Inter-Mountain Fair Heritage Foundation is located in Mcarthur, CA. The organization was established in 2010. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Inter-Mountain Fair Heritage Foundation employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inter-Mountain Fair Heritage Foundation 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 12/2021, Inter-Mountain Fair Heritage Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 71.9% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 50.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS SPECIFICALLY FOR THE SHASTA COUNTY FAIRGROUND AND PROMOTE THE FAIR WITH THE GOAL OF PRESERVING THE PAST AND ENRICHING THE FUTURE.
Describe the Organization's Program Activity:
THE FOUNDATION RAISES MONEY FOR THE INTERMOUNTAIN FAIR OF SHASTA COUNTY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elena Albaugh Director | Trustee | 20 | $0 |
Jessica Decoito Secretary | OfficerTrustee | 20 | $0 |
Beau Norris Director | Trustee | 10 | $0 |
Carol Buckman Treasurer | OfficerTrustee | 20 | $0 |
Randall Harr Director | Trustee | 20 | $0 |
Brent Cassity 2nd Vice Pres | OfficerTrustee | 20 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $536,628 |
| Investment income | $543 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $13,419 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,502 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,925,280 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $83,848 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,308 |
| Payroll taxes | $11,830 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,435 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,695 |
| Office expenses | $7,916 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,287 |
| Insurance | $13,466 |
| All other expenses | $0 |
| Total functional expenses | $1,395,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,455,031 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,732,639 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,265 |
| Total liabilities | $9,265 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,723,374 |