Norfolk Nato Festival Inc
- Assets
- $0.0
- Revenue
- $222.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Norfolk, VA
- Founding
- Data as of
- 06/2017
- EIN
- 54-1580182
Organization Overview
Norfolk Nato Festival Inc is located in Norfolk, VA. As of 06/2017, Norfolk Nato Festival Inc employed 4 individuals. Norfolk Nato Festival 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 06/2017, Norfolk Nato Festival Inc generated $222.6k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $181.7k during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 2 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO HONOR AND PROMOTE THE INTERNATIONAL INFLUENCE THE NATO COMMAND IN NORFOLK, VIRGINIA AND ITS 28 MEMBER NATIONS BRING TO THE CITY. THE ORGANIZATION OFFERS FESTIVAL EVENTS THAT INCLUDE EDUCATION PROGRAMS FOR CHILDREN, CULTURAL EVENTS TO ENGAGE THE COMMUNITY, AND OPPORTUNITIES TO EMPOWER INDUSTRIES IN THE HAMPTON ROADS, VIRGINIA AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORFOLK NATO FESTIVAL, INC. HOLDS A NUMBER OF CULTURAL EVENTS HONORING AND PROMOTING THE NATO COMMUNITY IN NORFOLK, VA. EVENTS INCLUDE THE NATO FLAG RAISING CEREMONY, ANNUAL PARADE OF NATIONS, NATOFEST, MAYOR'S RECEPTION, ZOO DAY, INDUSTRY ENGAGES NATO SYMPOSIUM, NATO NIGHT WITH THE NORFOLK TIDES AND NATO IN THE NORFOLK BOTANICAL GARDEN.
EDUCATIONAL PROGRAMS - NORFOLK NATO FESTIVAL, INC. CONDUCTS VARIOUS EDUCATIONAL PROGRAMS FOR LOCAL HIGH SCHOOL STUDENTS AND NORFOLK PUBLIC SCHOOL STUDENTS. ALL NORFOLK PUBLIC HIGH SCHOOL STUDENTS AND LOCAL HIGH SCHOOL STUDENTS ARE INVITED TO APPLY FOR THE MODEL NATO CHALLENGE, A SCHOLARSHIP COMPETITION WHICH AWARDS SCHOLARSHIPS TO THE TOP SIX FINALISTS. THE YOUTH AMBASSADOR PROGRAM FACILITATES COMMUNITY SERVICE OPPORTUNITIES FOR DEPENDENT CHILDREN (14 - 18 YEARS OLD) OF NATO PERSONNEL WHILE SATISFYING DIPLOMA AND UNIVERSITY APPLICATION REQUIREMENTS. NNF ALSO WORKS CLOSELY WITH THE ACADEMY OF INTERNATIONAL STUDIES AT ROSEMONT IN NORFOLK TO PROVIDE GUEST SPEAKERS FROM THE NATO COMMAND,PRESENTING INFORMATION ABOUT THEIR COUNTRIES, CULTURES, AND MILITARY ORGANIZATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Maisey Chairman | OfficerTrustee | $0 | |
David White Vice Chairma | OfficerTrustee | $0 | |
Yvonne Allmond Immed Past C | OfficerTrustee | $0 | |
Simon Scott Treasurer | OfficerTrustee | $0 | |
Katharine Brekke Powers Secretary | OfficerTrustee | $0 | |
Dawn Merkle Executive Co | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $179,226 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,914 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $204,140 |
| Total Program Service Revenue | $18,502 |
| Investment income | $6 |
| 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 | $222,648 |
| 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 | $24,882 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,553 |
| Fees for services: Management | $15,606 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,480 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,613 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $11,791 |
| All other expenses | $33,261 |
| Total functional expenses | $181,743 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |