Earl Scruggs Music Festival Inc
- Assets
- $83.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shelby, NC
- Founding
- Data as of
- 12/2023
- EIN
- 85-3112873
Organization Overview
Earl Scruggs Music Festival Inc is located in Shelby, NC. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Earl Scruggs Music Festival 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 12/2023, Earl Scruggs Music Festival Inc generated $112.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $2.1k 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
2022 MUSIC FESTIVAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Beth Martin Director | 0 | $0 | |
Jt Scruggs Director And | 0 | $0 | |
Samuel L Blumenthal Director | 0 | $0 | |
Stephen Matheny Treasurer | 0 | $0 | |
John Condrey Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,000 |
| Total Program Service Revenue | $12,737 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,737 |
| 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 | $2,103 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $2,103 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,828 |
| Other assets | $0 |
| Total assets | $83,828 |
| Total liabilities | $1,050 |
| Net assets or fund balances | $82,778 |