Mountain State Art & Craft Fair Inc
- Assets
- $121.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Ripley, WV
- Founding
- 06/1966
- Data as of
- 12/2021
- EIN
- 55-6021971
Organization Overview
Mountain State Art & Craft Fair Inc is located in Ripley, WV. The organization was established in 1966. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Mountain State Art & Craft Fair Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain State Art & Craft Fair 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, Mountain State Art & Craft Fair Inc generated $115.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $139.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
HELD THE 59TH ANNUAL MOUNTAIN STATE ART AND CRAFT FAIR ATTRACTING 91 LOCAL ARTISANS THAT COMBINED TO SALE MORE THAN $121,000 IN LOCAL HAND MADE ITEMS. THE FAIR HAD NEARLY 8,900 VISITORS OVER 3 DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Rubin Vice President | 15 | $0 | |
Brian Moore Vice President | 15 | $0 | |
Debra Gard Vice President | 15 | $0 | |
Keri Kennedy Treasurer | 15 | $0 | |
Jean Smith President | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,882 |
| Total Program Service Revenue | $85,567 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,453 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,300 |
| Professional fees and other payments to independent contractors | $65,654 |
| Occupancy, rent, utilities, and maintenance | $20,000 |
| Printing, publications, postage, and shipping | $119 |
| Other expenses | $35,636 |
| Total expenses | $139,709 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,797 |
| Other assets | $0 |
| Total assets | $121,411 |
| Total liabilities | $0 |
| Net assets or fund balances | $121,411 |
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