITS, EDUCATIONAL PROGRAMS, COLLECTIONS MANAGEMENT AND SPECIAL EVENTS.
Program accomplishments
- THE MUSEUM EXPERIENCED CONTINUED ATTENDANCE GROWTH. OUR OPEN SEASON IS MID-MAY THROUGH OCTOBER. IN 2024, MUSEUM ATTENDANCE WAS 5,690 THE MOST GUESTS SINCE WE OPENED IN 2006. THE NUMBER OF FREE ADMISSIONS ROSE FROM 1,196 IN 2023 TO 1,986 IN 2024 BECAUSE OF FOCUSED INITIATIVES TO REMOVE FINANCIAL BARRIERS TO VISITING THE MUSEUM. IN ADDITION TO INCREASING ATTENDANCE, ANECDOTAL OBSERVATIONS INDICATE THAT THE AUDIENCE WAS MORE DIVERSE THAN REGULARLY VISITS THE MUSEUM. OVER 12,800 INDIVIDUALS ENJOYED EVENTS, EDUCATION CLASSES, AND COMMUNITY GATHERINGS IN LEGACY GARDENS.Expenses $437,821 · revenue $65,192
- THE FINANCIAL SUSTAINABILITY AND STABILITY OF THE MUSEUM IMPROVED. AN INDEPENDENT CPA AUDITED OUR 2022 AND 2023 FINANCIAL STATEMENTS AND FOUND NO MISSTATEMENTS. THE ORGANIZATION WAS VERBALLY COMPLIMENTED FOR THE HIGH QUALITY OF FINANCIAL MANAGEMENT AND OVERSIGHT. A FULL-TIME ADVANCEMENT DIRECTOR WAS ADDED TO STAFF AND SHE INCREASED SPONSORSHIP REVENUE BY 70% OR 31,300, EVENT REVENUE BY 45% OR 13,200 AND FUNDRAISER DONATIONS BY 8,000.Expenses $96,680 · revenue $48,999
- EDUCATION PROGRAMS WERE INCREASED AND DIVERSIFIED. OVER 690 YOUTH AND ADULTS WERE SERVED BY 21 EDUCATIONAL ACTIVITIES ON AND OFF THE MUSEUM CAMPUS. NEW PROGRAMS INCLUDED A PADDLE-MAKING WORKSHOP AND A DAY CAMP HELD ON A NEARBY LAKE. PROGRAMS WERE OFTEN A PARTNERSHIP BETWEEN THE MUSEUM AND LOCAL INSTITUTIONS AND NONPROFIT ORGANIZATIONS. FIVE VIDEOS ON WOMEN RACE BOAT DRIVERS WERE VIEWED OVER 17,000 TIMES.Expenses $5,261 · revenue $5,453
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1967683
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A54)
- Assets (IRS master file)
- $5,061,567
- Income (IRS master file)
- $687,482
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $565,207 | $661,522 | $5,061,567 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,532,281 | $593,530 | $4,775,602 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $816,428 | $500,882 | $3,707,612 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1967683).
Questions about MINNESOTA LAKES MARITIME SOCIETY
- What is the EIN of MINNESOTA LAKES MARITIME SOCIETY?
- The employer identification number (EIN) of MINNESOTA LAKES MARITIME SOCIETY is 41-1967683.
- Is MINNESOTA LAKES MARITIME SOCIETY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to MINNESOTA LAKES MARITIME SOCIETY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MINNESOTA LAKES MARITIME SOCIETY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MINNESOTA LAKES MARITIME SOCIETY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MINNESOTA LAKES MARITIME SOCIETY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MINNESOTA LAKES MARITIME SOCIETY?
- The 990 for the year ended December 31, 2024 names KATIE WILLIAMS.
- Who are the officers and directors of MINNESOTA LAKES MARITIME SOCIETY?
- The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does MINNESOTA LAKES MARITIME SOCIETY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $565,207, expenses of $661,522 and total assets of $5,061,567 at year end.
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All nonprofits in ALEXANDRIA · Minnesota · Arts, culture and humanities