Morgan County Sorghum Festival Inc
- Assets
- $14.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Liberty, KY
- Founding
- 04/2010
- Data as of
- 12/2023
- EIN
- 61-1376227
Organization Overview
Morgan County Sorghum Festival Inc is located in West Liberty, KY. The organization was established in 2010. According to its NTEE Classification (A27) the organization is classified as: Community Celebrations, 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. Morgan County Sorghum 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 12/2023, Morgan County Sorghum Festival Inc generated $159.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $153.1k during the year ending 12/2023. While expenses have increased by 9.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
PROMOTION OF COUNTY SORGHUM FESTIVAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Belinda Jordan President | 2 | $0 | |
Leslie Lindon Secretary | 2 | $0 | |
Ashley Lykins Treasurer | 2 | $0 | |
Leona Cantrell Director | 2 | $0 | |
Henrietta Mckinny Director | 2 | $0 | |
Judy Townsend Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $159,626 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $159,626 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $2,306 |
| Printing, publications, postage, and shipping | $177 |
| Other expenses | $150,618 |
| Total expenses | $153,101 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,850 |
| Other assets | $0 |
| Total assets | $14,850 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,850 |
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