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Minnesota · Nonprofit

THE LOCALS INC

THE LOCALS INC (Minnesota) receives grants from 3 organizations whose IRS filings report $54,000 to it, the largest being STILLWATEROAK PARK HEIGHTS CONVENTION AND VISITORS BUREAU ($32,500). 1 of them have funded it in more than one year.

Revenue FY2023
$179k
Funders on record
3
Grants received
$54k
Net assets
$23k
1/3 repeat funderspeak grant-dependency 17%
01What it does

What The Locals Inc does

Mission

Organize and operate a local community event to raise funds to benefit the community.

As stated on its FY2023 Form 990.

Program

  1. The locals primary purpose is to organize the lumberjack days in stillwater, minnesota. The purpose of this event is to provide an engaging and ) educational event that welcomes families and community members to the birthplace of minnesota to enjoy and learn about the cultural heritage, historical charm, and local talent of our beloved river town. The event provides opportunities for individuals to engage with each other and corporate community members. Featured at the event atr family programming, k-9 demonstrations by local law enforcement, fire truck displays by the local fire department, a tug0o0war with the local fire fighters, live music, soap box derby, historically themed rooms designed to educate and promote the history of stillwaters lumberjack industry, and a community parade.

    $169,983 spent
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $169,983.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($174k) Expenses 100 ($167k) Net assets 100 ($25k)2020 Revenue 1 ($1k) Expenses 5 ($8k) Net assets 54 ($14k)2021 Revenue 0 ($367) Expenses 1 ($2k) Net assets 47 ($12k)2022 Revenue 87 ($152k) Expenses 84 ($140k) Net assets 92 ($23k)2023 Revenue 103 ($179k) Expenses 108 ($180k) Net assets 90 ($23k)
20192020202120222023
Revenue (103)Expenses (108)Net assets (90)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $13k to $28k (+121%).

$25k
$14k
$13k
$28k
$30k
20192020202120222023
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
ContributionsProgram revenueInvestmentOther

51% of THE LOCALS INC’s revenue is contributions — about as donation-reliant as the typical peer (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

$7k
’19
−$7k
’20
−$2k
’21
$12k
’22
−$622
’23
1.6
months of
reserve
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $2k → $30k.

From the IRS filings of THE LOCALS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE LOCALS INC leans on a few funders — its largest provides 60% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE LOCALS INC.

60%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2022 100% · 2023 67% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of THE LOCALS INC's grant income comes from Minnesota funders.

MN

In-state vs out-of-state, by year

’19
’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE LOCALS INC's funding base is broadening — from 1 funders to 2 as grant income climbed.

Operating margin−0% · below the median
Months of reserve1.6mo · bottom quartile
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 17,174 arts & culture nonprofits $100k–$1M, FY2023

Government funding THE LOCALS INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $908 on record.

State$908
19
20
21
22
23
24
Top programs
  • REFUNDS - GENERAL $908

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like THE LOCALS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

6
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

75%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for THE LOCALS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE LOCALS INC?
THE LOCALS INC (Minnesota) receives grants from 3 organizations whose IRS filings report $54,000 to it, the largest being STILLWATEROAK PARK HEIGHTS CONVENTION AND VISITORS BUREAU ($32,500). 1 of them have funded it in more than one year.
How many funders does THE LOCALS INC have?
IRS filings report 3 organizations giving $54,000 in grants to THE LOCALS INC, 1 of which have funded it in more than one year.
Who is the largest funder of THE LOCALS INC?
STILLWATEROAK PARK HEIGHTS CONVENTION AND VISITORS BUREAU is the largest funder on record, with $32,500 in grants. The full list of funders is on this page.
How can an organization like THE LOCALS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Locals →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2019–2023), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing