First City Of Lights Foundation is located in Bemidji, MN. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First City Of Lights 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 12/2022, First City Of Lights Foundation generated $49.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $46.2k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE A HOLIDAY LIGHTS FESTIVAL IN THE CITY OF BEMIDJI
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Kummet President | 1 | $0 | |
John Kopet Vice President | 1 | $0 | |
Char Blashill Treasurer | 1 | $0 | |
Karen Kopet Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,508 |
| Total Program Service Revenue | $1,745 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,253 |
| 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 | $390 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45,762 |
| Total expenses | $46,152 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,626 |
| Other assets | $0 |
| Total assets | $22,318 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,318 |