Kokomo Festivals Inc
- Assets
- $62.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kokomo, IN
- Founding
- 01/1998
- Data as of
- 12/2023
- EIN
- 35-1997808
Organization Overview
Kokomo Festivals Inc is located in Kokomo, IN. The organization was established in 1998. 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 the central organization for a national or regional group of organizations. Kokomo Festivals 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 12/2023, Kokomo Festivals Inc generated $120.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $138.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
ORCHESTRATE A SUMMER FESTIVAL SHOWCASING KOKOMO'S AUTOMOTIVE HERITAGE AND EDUCATE GENERAL PUBLIC CONCERNING SAID HERITAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Wyman President | 2 | $0 | |
Dave White Director | 0 | $0 | |
Mark Waldron Director | 0 | $0 | |
Toni Brock Director | 0 | $0 | |
Noel Younce Director | 0 | $0 | |
Sandi Baldwin Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,248 |
| Total Program Service Revenue | $57,595 |
| Membership dues | $0 |
| Investment income | $188 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,031 |
| 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 | $28,856 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $109,486 |
| Total expenses | $138,342 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,748 |
| Other assets | $0 |
| Total assets | $62,248 |
| Total liabilities | $0 |
| Net assets or fund balances | $62,248 |