Altoona Palooza Inc is located in Altoona, IA. The organization was established in 2012. 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. Altoona Palooza 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 12/2016, Altoona Palooza Inc generated $27.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (25.8%) each year. All expenses for the organization totaled $34.4k during the year ending 12/2016. 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
2016
Describe the Organization's Program Activity:
Part 3
ORGANIZING AND HOSTING COMMUNITY EVENTS FOR THE CITY OF ALTOONA, IA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Adam Mcroberts Chairman | 4 | $0 | |
Mary Simon Treasurer | 4 | $0 | |
Mattia Hansen Communications | 4 | $0 | |
Ann Moyna Secretary | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $12,850 |
Membership dues | $0 |
Investment income | $51 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $14,874 |
Total Revenue | $27,775 |
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 | $400 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $482 |
Other expenses | $33,019 |
Total expenses | $34,401 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $25,037 |
Other assets | $0 |
Total assets | $25,037 |
Total liabilities | $0 |
Net assets or fund balances | $25,037 |
Over the last fiscal year, we have identified 1 grants that Altoona Palooza Inc has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Prairie Meadows Race Track & Casino Inc Altoona, IA PURPOSE: 2019 Altoona Palooza | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
American Royal Association Kansas City, MO | $28,283,023 | $7,000,256 |
Lancaster County Agricultural Society Inc Lincoln, NE | $20,865,052 | $2,982,282 |
Fair And Exposition Society Of Jones County Inc Monticello, IA | $5,659,527 | $5,307,608 |
Minnesota Fair Plan Bloomington, MN | $3,079,043 | $3,023,700 |
Sioux Empire Fair Association Sioux Falls, SD | $1,938,315 | $2,671,698 |
Kane County Fair St Charles, IL | $21,061,651 | $1,916,331 |
Minnesota Propane Association Zimmerman, MN | $1,583,838 | $1,664,231 |
Sheboygan County Fair Association Plymouth, WI | $2,297,030 | $1,962,294 |
Kenosha County Fair Association Inc Wilmot, WI | $2,247,686 | $1,814,776 |
German Fest Milwaukee Inc Menomonee Falls, WI | $1,157,824 | $1,461,133 |
Lake County Fair Association Grayslake, IL | $27,796,345 | $1,095,277 |
Walworth County Agricultural Society Elkhorn, WI | $2,948,383 | $904,049 |