Overview
What is Thor Johnson Endowment Trust?
The Thor Johnson Endowment Trust is a substantial financial resource, currently holding over $5.3 million, situated in Ephraim, Wisconsin. Its primary mission is to offer operational grants to Peninsula Music Festival, Inc., a recognized 501(c)(3) organization. The trust's strategy, overseen by its trustees, emphasizes long-term stability rather than rapid growth, demonstrating a strategic approach that has yielded notable success. The trust's role is to financially support Peninsula Music Festival, Inc., serving as a crucial ally in its operations.
Official website here: www.musicfestival.com
Is Thor Johnson Endowment Trust legitimate?
Thor Johnson Endowment Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thor Johnson Endowment Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.musicfestival.com
What is the mission statement of Thor Johnson Endowment Trust?
The Thor Johnson Endowment Trust is committed to providing funds to Peninsula Music Festival, Inc., serving as a supporting organization under IRC Section 509(A)(3). The primary objective of the trust is to offer operational grants to this 501(C)(3) organization. Since its inception, the trust has grown significantly, surpassing $5.3 million in value. The trustees have implemented a strategic approach that prioritizes long-term stability over rapid growth, a strategy that has proven to be highly successful.
Official website here: www.musicfestival.com
Who is the CEO of Thor Johnson Endowment Trust?
William Miller is the President And Ceo of Thor Johnson Endowment Trust. The CEO's salary of Thor Johnson Endowment Trust is $0 and their total compensation is $83,700.
Official website here: www.musicfestival.com
What is the revenue of Thor Johnson Endowment Trust?
Thor Johnson Endowment Trust's revenue in 2022 was $940,660.
Official website here: www.musicfestival.com
Who are the executives of Thor Johnson Endowment Trust and what are their salaries?
There 4 volunteers at Thor Johnson Endowment Trust.
Here are 5 key members and their salaries (Thor Johnson Endowment Trust's CEO's salary is $0 and their total compensation is $83,700):
- Compensation: $0
- Related: $81,346
- Other: $2,354
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.musicfestival.com
Where can I find the form 990 for Thor Johnson Endowment Trust?
Thor Johnson Endowment Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.musicfestival.com
Learn more at the official website: www.musicfestival.com
Mission Statement of Thor Johnson Endowment Trust
The Thor Johnson Endowment Trust is committed to providing financial support to Peninsula Music Festival, Inc., serving as a contributing organization under IRC Section 509(A)(3). This trust's primary mission is to provide operational grants to Peninsula Music Festival, a recognized 501(C)(3) organization. Since its inception, the trust has grown in size, reaching over $5.3 million. The strategic approach adopted by the trustees emphasizes long-term stability instead of rapid growth, a decision that has proven to be highly successful. The endowment trust's mission is to ensure the continuity and success of Peninsula Music Festival, Inc., contributing to the cultural enrichment and artistic development of the community it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Thor Johnson Endowment Trust significantly impacts the Peninsula Music Festival by providing crucial operating grants that support its ongoing activities and programming. With a focus on long-term stability, the trust has amassed over $5.3 million since its inception, allowing it to consistently fund the festival and enhance its cultural offerings. This financial backing ensures that the Peninsula Music Festival can thrive, fostering a vibrant arts scene in Ephraim, Wisconsin, while also contributing to community engagement and the promotion of musical excellence. Through its strategic management and commitment to philanthropy, the Thor Johnson Endowment Trust plays an essential role in sustaining and elevating the festival's mission.
This information is meant to be a general summary of Thor Johnson Endowment Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $531,252
- Gross Receipts: $2,003,188
Assets and Liabilities:
- Total Assets: $5,516,864
- Total Liabilities: $0
- Net Assets: $5,516,864
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1993
Phone
(920) 854-4060Principal Officer
William Miller
Main Address
PO BOX 340, EPHRAIM, WI, 54211
Website
www.musicfestival.comNTEE Category
Code: T00 - Philanthropy
If you are a representative of Thor Johnson Endowment Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.