Pennypack Park Festival Inc is located in Southampton, PA. The organization was established in 1989. 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. Pennypack Park 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 12/2023, Pennypack Park Festival Inc generated $40.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $48.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
THE CORPORATION SHALL PROMOTE THE DEVELOPMENT OFPERFORMING ARTISTS IN THE COMMUNITY HIGH SCHOOLS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman Jadczak President | 3 | $0 | |
Steve Hartzell Vice President | 2 | $0 | |
Lonnie Goldner Treasurer | 2 | $0 | |
Jerry Lathrop Secretary | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $39,012 |
| Membership dues | $0 |
| Investment income | $1,030 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,042 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $4,615 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,066 |
| Total expenses | $48,181 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,391 |
| Other assets | $0 |
| Total assets | $60,734 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,734 |