Nonprofit · EIN 42-1075385
CEDAR FALLS BAND INC
Tax-exempt · CEDAR FALLS, IA 50613
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $123,132 | $92,406 | $30,726 | $1,333,905 | $0 | $1,333,905 |
| December 31, 2023 | 990 | $112,200 | $71,201 | $40,999 | $1,303,179 | $0 | $1,303,179 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $47,998
- of which government grants
- $26,571
- Program service revenue
- $0
- Investment income
- $81,210
- Net rental income
- -$6,106
- Net gain from sales of assets
- $49,222
- Other revenue
- -$6,076
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $10,000
- Salaries, compensation and benefits (total)
- $10,000
- Professional fundraising fees
- $0
- Accounting fees
- $1,300
- Program services (functional)
- $92,406
Balance sheet and other
- Total assets, start of year
- $1,303,179
- Total assets, end of year
- $1,333,905
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,333,905
- Land, buildings and equipment
- $14,696
- Publicly traded securities
- $1,240,733
- Gross receipts
- $248,147
- Employees
- 0
- Year formed
- 1916
- State of legal domicile
- IA
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 |
|---|---|---|---|
| KELLY MCCORMICK | SECRETARY Trustee or director, Officer | 1 | $3,260 |
| BARRY DVORAK | VICE PRESIDE Trustee or director, Officer | 1 | $1,696 |
| DONALD RASMUSSON | TREASURER & Trustee or director, Officer | 1 | $1,130 |
| MARK WELTY | BLDG. TRUSTE Trustee or director | 1 | $880 |
| JUDY LARKIN | PRESIDENT Trustee or director, Officer | 1 | $760 |
| LARY ANDERSON | BLDG. TRUSTE Trustee or director | 1 | $680 |
| DENNIS DOWNS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARRY DVORAK | VICE PRESIDE Trustee or director, Officer | 3 | $1,450 |
| KELLY MCCORMICK | SECRETARY Trustee or director, Officer | 10 | $910 |
| DONALD RASMUSSON | TREASURER & Trustee or director, Officer | 4 | $780 |
| MARK WELTY | BLDG. TRUSTE Trustee or director | 3 | $630 |
| LARY ANDERSON | BLDG. TRUSTE Trustee or director | 3 | $0 |
| DENNIS DOWNS | DIRECTOR Trustee or director | 4 | $0 |
| JUDY LARKIN | PRESIDENT Trustee or director, Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 9716 UNIVERSITY AVE, CEDAR FALLS, IA 50613-9155
- In care of
- % MARK WELTY
- Principal officer (990 for 2024)
- DONALD RASMUSSON, 1204 WASHINGTON ST, CEDAR FALLS, IA 50613
- Signed the 990
- DONALD RASMUSSON, TREASURER & STAGING
- Website
- WWW.CEDARNET.ORG/CFBAND
- Return prepared by
- CARNEY ALEXANDER MAROLD & CO LLP
Mission
TO PERFORM FREE BAND MUSIC PROGRAMS FOR THE CITIZENS OF THE CEDAR VALLEY.
Program accomplishments
- EVERY TUESDAY NIGHT DURING JUNE AND JULY THE CF MUNICIPAL BAND PERFORMS IN THE BAND SHELL IN OVERMAN PARK, WHICH IS THE TOWN SQUARE OF CEDAR FALLS. THE BAND CONCERTS ARE FREE AND VERY POPULAR. ATTENDANCE NUMBERS ARE USUALLY IN THE HUNDREDS. THE BAND ALSO PERFORMS AT MANY SPECIAL FUNCTIONS SUCH AS STURGIS FALLS, THE ANNUAL CELEBRATION WHICH ATTRACTS THOUSANDS.Expenses $92,406 · revenue $47,998
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
- 42-1075385
- 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
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A6C)
- Assets (IRS master file)
- $1,333,905
- Income (IRS master file)
- $248,147
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $123,132 | $92,406 | $1,333,905 | XML |
| 990 | December 2023 | $112,200 | $71,201 | $1,303,179 | XML |
| 990 | December 2022 | $128,484 | $62,375 | $1,262,180 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | 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 42-1075385).
Questions about CEDAR FALLS BAND INC
- What is the EIN of CEDAR FALLS BAND INC?
- The employer identification number (EIN) of CEDAR FALLS BAND INC is 42-1075385.
- Is CEDAR FALLS BAND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to CEDAR FALLS BAND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CEDAR FALLS BAND INC 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 CEDAR FALLS BAND INC 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 CEDAR FALLS BAND INC 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 CEDAR FALLS BAND INC?
- The 990 for the year ended December 31, 2024 names DONALD RASMUSSON.
- Who are the officers and directors of CEDAR FALLS BAND INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 6 received compensation from the organization, the highest $3,260 (KELLY MCCORMICK, SECRETARY).
- How much revenue does CEDAR FALLS BAND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $123,132, expenses of $92,406 and total assets of $1,333,905 at year end.
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