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Nonprofiteer
← GRANDMAS MARATHON DULUTH INC

Form 990 for tax year 2023

Filed by GRANDMAS MARATHON DULUTH INC.

Totals

Total revenue
$3,790,299
Total expenses
$3,733,218
Contributions and grants received
$369,869
Grants paid
$74,350
Program service revenue
$3,123,487
Investment income
$96,386
Other revenue
$200,557
Total assets, end of year
$4,763,800
Total liabilities, end of year
$165,910
Net assets or fund balances, end of year
$4,597,890
Program services expenses (Part IX)
$3,039,411
Management and general expenses
$657,620
Fundraising expenses
$36,187
Program service expenses (Part III)
$3,039,411

Program services were 81.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $63,618

  • 1f · All other contributions, gifts and grants

    $306,251

  • 1g · Noncash contributions included above

    $211,145

  • 2a · Program service revenue: MARATHON REGISTRATIONS

    total $1,230,986 · related or exempt $1,230,986

  • 2b · Program service revenue: HALF MARATHON REGIST.

    total $1,066,404 · related or exempt $1,066,404

  • 2c · Program service revenue: SPONSORSHIP REVENUE

    total $524,410 · related or exempt $524,410

  • 2d · Program service revenue: 5K REGISTRATIONS

    total $116,900 · related or exempt $116,900

  • 2e · Program service revenue: HEALTH AND FITNESS EXP

    total $75,079 · related or exempt $75,079

  • 2f · All other program service revenue

    total $109,708 · related or exempt $109,708

  • 3 · Investment income

    total $96,386 · excluded $96,386

  • 8a · Fundraising events: gross income

    $117,489

  • 8a · Fundraising events: contributions included on line 1c

    $63,618

  • 8b · Fundraising events: direct expenses

    $185,085

  • 8c · Net income from fundraising events

    total -$67,596 · excluded -$67,596

  • 10a · Gross sales of inventory

    $282,395

  • 10b · Cost of goods sold

    $24,369

  • 10c · Net income from sales of inventory

    total $258,026 · related or exempt $258,026

  • 11a · Other revenue: EXPRESS MAIL

    total $6,227 · excluded $6,227

  • 11d · All other revenue

    total $3,900 · excluded $3,900

  • 11e · Other revenue, total

    $10,127

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $42,923 · program services $42,923

  • 2 · Grants to domestic individuals

    total $31,427 · program services $31,427

  • 5 · Compensation of officers, directors and key employees

    total $150,988 · program services $67,944 · management and general $75,494 · fundraising $7,550

  • 7 · Other salaries and wages

    total $539,115 · program services $421,787 · management and general $95,293 · fundraising $22,035

  • 8 · Pension plan contributions

    total $26,111 · program services $20,485 · management and general $4,561 · fundraising $1,065

  • 9 · Other employee benefits

    total $76,971 · program services $57,553 · management and general $16,199 · fundraising $3,219

  • 10 · Payroll taxes

    total $54,280 · program services $38,854 · management and general $13,108 · fundraising $2,318

  • 11c · Fees: accounting

    total $73,573 · management and general $73,573

  • 11f · Fees: investment management

    total $3,209 · management and general $3,209

  • 11g · Fees: other

    total $2,647 · management and general $2,647

  • 12 · Advertising and promotion

    total $159,670 · program services $159,670

  • 13 · Office expenses

    total $150,758 · program services $46,575 · management and general $104,183

  • 16 · Occupancy

    total $57,987 · management and general $57,987

  • 19 · Conferences, conventions and meetings

    total $60,322 · management and general $60,322

  • 20 · Interest

    total $6,464 · management and general $6,464

  • 22 · Depreciation, depletion and amortization

    total $64,551 · program services $10,974 · management and general $53,577

  • 23 · Insurance

    total $91,003 · management and general $91,003

  • 24a · Other expenses: FINISHER T-SHIRTS, ETC

    total $492,329 · program services $492,329

  • 24b · Other expenses: RACE COURSE & SUPPLIES

    total $368,314 · program services $368,314

  • 24c · Other expenses: RUNNER EXPENSES

    total $287,996 · program services $287,996

  • 24d · Other expenses: SPONSOR AND VOLUNTEER

    total $243,115 · program services $243,115

  • 24e · All other expenses

    total $749,465 · program services $749,465

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $113,715 · end of year $84,472

  • 2 · Savings and temporary cash investments

    beginning of year $2,759,167 · end of year $2,824,590

  • 4 · Accounts receivable

    beginning of year $8,279 · end of year $47,580

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $48,313

  • 9 · Prepaid expenses and deferred charges

    beginning of year $34,507 · end of year $234

  • 10a · Land, buildings and equipment: cost or other basis

    $1,672,712

  • 10b · Land, buildings and equipment: accumulated depreciation

    $769,747

  • 10c · Land, buildings and equipment, net

    beginning of year $943,493 · end of year $902,965

  • 11 · Investments: publicly traded securities

    beginning of year $751,130 · end of year $855,646

  • 17 · Accounts payable and accrued expenses

    beginning of year $96,346 · end of year $119,321

  • 19 · Deferred revenue

    beginning of year $10,267 · end of year $20,680

  • 23 · Secured mortgages and notes payable

    beginning of year $97,771 · end of year $16,821

  • 25 · Other liabilities

    beginning of year $9,088 · end of year $9,088

  • 27 · Net assets without donor restrictions

    beginning of year $4,255,350 · end of year $4,456,421

  • 28 · Net assets with donor restrictions

    beginning of year $141,469 · end of year $141,469

Mission and programs · 2023

Mission

WE CREATE EXPERIENCES THAT INSPIRE PERSONAL ACHIEVEMENT AND CHAMPION HEALTHY COMMUNITIES.

  • FULL MARATHON - REGISTERED 9,941 RUNNERS

    Expenses $2,053,059 · Revenue $1,789,671

  • HALF MARATHON - REGISTERED 9,596 RUNNERS

    Expenses $520,302 · Revenue $1,219,652

  • YOUNG ATHLETES WERE PROVIDED WITH UNIFORMS, SPORTS EQUIPMENT, AND SCHOLARSHIPS VIA GRANTS TOTALING $38,421. ANOTHER $31,427 WAS PROVIDED FOR TRACK/CROSS COUNTRY SHOE PROGRAM.

    Expenses $258,792 · Grants $74,350 · Revenue $74,160

  • OTHER RACES:WILLIAM A. IRVIN 5K - 2,852 RUNNERS REGISTEREDSUPERIOR NIGHTMARE 5K - 711 RUNNERS REGISTEREDMINNESOTA MILE - 600 RUNNERS REGISTEREDFITGER'S 5K - 1,135 RUNNERS REGISTEREDST. FENNESSEY 4K - 846 RUNNERS REGISTEREDPART POINT 5-MILER - 754 RUNNERS REGISTEREDKP CHALLENGE - 200 RUNNERS REGISTERED

    Expenses $207,258 · Revenue $298,030

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kristi Schmidt

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Wing Chan

    BOARD VICE CHAIR, TREASURER

    Total calculated
    $0
    Hours/week
    1.5

  • Cole Martin

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Ross Fremont

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Amanda Goodman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Laura Gubelmann

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • John Hartwick

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Laura Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Katherine McLellan MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Emily Opacich

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kala Pederson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dave Pipho MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Louis St George

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Thomas Stanley

    BOARD PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Ron Tinsley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Joe Wicklund

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Shane Bauer

    EXECUTIVE DIRECTOR

    Total calculated
    $145,970
    From this org
    $129,982
    From related orgs
    $0
    Other
    $15,988
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
30 July 2025
IRS schema version
2023v6.0
Source object
202502119349301650

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