Strawberry Festival Inc
- Assets
- $135.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Crawfordsville, IN
- Founding
- 05/1993
- Data as of
- 09/2022
- EIN
- 35-1836706
Organization Overview
Strawberry Festival Inc is located in Crawfordsville, IN. The organization was established in 1993. 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. Strawberry Festival 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 09/2022, Strawberry Festival Inc generated $96.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $89.2k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (11.0%) per year over the past 7 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
THIS IS A ONE TIME A YEAR, 3 DAY FOOD AND ENTERTAINMENT FESTIVAL, WITH OUR ONLY PROGRAM SERVICE TO CONDUCT AN ANNUAL FESTIVAL WHICH ENCOURAGES FUN AND FELLOWSHIP OF WITHIN OUR COMMUNITY, AS WELL AS PROVIDE A RESOURCE FOR LOCAL CHARITABLE ORGANIZATIONS TO MAKE MONEY. APPROXIMATELY 15,000 PEOPLE ATTEND THE THREE DAY EVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale L Petrie Treasurer | 5 | $0 | |
David S Long President | 5 | $0 | |
Brenda L Barton Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,950 |
| Total Program Service Revenue | $65,004 |
| Membership dues | $65 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $96,030 |
| 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 | $21,476 |
| Occupancy, rent, utilities, and maintenance | $11,518 |
| Printing, publications, postage, and shipping | $140 |
| Other expenses | $56,107 |
| Total expenses | $89,241 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,263 |
| Other assets | $0 |
| Total assets | $135,455 |
| Total liabilities | $0 |
| Net assets or fund balances | $135,455 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Royal Association Kansas City, MO | $28,283,023 | $7,000,256 |
500 Festival Inc Indianapolis, IN | $6,763,861 | $5,772,745 |
Kentucky Derby Festival Inc Louisville, KY | $6,625,289 | $3,844,478 |
Kane County Fair St Charles, IL | $21,061,651 | $1,916,331 |
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 |
Shawano Area Agricultural Society Inc Shawano, WI | $1,017,818 | $1,408,309 |
Southeast Missouri District Fair Association Inc Cape Girardeau, MO | $2,015,257 | $841,297 |
Lincoln County Fair Inc Troy, MO | $1,246,942 | $1,315,602 |