James Whitcomb Riley Festival Association Inc is located in Greenfield, IN. The organization was established in 1988. 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. James Whitcomb Riley Festival Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2020, James Whitcomb Riley Festival Association Inc generated $32.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (34.9%) each year. All expenses for the organization totaled $53.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (26.6%) per year over the past 4 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
2020
Describe the Organization's Program Activity:
Part 3
TO PROMOTE GREENFIELD AND SURROUNDING HANCOCK COUNTY, IN THE STATE OF INDIANA. WE PROVIDE A FESTIVAL THAT PROMOTES OUR TOWN AND OUR PEOPLE OF GREENFIELD AND SURROUNDING COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anthony Scott President | 0 | $0 | |
Anita Turner Vice President | 0 | $0 | |
Nancy Alldredge Secretary | 0 | $0 | |
Dave Berard Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,391 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1,255 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $21,312 |
Other Revenue | $0 |
Total Revenue | $31,958 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $8,514 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $8,750 |
Printing, publications, postage, and shipping | $54 |
Other expenses | $35,648 |
Total expenses | $52,966 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $162,631 |
Other assets | $0 |
Total assets | $180,258 |
Total liabilities | $0 |
Net assets or fund balances | $180,258 |