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EIN 23-7178929

Lake Minnetonka Sailing School

IRS 501(c) type
501(c)(3)
Num. employees
33
City
Excelsior
State
Minnesota
Year formed
1972
Most recent tax filings
2022-12-01
NTEE code, primary
N67: Swimming, Water Recreation
Description
Lake Minnetonka Sailing School offers a robust progression of sailing classes tailored to every student's age, ability, and experience level. The school organizes its programs into two main tracks: Recreational Sailing for beginners seeking a noncompetitive introduction to the sport, and LMSS Race Teams for more experienced sailors aiming to enhance their competitive skills. With over 800 students each summer, LMSS fosters confidence on the water, builds peer relationships, and cultivates a lifelong passion for sailing while emphasizing safety and affordability.
Total revenues
$480,912
2022
Total expenses
$526,319
2022
Total assets
$809,888
2022
Num. employees
33
2022

Program areas at Lake Minnetonka Sailing School

To provide public and private adult and youth Sailing instruction, education, programs, and competitions.

Who funds Lake Minnetonka Sailing School

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
William D Radichel FoundationCommunity$20,000
AmazonSmile FoundationGeneral Support$58

Personnel at Lake Minnetonka Sailing School

NameTitleCompensation
Annika EkholmDirector of Operations$41,199
Samuel BartelDirector of Racing and Operations
Ian SolumMiddle and High School Director$51,165
Clare LeeperDirector of Recreational Sailing and Administration
Max SigelCo - Head Coach - X Boat Race Team
...and 11 more key personnel

Financials for Lake Minnetonka Sailing School

RevenuesFYE 12/2022
Total grants, contributions, etc.$31,523
Program services$412,158
Investment income and dividends$12,670
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$6,979
Net income from fundraising events$16,561
Net income from gaming activities$0
Net income from sales of inventory$1,021
Miscellaneous revenues$0
Total revenues$480,912

Form 990s for Lake Minnetonka Sailing School

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-08-08990View PDF
2020-122021-06-01990View PDF
2019-122020-09-25990View PDF
2018-122019-10-12990View PDF
...and 9 more Form 990s

Organizations like Lake Minnetonka Sailing School

OrganizationLocationRevenue
TIDE SwimmingVirginia Beach, VA$1,662,204
Winchester Swim TeamWinchester, VA$220,485
South Snohomish County DolphinsMukilteo, WA$357,047
Sarasota Youth SailingSarasota, FL$502,124
Tigard-Tualatin Swim ClubTigard, OR$318,110
Bend Swim ClubBend, OR$663,474
Watertown Area Swim ClubWatertown, SD$272,064
Youth Sailing VirginiaHampton, VA$212,196
Sailing Education Association of Sheboygan (SEAS)Sheboygan, WI$1,110,629
Utica Shelby Swim ClubShelby TWP, MI$679,083
Data update history
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $20,000 from William D Radichel Foundation
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Updated personnel
Identified 1 new personnel
December 23, 2023
Used new vendors
Identified 1 new vendor, including
November 24, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Amateur sports clubsSports organizationsCharities
Issues
Human servicesSports
Characteristics
Fundraising eventsState / local levelTax deductible donationsAccepts online donations
General information
Address
19802 Minnetonka Blvd
Excelsior, MN 55331
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
lmss.us/ 
Phone
(952) 404-1645
IRS details
EIN
23-7178929
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1972
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N67: Swimming, Water Recreation
NAICS code, primary
713990: Amateur Sports, Youth Sports, and Recreational Services
Parent/child status
Independent
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