Waseca Sleigh & Cutter Festival Inc
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.
Waseca Sleigh & Cutter Festival Inc at a glance
In short: Waseca Sleigh & Cutter Festival Inc gave $18K across 2 grants in 2025 (avg $9K), mostly in Minnesota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $17,800
- +18.7% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $8,900
- +18.7% vs 2024
- Median grant
- $8,900
- Total assets
- $225,895
- +7.0% vs 2024
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Waseca Sleigh & Cutter Festival Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Waseca Arts Council Inc ($13K). Together the top 2 received $18K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Waseca Sleigh & Cutter Festival Inc gives
- Giving fell 60% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $15K (2024) to $45K (2022). In 2025 it made 2 grants totaling $18K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Waseca Arts Council Inc Waseca, MN | Donations in Support of Local Nonprofit. | $12,500 |
| Special Olympics Minnesota Minneapolis, MN | Donations in Support of Special Olympics. | $5,300 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $225,895 | $111,401 | $96,365 | $17,800 | 2 | $12,787 |
| 2024 | $211,127 | $50,628 | $54,944 | $15,000 | 2 | $10,379 |
| 2023 | $215,842 | $63,502 | $43,098 | $18,900 | 2 | $6,362 |
| 2022 | $194,103 | $19,578 | $49,013 | $44,698 | 3 | $-7,237 |
| 2021 | $224,017 | $103,239 | $43,307 | — | — | $16,600 |
| 2020 | $163,370 | $25,889 | $36,168 | — | — | $3,189 |
About Waseca Sleigh & Cutter Festival Inc
Based on IRS filings
Waseca Sleigh & Cutter Festival Inc is a public charity focused on Arts, Culture & Humanities, based in Waseca, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $226K in total assets. In 2025, it awarded 2 grants totaling $18K. Net investment income was $13K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Waseca Sleigh & Cutter Festival Inc is led by Ken Borgmann, President on every filing since 2020; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ken Borgmann
President
On filings since 2020
8 hrs/week
No compensation reported
Susan Eberline
Director
On filings since 2020
2 hrs/week
No compensation reported
Jennifer Burt
Director & Gambling Manager
On filings since 2024
15 hrs/week
No compensation reported
Jolene Gundermann
Secretary & Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Scott Roemhildt
Vice President
On filings since 2020
2 hrs/week
No compensation reported
Former officers (2)
- Former: Jen Burt (2020) — Director
- Former: Scott Eberline (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Waseca Sleigh & Cutter Festival Inc
How much does Waseca Sleigh & Cutter Festival Inc give each year?
Waseca Sleigh & Cutter Festival Inc gave $18K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $15K across 2 grants.
How large is Waseca Sleigh & Cutter Festival Inc?
Waseca Sleigh & Cutter Festival Inc reported $226K in total assets on its 2025 IRS Form 990. Its revenue that year was $111K.
What is Waseca Sleigh & Cutter Festival Inc?
Waseca Sleigh & Cutter Festival Inc is a public charity focused on Arts, Culture & Humanities, based in Waseca, MN. It holds $226K in total assets as of 2025.
Where does Waseca Sleigh & Cutter Festival Inc operate?
Waseca Sleigh & Cutter Festival Inc has awarded grants in Minnesota.
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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