New Years Fest Of Kalamazoo Inc
- Assets
- $35.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kalamazoo, MI
- Founding
- 10/1986
- Data as of
- 03/2023
- EIN
- 38-2680407
Organization Overview
New Years Fest Of Kalamazoo Inc is located in Kalamazoo, MI. The organization was established in 1986. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Years Fest Of Kalamazoo 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 03/2023, New Years Fest Of Kalamazoo Inc generated $82.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $85.3k during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
TO PRESENT A MEMORABLE COMMUNITY FESTIVAL CELEBRATION THAT SHOWCASES THE PERFORMING ARTS THROUGH AN ARRAY OF SHORT PERFORMANCES THAT ARE REPEATED THROUGHOUT THE EVENING OF NEW YEAR'S EVE IN DOWNTOWN KALAMAZOO. WORKING WITH THE ARTS COMMUNITY AND BRONSON PARK CHURCHES, NEW YEAR'S FEST IS COMMITTED TO PROVIDING AN EVENT THAT IS FAMILY FOCUSED CELEBRATING THE CULTURAL ARTS IN KALAMAZOO COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Potter President | 1 | $0 | |
Dave Overton Vice Preside | 0.5 | $0 | |
Steve Ellis Secretary | 0.5 | $0 | |
Brenda Keelan Treasurer | 0.5 | $0 | |
Dan Bunker Member | 0.5 | $0 | |
Chris Shook Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,900 |
| Total Program Service Revenue | $20,407 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,307 |
| 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 | $60,622 |
| Occupancy, rent, utilities, and maintenance | $11,677 |
| Printing, publications, postage, and shipping | $2,958 |
| Other expenses | $10,003 |
| Total expenses | $85,260 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,003 |
| Other assets | $0 |
| Total assets | $35,003 |
| Total liabilities | $20,377 |
| Net assets or fund balances | $14,626 |