West Virginia Motorcar Festival Inc
- Assets
- $28.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charleston, WV
- Founding
- 09/2012
- Data as of
- 12/2022
- EIN
- 27-4265493
Organization Overview
West Virginia Motorcar Festival Inc is located in Charleston, WV. 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. West Virginia Motorcar 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 12/2022, West Virginia Motorcar Festival Inc generated $129.7k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $139.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
SERVING THE PUBLIC AS A VENUE FOR SHARING INFORMATION ABOUT THE HISTORY AND SCIENCE OF THE AUTOMOTIVE INDUSTRY THROUGH EDUCATIONAL SESSIONS DEMONSTRATIONS ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Jarvis President Director | 40 | $0 | |
Lloyd Mcintyre Vice President Treasurer Director | 30 | $0 | |
Randy Damron Director | 10 | $0 | |
Jason Rutledge Director | 15 | $0 | |
Kenny Wells Director | 8 | $0 | |
Ed Webb Director | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,260 |
| Total Program Service Revenue | $20,651 |
| Membership dues | $0 |
| Investment income | $156 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $13,648 |
| Total Revenue | $129,715 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $1,500 |
| Printing, publications, postage, and shipping | $6,851 |
| Other expenses | $130,756 |
| Total expenses | $139,107 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,355 |
| Other assets | $0 |
| Total assets | $28,355 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,355 |