Waseca Sleigh & Cutter Festival Inc

WASECA, MN EIN: 41-1978942 Website

TO SPONSOR AND CONDUCT THE HOLDING OF WHAT IS NOW KNOWN AS THE WASECA SLEIGH & CUTTER FESTIVAL FOR THE PURPOSE OF STIMULATING CIVIC INTERESTS AND PARTICIPATION IN THE OUTDOOR ACTIVITIES AND WINTER SPORTS AVAILABLE TO AND IN THE COMMUNITY OF WASECA, AND TO DO ANY AND ALL ACTS NECESSARY AND INCIDENTAL TO ACCOMPLISH THE PURPOSE OF THIS ORGANIZATION. FURTHER, THE ASSOCIATION SHALL PROVIDE SCHOLARSHIPS TO AREA SCHOOLS AND TO THE MISS WASECA SLEIGH & CUTTER. ANOTHER GOAL IS TO PROVIDE FUNDING TO LOCAL ORGANIZATIONS LIKE THE 4-H AND WASECA COUNTY FAIR.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$211K

-2.2% YoY

Annual Giving

$15K

-20.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$8K

-20.6% YoY

About Waseca Sleigh & Cutter Festival Inc

Based on IRS filings

Waseca Sleigh & Cutter Festival Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in WASECA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $211K in total assets. In 2024, it awarded 2 grants totaling $15K. Net investment income was $10K.

Focus Areas

Arts, Culture & Humanities

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $70K (100%)

States

Minnesota

Cities

WASECA

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$211,127	$215,842	$194,103
Revenue	$50,628	$63,502	$19,578
Expenses	$54,944	$43,098	$49,013
Qualifying Distributions	—	—	—
Net Investment Income	$10,379	$6,362	$-7,237
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

7 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Aspyn Acres Wildlife Rehab & Farm Sanctuary ($8,500), Waseca County Area Humane Society ($6,500).

Recipient	Purpose	Amount
WASECA COUNTY AREA HUMANE SOCIETY WASECA, MN	DONATIONS FOR BENEFIT OF THE COUNTY HUMANE SOCIETY.DONATIONS IN SUPPORT OF SPECIAL OLYMPICS.	$6,500
ASPYN ACRES WILDLIFE REHAB & FARM SANCTUARY WASECA, MN	DONATIONS IN SUPPORT OF LOCAL NONPROFIT.	$8,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KEN BORGMANN 6682 WAGES IN GAMB	PRESIDENT	8	—
SCOTT ROEMHILDT	VICE PRESIDENT	3	—
JOLENE GUNDERMANN	SECRETARY/TREASURER	2	—
SUSAN EBERLINE	DIRECTOR	3	—
JENNIFER BURT 16268 WAGES IN GAMB	DIRECTOR/GAMBLING MGR	15	—

Subject Areas

Focus areas based on grantmaking activity

Arts, Culture & Humanities

Frequently Asked Questions

What is Waseca Sleigh & Cutter Festival Inc?

Waseca Sleigh & Cutter Festival Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in WASECA, MN. It holds $211K in total assets as of 2024.

How large is Waseca Sleigh & Cutter Festival Inc?

As of 2024, Waseca Sleigh & Cutter Festival Inc holds $211K in total assets with $51K in annual revenue. It awarded 2 grants totaling $15K in 2024.

Where does Waseca Sleigh & Cutter Festival Inc operate?

Waseca Sleigh & Cutter Festival Inc has awarded grants in Minnesota.

What size grants does Waseca Sleigh & Cutter Festival Inc award?

In 2024, Waseca Sleigh & Cutter Festival Inc awarded 2 grants totaling $15K — an average of about $8K per grant, based on its IRS Form 990 filings.

What is Waseca Sleigh & Cutter Festival Inc's EIN?

Waseca Sleigh & Cutter Festival Inc's EIN (Employer Identification Number) is 41-1978942. IRS Form 990 filing data is available on this page for 2020–2024.