Fairhope Arts & Crafts Festival Foundation
- Assets
- $244.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairhope, AL
- Founding
- 03/2017
- Data as of
- 06/2023
- EIN
- 81-2732497
Organization Overview
Fairhope Arts & Crafts Festival Foundation is located in Fairhope, AL. The organization was established in 2017. 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. Fairhope Arts & Crafts Festival Foundation 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 06/2023, Fairhope Arts & Crafts Festival Foundation generated $170.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $127.6k during the year ending 06/2023. 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
ENGAGING IN CHARITABLE AND EDUCATIONAL ACTIVITIES IN FAIRHOPE, ALABAMA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura English President | 2 | $0 | |
Dianne Herzog Secretary | 1 | $0 | |
Lee Teumer Treasurer | 2 | $0 | |
Richard Lewis Board Member | 1 | $0 | |
Jodi Keating Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,711 |
| Total Program Service Revenue | $131,975 |
| Membership dues | $0 |
| Investment income | $1,779 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $170,465 |
| 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 | $5,438 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $6,866 |
| Other expenses | $62,816 |
| Total expenses | $127,620 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $244,270 |
| Other assets | $0 |
| Total assets | $244,270 |
| Total liabilities | $0 |
| Net assets or fund balances | $244,270 |