Wv Three Rivers Festival Inc is located in Fairmont, WV. The organization was established in 1992. 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. WV Three Rivers 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 06/2024, WV Three Rivers Festival Inc generated $64.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $66.4k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
HELD ANNUAL FESTIVAL IN FAIRMONT, WV INCLUDING A PARADE, CARNIVAL, VARIOUS PAGEANTS, FIREWORKS DISPLAYS AND OTHER ENTERTAINMENT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Swearingen President | 1 | $0 | |
Sam Patsy Treasurer | 1 | $0 | |
Angela Patsy Board Member | 1 | $1,500 | |
Jay Rogers Board Member | 1 | $0 | |
Sharon Swearingen Board Member | 2 | $0 | |
Bill Bickerstaff Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,115 |
| Total Program Service Revenue | $24,937 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,052 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,500 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $64,855 |
| Total expenses | $66,355 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,267 |
| Other assets | $0 |
| Total assets | $66,267 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,267 |