Helotes Festival Association Inc
- Assets
- $1.5m
- Revenue
- $166.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Helotes, TX
- Founding
- 03/1985
- Data as of
- 08/2021
- EIN
- 74-2329384
Organization Overview
Helotes Festival Association Inc is located in Helotes, TX. The organization was established in 1985. 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. Helotes Festival Association 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 08/2021, Helotes Festival Association Inc generated $166.3k 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 (8.4%) each year. All expenses for the organization totaled $134.9k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 6 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
THE HELOTES FESTIVAL ASSOCIATION, INC. PROMOTES COMMUNITY GOODWILL AND PRESERVES THE HERITAGE OF HELOTES, TX.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HELOTES FESTIVAL ASSOCIATION, INC. PROMOTES COMMUNITY GOODWILL AND PRESERVES THE HERITAGE OF THE HELOTES AREA THROUGH EDUCATIONAL GRANTS TO STUDENTS, GRANTS TO NON-PROFIT CHARITABLE ORGANIZATIONS, YOUTH ORGANIZATIONS, EDUCATION ORGANIZATIONS, RELIGIOUS ORGANIZATIONS, REPRESENTATION OF THE HELOTES AREA IN NEIGHBORING COMMUNITY EVENTS AND PROVIDING FACILITIES FOR EVENTS THAT PROMOTE THEIR EXEMPT FUNCTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Gray President | Officer | 40 | $0 |
Bert Buys Vice President | Officer | 40 | $0 |
Rebecca Pick Secretary | Officer | 10 | $0 |
Monique Reardon Treasurer | Officer | 10 | $0 |
Jennifer Nowlin Director | Trustee | 20 | $0 |
Bryce Noah Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $600 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,600 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,471 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $82,345 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $166,349 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,993 |
| Grants and other assistance to domestic individuals. | $6,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $537 |
| 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 | $1,000 |
| Interest | $9,121 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,517 |
| Insurance | $26,578 |
| All other expenses | $2,090 |
| Total functional expenses | $134,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,897 |
| Savings and temporary cash investments | $33,146 |
| 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 | $10,374 |
| Net Land, buildings, and equipment | $1,308,639 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,104 |
| Other assets | $0 |
| Total assets | $1,496,160 |
| Accounts payable and accrued expenses | $7,494 |
| 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 | $229,732 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $237,226 |
| Net assets without donor restrictions | $1,258,934 |
| 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 | $1,496,160 |
Grants Awarded
Over the last fiscal year, Helotes Festival Association Inc has awarded $17,956 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
San Antonio, TX | | $6,556 |
Helotes, TX | | $5,900 |
San Antonio, TX | | $5,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Livestock Show & Rodeo Inc Houston, TX | $373,631,947 | $77,585,862 |
State Fair Of Texas Dallas, TX | $104,850,223 | $80,726,809 |
San Antonio Livestock Exposition Inc San Antonio, TX | $39,007,333 | $12,434,499 |
Houston Livestock Show And Rodeo Educational Fund Houston, TX | $117,451,664 | $14,021,217 |
Earth Day Texas Inc Dallas, TX | $1,234,061 | $10,432,701 |
Bell County Expo Inc Belton, TX | $3,987,483 | $11,578,565 |
Albuquerque International Balloon Fiesta Inc Albuquerque, NM | $13,518,280 | $13,246,865 |
Gentilly Carnival Club Jefferson, LA | $3,366,886 | $4,740,044 |
Expo Center Of Taylor County Abilene, TX | $1,469,726 | $5,612,899 |
Arkansas Livestock Show Assoc Little Rock, AR | $4,870,203 | $5,931,539 |
Fairfield Village Community Inc Houston, TX | $4,878,144 | $5,460,075 |
International Association Of Venue Managers Inc Coppell, TX | $4,566,324 | $3,596,917 |