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Minnesota · Nonprofit

WASECA SLEIGH & CUTTER FESTIVAL INC

WASECA SLEIGH & CUTTER FESTIVAL INC (Minnesota) receives grants from 1 organization whose IRS filings report $9,900 to it, the largest being MINNESOTA COMMUNITY FOUNDATION ($9,900). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$111k
Funders on record
1
Grants received
$10k
Net assets
$225k
0/1 repeat funderspeak grant-dependency 23%
01What it does

What Waseca Sleigh & Cutter Festival Inc does

Mission

To sponsor and conduct the holding of what is now known as the waseca sleigh & cutter festival for the purpose of stimulating civic interests and participation in the outdoor activities and winter sports available to and in the community of waseca, and to do any and all acts necessary and incidental to accomplish the purpose of this organization. Further, the association shall provide scholarships to area schools and to the miss waseca sleigh & cutter. Another goal is to provide funding to local organizations like the 4-h and waseca county fair.

As stated on its FY2025 Form 990.

Programs

  1. Sleigh & cutter festival to initiate & stimulate interest and participation in a winter festival. Events serve area youth & adults. Activities include hockey, ice fishing, ice harvest, indoor & outdoor sporting events and other contests. Over 10,000 people attended.

    $86,935 spent$9,200 earned by the program
    91% of program spending
  2. Miss waseca sleigh & cutter is a scholarship program. The pageant is open to young women from the waseca area. All contestants receive scholarship money. The winner qualifies to compete in the miss minnesota pageant. Approximately 20 contestants each year. Other donations and scholarships to locals in the amount of $162,023 is included in lawful gambling expenditures.

    $7,500 spentof which $17,800 as grants
    8% of program spending
  3. Children's dream catcher program provides a wish or dream for a family who has a terminally ill child in the waseca area.

    $730 spent
    1% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $95,165.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($50k) Expenses 100 ($28k) Net assets 100 ($149k)2018 Revenue 86 ($43k) Expenses 146 ($41k) Net assets 101 ($151k)2019 Revenue 115 ($58k) Expenses 127 ($35k) Net assets 117 ($174k)2020 Revenue 52 ($26k) Expenses 130 ($36k) Net assets 110 ($163k)2021 Revenue 206 ($103k) Expenses 155 ($43k) Net assets 150 ($223k)2022 Revenue 39 ($20k) Expenses 176 ($49k) Net assets 130 ($194k)2023 Revenue 126 ($64k) Expenses 155 ($43k) Net assets 144 ($214k)2024 Revenue 101 ($51k) Expenses 197 ($55k) Net assets 141 ($210k)2025 Revenue 222 ($111k) Expenses 346 ($96k) Net assets 151 ($225k)
'17'18'19'20'21'22'23'24'25
Revenue (222)Expenses (346)Net assets (151)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 2020 to 2021, from $163k to $224k (+37%).

$149k
$151k
$174k
$163k
$224k
$194k
$216k
$211k
$226k
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

72% of WASECA SLEIGH & CUTTER FESTIVAL INC’s revenue is contributions — more donation-reliant than 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 9 reported years ran a deficit.

$22k
’17
$2k
’18
$23k
’19
−$10k
’20
$60k
’21
−$29k
’22
$20k
’23
−$4k
’24
$15k
’25
28
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed555544455
Joined·+2+1+1+0+0+0+1+0
No longer listed·21110000
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'18
total
funders
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of WASECA SLEIGH & CUTTER FESTIVAL 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.

Where its funders are

100% of WASECA SLEIGH & CUTTER FESTIVAL INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

WASECA SLEIGH & CUTTER FESTIVAL INC holds deeper cash reserves than three-quarters of the 11,634 arts & culture nonprofits its size.

Operating margin13% · above the median
Months of reserve28.1mo · top quartile
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Organizations like WASECA SLEIGH & CUTTER FESTIVAL 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

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

5
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

74%

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 WASECA SLEIGH & CUTTER FESTIVAL 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 WASECA SLEIGH & CUTTER FESTIVAL INC?
WASECA SLEIGH & CUTTER FESTIVAL INC (Minnesota) receives grants from 1 organization whose IRS filings report $9,900 to it, the largest being MINNESOTA COMMUNITY FOUNDATION ($9,900). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does WASECA SLEIGH & CUTTER FESTIVAL INC have?
IRS filings report 1 organization giving $9,900 in grants to WASECA SLEIGH & CUTTER FESTIVAL INC.
Who is the largest funder of WASECA SLEIGH & CUTTER FESTIVAL INC?
MINNESOTA COMMUNITY FOUNDATION is the largest funder on record, with $9,900 in grants. The full list of funders is on this page.
How can an organization like WASECA SLEIGH & CUTTER FESTIVAL 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 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