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Midwest Showmen's Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411875182 ✦ St paul, MN ✦ Designated as a 501(c)(3)

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Overview

What is Midwest Showmen's Foundation?

The Midwest Showmen's Foundation, based in St. Paul, Minnesota, is a nonprofit organization that prioritizes education and charity. Their primary mission is to foster understanding of the amusement industry, while also providing financial aid in the form of scholarships to students pursuing post-secondary education. By offering these scholarships, they contribute to the intellectual growth of individuals and potentially shape future leaders in the amusement sector. The Foundation's activities and mission align with the promotion of education and the amusement industry, thereby enriching both fields.


Official website here: www.midwest-showmens-association.com/fo...

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars

The Midwest Showmen's Foundation has received a one-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices, reflected in an overall score of 55%. While the organization has a fully independent board, which scores well in certain governance aspects, it falls short in critical areas such as conflict of interest and whistleblower policies, both scoring zero out of seven points.

In terms of financial management, the foundation's program expense ratio is notably low, scoring only 4 out of 25, raising questions about the allocation of funds towards its charitable activities. Although it maintains a favorable liabilities to assets ratio, the lack of transparency in its reporting, such as failing to post tax forms on its website, further diminishes its standing.

Overall, while the Midwest Showmen's Foundation has some strengths in governance structure, the significant deficiencies in fiscal transparency and accountability are concerning and may hinder public trust and support for the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Midwest Showmen's Foundation legitimate?

Midwest Showmen's Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midwest Showmen's Foundation 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.midwest-showmens-association.com/fo...

What is the mission statement of Midwest Showmen's Foundation?

The Midwest Showmen's Foundation is dedicated to an educational and charitable mission, primarily aimed at fostering understanding of the amusement industry. One of its key objectives is to provide scholarships for students pursuing post-secondary education. By offering financial aid, the foundation aims to support the future leaders and innovators in this industry, thereby promoting its growth and development. The foundation's activities are geared towards increasing public awareness and appreciation for the amusement industry, thereby contributing to its overall success.


Official website here: www.midwest-showmens-association.com/fo...

Who is the CEO of Midwest Showmen's Foundation?

Matt Ribar is the President of Midwest Showmen's Foundation.


Official website here: www.midwest-showmens-association.com/fo...

What is the revenue of Midwest Showmen's Foundation?

Midwest Showmen's Foundation's revenue in 2022 was $36,595.


Official website here: www.midwest-showmens-association.com/fo...

Who are the executives of Midwest Showmen's Foundation and what are their salaries?


Here are 11 key members and their salaries:


Mike Ahlers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Arendts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timmy Bessette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Erasmus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Gass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Gohr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Ribar (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Toulelle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Wandersee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Wunderlich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.midwest-showmens-association.com/fo...

Where can I find the form 990 for Midwest Showmen's Foundation?

Midwest Showmen's Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.midwest-showmens-association.com/fo...

Learn more at the official website: www.midwest-showmens-association.com/fo...

Mission Statement of Midwest Showmen's Foundation

The Midwest Showmen's Foundation, as a nonprofit organization, is committed to two primary objectives. Firstly, it aims to foster an educational and charitable understanding of the amusement industry. Secondly, it strives to promote awareness and comprehension of this sector. In pursuit of these goals, the Midwest Showmen's Foundation provides scholarships to students who are pursuing post-secondary education. By offering financial assistance, the foundation empowers individuals to gain a deeper understanding of the amusement industry, thereby contributing to its future development and growth.

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Impact




August, 2024

Midwest Showmen's Foundation's impact lies in providing scholarships to students attending post-secondary education, with a focus on promoting understanding of the amusement industry. This support enables individuals to pursue their academic goals and contributes to the growth and development of the next generation of industry professionals.




This information is meant to be a general summary of Midwest Showmen's Foundation. 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.

Revenue
$36,595 (2022)
Expenses
$24,888 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,990
  • Gross Receipts: $94,287

Assets and Liabilities:

  • Total Assets: $537,536
  • Total Liabilities: $0
  • Net Assets: $537,536

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Organization Details

Principal Officer

Matt Ribar

Main Address

979 BURNS AVENUE, ST PAUL, MN, 55106

NTEE Category

Code: B82 - Education

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