Berea Labor Day Oktoberfest Inc is located in Westlake, OH. The organization was established in 2005. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Berea Labor Day Oktoberfest 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 12/2021, Berea Labor Day Oktoberfest Inc generated $7.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (36.3%) each year. All expenses for the organization totaled $16.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Berea Labor Day Oktoberfest Inc has awarded 28 individual grants totaling $525,427. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CULTURAL COMMUNITY OKTOBERFEST FUNDRAISING EVENT IN SUPPORT OF COMMUNITY SERVICE AND CIVIC NON PROFIT ORGANIZATIONS INCLUDING SPECIAL NEEDS CHILDREN AND YOUTH GROUPS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Nagel President | 1 | $0 | |
Laurie Haberstro Treasurer | 1 | $0 | |
Laurie Cadwallader Secretary | 1 | $0 | |
Phyllis Glaeser Director | 1 | $0 | |
Howard Lutz Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,398 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$33,143 |
| Other Revenue | $0 |
| Total Revenue | $7,255 |
| 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 | $1,676 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,293 |
| Total expenses | $16,069 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $22,900 |
| Net assets or fund balances | -$22,900 |
Over the last fiscal year, Berea Labor Day Oktoberfest Inc has awarded $77,172 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MCE CLEVLAND BOOSTERS | | | $13,300 |
TOLEDO HOLZHACKERBUAM | | | $11,000 |
TANZ UND SPIELKREIS | | | $6,350 |
SEE SCH I PART IV FOR ADDITIONAL | | | $46,522 |