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United States Cutting Tool Institute

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$607k (2024)

Expenses
$550k (2024)

Total Assets
$1.06M (2024)

Total Liabilities
$120k (2024)

Source: Form 990 tax filings from 2010 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$606,822
Expenses
$549,696
Net Income
$57,126
Net Assets
$937,696
Notable Sources of Revenue Percent of Total Revenue
Contributions $371,795
61.3%
Program Services $210,134
34.6%
Investment Income $24,893
4.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,057,448
Total Liabilities $119,752
Net Assets $937,696
Compensation
Key Employees and Officers Compensation Related Other
Peter Bartos (Director) $0 $0 $0
Steve Boyer (President) $0 $0 $0
Jeff Cederstrom (Director) $0 $0 $0
Scott Golden (Director) $0 $0 $0
Jeffrey Lawson (Director) $0 $0 $0
Mike Macarthur (Director) $0 $0 $0
Jeff Major (Immediate Past President) $0 $0 $0
Mark Mullen (Director) $0 $0 $0
Mike Stokey (Senior Vice President) $0 $0 $0
Mathieu Tapp (Director) $0 $0 $0
Don Tripler (Director) $0 $0 $0
Brent Williams (Vice President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$722,488
Expenses
$684,759
Net Income
$37,729
Net Assets
$880,570
Notable Sources of Revenue Percent of Total Revenue
Contributions $387,897
53.7%
Program Services $319,842
44.3%
Investment Income $14,749
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,008,462
Total Liabilities $127,892
Net Assets $880,570
Compensation
Key Employees and Officers Compensation Related Other
Peter Bartos (Director) $0 $0 $0
Steve Boyer (Senior Vice President) $0 $0 $0
Jeff Cederstrom (Director) $0 $0 $0
Jeffrey Lawson (Director) $0 $0 $0
Jeff Major (President) $0 $0 $0
Rick Mcintrye (Director) $0 $0 $0
Mark Mullen (Director) $0 $0 $0
Brian Norris (Director) $0 $0 $0
Mike Stokey (Vice President) $0 $0 $0
Mathieu Tapp (Director) $0 $0 $0
Bret Tayne (Director, Immediate Past P) $0 $0 $0
Don Tripler (Director) $0 $0 $0
Brent Williams (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$710,562
Expenses
$671,701
Net Income
$38,861
Net Assets
$842,841
Notable Sources of Revenue Percent of Total Revenue
Contributions $383,520
54.0%
Program Services $327,034
46.0%
Investment Income $8
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,060,008
Total Liabilities $217,167
Net Assets $842,841
Compensation
Key Employees and Officers Compensation Related Other
Peter Bartos (Director) $0 $0 $0
Steve Boyer (Senior Vice President) $0 $0 $0
Jeff Cederstrom (Director) $0 $0 $0
Jeffrey Lawson (Director) $0 $0 $0
Jeff Major (President) $0 $0 $0
Rick Mcintrye (Director) $0 $0 $0
Mark Mullen (Director) $0 $0 $0
Brian Norris (Director) $0 $0 $0
Mike Stokey (Vice President) $0 $0 $0
Mathieu Tapp (Director) $0 $0 $0
Bret Tayne (Director, Immediate Past P) $0 $0 $0
Don Tripler (Director) $0 $0 $0
Brent Williams (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$559,107
Expenses
$594,254
Net Income
-$35,147
Net Assets
$804,263
Notable Sources of Revenue Percent of Total Revenue
Contributions $349,196
62.5%
Program Services $209,623
37.5%
Investment Income $288
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $965,265
Total Liabilities $161,002
Net Assets $804,263
Compensation
Key Employees and Officers Compensation Related Other
Peter Bartos (Director) $0 $0 $0
Steve Boyer (Senior Vice President) $0 $0 $0
Jeff Cederstrom (Director) $0 $0 $0
Jeffrey Lawson (Director) $0 $0 $0
Jeff Major (President) $0 $0 $0
Rick Mcintrye (Director) $0 $0 $0
Mark Mullen (Director) $0 $0 $0
Brian Norris (Director) $0 $0 $0
Mike Stokey (Vice President) $0 $0 $0
Mathieu Tapp (Director) $0 $0 $0
Bret Tayne (Director, Immediate Past President) $0 $0 $0
Don Tripler (Director) $0 $0 $0
Brent Williams (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$458,692
Expenses
$354,315
Net Income
$104,377
Net Assets
$839,591
Notable Sources of Revenue Percent of Total Revenue
Contributions $381,154
83.1%
Program Services $75,167
16.4%
Investment Income $2,371
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $943,701
Total Liabilities $104,110
Net Assets $839,591
Compensation
Key Employees and Officers Compensation Related Other
Peter Bartos (Director) $0 $0 $0
Steve Boyer (Director) $0 $0 $0
Jeff Cederstrom (Director) $0 $0 $0
Johan Israelsson (Vice President) $0 $0 $0
Phil Kurtz (Immediate Past President) $0 $0 $0
Jeffrey Lawson (Director) $0 $0 $0
Jeff Major (Senior Vice President) $0 $0 $0
Rick Mcintrye (Director) $0 $0 $0
Mark Mullen (Director) $0 $0 $0
Brian Norris (Director) $0 $0 $0
Mike Stokey (Director) $0 $0 $0
Bret Tayne (Director, President) $0 $0 $0
Don Tripler (Director) $0 $0 $0
Brent Williams (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$669,109
Expenses
$601,771
Net Income
$67,338
Net Assets
$735,604
Notable Sources of Revenue Percent of Total Revenue
Contributions $413,971
61.9%
Program Services $253,688
37.9%
Investment Income $1,450
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $801,262
Total Liabilities $65,658
Net Assets $735,604
Compensation
Key Employees and Officers Compensation Related Other
Mike Stokey (Director) $0 $0 $0
Steve Stokey (Director,Immediate Past President) $0 $0 $0
Steve Boyer (Director) $0 $0 $0
Don Tripler (Director) $0 $0 $0
Bret Tayne (Director, Senior Vice President) $0 $0 $0
Jeff Major (Director) $0 $0 $0
Phil Kurtz (President) $0 $0 $0
Michael Grantham (Director, Vice President) $0 $0 $0
Johan Israelsson (Director) $0 $0 $0
Brent Williams (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$710,962
Expenses
$613,622
Net Income
$97,340
Net Assets
$669,001
Notable Sources of Revenue Percent of Total Revenue
Contributions $392,322
55.2%
Program Services $318,640
44.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $752,308
Total Liabilities $83,307
Net Assets $669,001
Compensation
Key Employees and Officers Compensation Related Other
Mike Stokey (Director) $0 $0 $0
Steve Stokey (Immediate Past President) $0 $0 $0
Steve Boyer (Director) $0 $0 $0
Gary Lake (Director) $0 $0 $0
Don Tripler (Director) $0 $0 $0
Bret Tayne (Director, 2 Nd Vice President) $0 $0 $0
Thomas Naegelin (Director) $0 $0 $0
Jeff Major (Director) $0 $0 $0
Thomas Haag (Director) $0 $0 $0
Michael Grantham (Director, Vice President) $0 $0 $0
Johan Israelsson (Director) $0 $0 $0
Brent Williams (Director) $0 $0 $0
Phil Kurtz (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$697,334
Expenses
$569,013
Net Income
$128,321
Net Assets
$571,661
Notable Sources of Revenue Percent of Total Revenue
Contributions $386,684
55.5%
Program Services $310,650
44.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $650,260
Total Liabilities $78,599
Net Assets $571,661

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$835,887
Expenses
$767,732
Net Income
$68,155
Net Assets
$443,340
Notable Sources of Revenue Percent of Total Revenue
Contributions $388,213
46.4%
Program Services $447,674
53.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $542,603
Total Liabilities $99,263
Net Assets $443,340

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$645,431
Expenses
$561,987
Net Income
$83,444
Net Assets
$375,185
Notable Sources of Revenue Percent of Total Revenue
Contributions $365,254
56.6%
Program Services $280,177
43.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $460,285
Total Liabilities $85,100
Net Assets $375,185

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$646,072
Expenses
$620,377
Net Income
$25,695
Net Assets
$291,741
Notable Sources of Revenue Percent of Total Revenue
Contributions $360,571
55.8%
Program Services $285,501
44.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $405,575
Total Liabilities $113,834
Net Assets $291,741

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$481,966
Expenses
$424,253
Net Income
$57,713
Net Assets
$266,046
Notable Sources of Revenue Percent of Total Revenue
Contributions $329,134
68.3%
Program Services $152,701
31.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $131
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $329,039
Total Liabilities $62,993
Net Assets $266,046

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$603,396
Expenses
$570,077
Net Income
$33,319
Net Assets
$208,333
Notable Sources of Revenue Percent of Total Revenue
Contributions $306,685
50.8%
Program Services $296,711
49.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $305,651
Total Liabilities $97,318
Net Assets $208,333

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$416,950
Expenses
$417,404
Net Income
-$454
Net Assets
$175,014
Notable Sources of Revenue Percent of Total Revenue
Contributions $281,307
67.5%
Program Services $135,643
32.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $204,938
Total Liabilities $29,924
Net Assets $175,014

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$485,415
Expenses
$463,907
Net Income
$21,508
Net Assets
$175,468
Notable Sources of Revenue Percent of Total Revenue
Contributions $262,994
54.2%
Program Services $222,240
45.8%
Investment Income $181
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $196,543
Total Liabilities $21,075
Net Assets $175,468

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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