Lilac Festival Inc
- Assets
- $85.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, NY
- Founding
- 09/1992
- Data as of
- 12/2020
- EIN
- 16-1413971
Organization Overview
Lilac Festival Inc is located in Rochester, NY. The organization was established in 1992. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lilac Festival Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Lilac Festival Inc generated $1.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (42.7%) each year. All expenses for the organization totaled $38.2k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
PROMOTION AND SPONSORSHIP OF LILAC FESTIVAL ACTIVITIES AND GRANTS TO PARK WHERE FESTIVAL IS HELD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Jeffries Chair | 1 | $0 | |
Erin Kivel Secretary | 1 | $0 | |
Joseph Alessi Director | 1 | $0 | |
Kara Osipovitch Director | 1 | $0 | |
Greg Smith Director | 1 | $0 | |
Bill Gunther Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,700 |
| Total Revenue | $1,700 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,183 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $38,183 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85 |
| Other assets | $0 |
| Total assets | $85 |
| Total liabilities | $0 |
| Net assets or fund balances | $85 |