Wausau Events Inc
- Assets
- $276.4k
- Revenue
- $331.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Wausau, WI
- Founding
- 06/1988
- Data as of
- 12/2021
- EIN
- 39-1612386
Organization Overview
Wausau Events Inc is located in Wausau, WI. 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. As of 12/2021, Wausau Events Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wausau Events 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 12/2021, Wausau Events Inc generated $331.0k 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 (5.5%) each year. All expenses for the organization totaled $291.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WAUSAU EVENTS' MISSION IS TO ENHANCE QUALITY OF LIFE AND CREATE A SENSE OF COMMUNITY THROUGH HOSTING LOCAL COMMUNITY EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WAUSAU AREA EVENTS CONDUCTED APPROXIMATED 20 EVENTS FOR THE ENJOYMENT OF THE COMMUNITY INCLUDING CONCERTS ON THE SQUARE, BLUESFEST, CHALKFEST, HARVESTFEST, WINTERFEST, AND CHRISTMAS PARADE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alissandra Aderholdt Executive Director | OfficerTrustee | 40 | $24,231 |
Lindsey Lewitzke Director | Trustee | 1 | $10,500 |
Maryanne Groat Treasurer | OfficerTrustee | 1 | $0 |
Amanda Ley President | OfficerTrustee | 1 | $0 |
Terry Geurink Secretary | OfficerTrustee | 1 | $0 |
Pete Valisk Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $91,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $108,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $200,100 |
| Total Program Service Revenue | $130,915 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $331,022 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $34,731 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,657 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $116,265 |
| Advertising and promotion | $14,230 |
| Office expenses | $75,066 |
| Information technology | $4,884 |
| Royalties | $0 |
| Occupancy | $8,280 |
| Travel | $611 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,020 |
| All other expenses | $0 |
| Total functional expenses | $291,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,806 |
| Savings and temporary cash investments | $72,467 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,150 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $276,423 |
| Accounts payable and accrued expenses | $3,023 |
| Grants payable | $0 |
| Deferred revenue | $5,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,023 |
| Net assets without donor restrictions | $268,400 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $276,423 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Wausau Events Inc has recieved totaling $37,237.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of North Central Wisconsin Inc Wausau, WI PURPOSE: FESTIVALS AND SPECIAL EVENTS | $27,720 |
Covantage Credit Union Antigo, WI PURPOSE: GENERAL SUPPORT | $9,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $17 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa West Foundation Council Bluffs, IA | $531,828,155 | $56,969,163 |
Iowa State Fair Foundation Des Moines, IA | $11,002,682 | $8,403,117 |
Fair And Exposition Society Of Jones County Inc Monticello, IA | $5,659,527 | $5,307,608 |
The Parade Company Detroit, MI | $3,309,193 | $3,267,080 |
Minnesota Fair Plan Bloomington, MN | $3,079,043 | $3,023,700 |
Kane County Fair St Charles, IL | $21,061,651 | $1,916,331 |
Monroe County Fair Association Monroe, MI | $6,321,386 | $2,036,000 |
Minnesota Propane Association Zimmerman, MN | $1,583,838 | $1,664,231 |
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 |