Black Gold Committee Inc
- Assets
- $27.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hazard, KY
- Founding
- 07/2002
- Data as of
- 12/2023
- EIN
- 75-3036575
Organization Overview
Black Gold Committee Inc is located in Hazard, KY. The organization was established in 2002. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Black Gold Committee 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, Black Gold Committee Inc generated $5.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (45.6%) each year. All expenses for the organization totaled $10.2k during the year ending 12/2023. 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
ANNUAL FESTIVAL HELD IN SOUTHEASTERN KENTUCKY PROMOTING REGIONAL CUSTOMS AND TRADITIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Feltner President | 10 | $0 | |
Danny Lowe Vice President | 10 | $0 | |
Susan Lowe Secretary | 10 | $0 | |
Teresa Chandler Officer | 1 | $0 | |
Bill Begley Officer | 1 | $0 | |
John Epperson Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,022 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$106,655 |
| Other Revenue | $0 |
| Total Revenue | $5,367 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $34 |
| Other expenses | $10,167 |
| Total expenses | $10,201 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,464 |
| Other assets | $0 |
| Total assets | $27,464 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,464 |