Nonprofit · EIN 41-1311328
LAKE CITY MUSIC BOOSTERS
Tax-exempt · LAKE CITY, MN 55041
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $99,309 | $60,925 | $38,384 | $154,910 | $0 | $154,910 |
| July 31, 2024 | 990 | $82,724 | $50,946 | $31,778 | $116,526 | $0 | $116,526 |
| July 31, 2023 | 990 | $102,074 | $98,527 | $3,547 | $84,748 | $0 | $84,748 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $24,695
- Program service revenue
- $33,111
- Investment income
- $3,362
- Net income from fundraising events
- $38,141
- Other revenue
- $38,141
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $710
- Program services (functional)
- $60,925
Balance sheet and other
- Total assets, start of year
- $116,526
- Total assets, end of year
- $154,910
- Total liabilities, end of year
- $0
- Net assets, end of year
- $154,910
- Net assets without donor restrictions
- $154,910
- Gross receipts
- $138,357
- Employees
- 0
- Year formed
- 2008
- 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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BECKY LAQUA | PRESIDENT Trustee or director, Officer | 2 | $0 |
| BECCA WIEST | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| VERONICA MICKELSON | SECRETARY Trustee or director, Officer | 2 | $0 |
| MEGAN AHRENS | TREASURER Trustee or director, Officer | 2 | $0 |
990 for the year ended July 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BECKY LAQUA | PRESIDENT Trustee or director, Officer | 2 | $0 |
| BECCA WIEST | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| VERONICA MICKELSON | SECRETARY Trustee or director, Officer | 2 | $0 |
| MEGAN AHRENS | TREASURER Trustee or director, Officer | 2 | $0 |
990 for the year ended July 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BECKY LAQUA | PRESIDENT Trustee or director, Officer | 2 | $0 |
| BECCA WIEST | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| TERI SHONES | SECRETARY Trustee or director, Officer | 2 | $0 |
| TAMI ENDER | TREASURER Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 26, LAKE CITY, MN 55041-0026
- In care of
- % MARK PRENGER
- Principal officer (990 for 2024)
- MEGAN AHRENS, 300 S GARDEN ST, LAKE CITY, MN 55041
- Signed the 990
- MEGAN AHRENS, TREASURER
- Phone
- (651) 983-0377
- Return prepared by
- LA Anderson CPA
Mission
Encourage and support an enthusiastic interest in the Music Department of Independent School District 813.
Program accomplishments
- Provided assistance to High School Music Department. Paid for musical equipment, entry fees and travel expenses. Approximately 150 High School students involved.Expenses $52,475
- Scholarships provided to graduating High School students. 5 individuals involved.Expenses $8,450
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 July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 41-1311328
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $154,910
- Income (IRS master file)
- $138,357
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $99,309 | $60,925 | $154,910 | XML |
| 990 | July 2024 | $82,724 | $50,946 | $116,526 | XML |
| 990 | July 2023 | $102,074 | $98,527 | $84,748 | XML |
| 990 | July 2022 | – | – | – | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2019 | – | – | – | 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 41-1311328).
Questions about LAKE CITY MUSIC BOOSTERS
- What is the EIN of LAKE CITY MUSIC BOOSTERS?
- The employer identification number (EIN) of LAKE CITY MUSIC BOOSTERS is 41-1311328.
- Is LAKE CITY MUSIC BOOSTERS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to LAKE CITY MUSIC BOOSTERS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE CITY MUSIC BOOSTERS 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 LAKE CITY MUSIC BOOSTERS due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE CITY MUSIC BOOSTERS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of LAKE CITY MUSIC BOOSTERS?
- The 990 for the year ended July 31, 2025 names MEGAN AHRENS.
- Who are the officers and directors of LAKE CITY MUSIC BOOSTERS?
- The 990 for the year ended July 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does LAKE CITY MUSIC BOOSTERS have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $99,309, expenses of $60,925 and total assets of $154,910 at year end.
Other nonprofits in LAKE CITY
- LAKE CITY EDUCATION FOUNDATION EIN 41-1955601 · last filed 990 for 2025
- DESTINATION LAKE CITY INC EIN 47-3978787 · last filed 990-N for 2025
- FRIENDS OF THE LAKE CITY PUBLIC LIBRARY EIN 41-1861270 · last filed 990-N for 2025
- VETERANS OF FOREIGN WARS DEPT OF MINNESOTA EIN 41-0784007 · last filed 990 for 2024
- LAKE CITY CHAMBER OF COMMERCE EIN 41-0823887 · last filed 990 for 2025
- GREATER LAKE CITY COMMUNITY FOUNDATION EIN 45-5337894 · last filed 990 for 2025
- LAKE CITY FOOD SHELF INC EIN 41-1430175 · last filed 990-EZ for 2025
- LAKE CITY FIRE DEPARTMENT RELIEF ASSOCIATION EIN 51-0187626 · last filed 990 for 2024