Light The Hoan Inc
- Assets
- $513.6k
- Revenue
- $739.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Milwaukee, WI
- Founding
- Data as of
- 12/2023
- EIN
- 86-3974607
Organization Overview
Light The Hoan Inc is located in Milwaukee, WI. According to its NTEE Classification (A27) the organization is classified as: Community Celebrations, 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. Light The Hoan 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, Light The Hoan Inc generated $739.4k in total revenue. All expenses for the organization totaled $259.4k during the year ending 12/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF CULTURE AND EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE APPRECIATION FOR CULTURE AND HISTORY AND TO CREATE EDUCATION OPPORTUNITIES IN THE FIELDS OF SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika Smith Executive Director | Trustee | 40 | $84,376 |
Jhawn Newman Director | Trustee | 1 | $0 |
Greg Marshall Secretary | Officer | 1 | $0 |
Michael Hostad President | Officer | 8 | $0 |
Ian Abston Vice President | Officer | 3 | $0 |
Lori Richards Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,696 |
| Related organizations | $0 |
| Government grants | $22,274 |
| All other contributions, gifts, grants, and similar amounts not included above | $476,092 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $507,062 |
| Total Program Service Revenue | $223,586 |
| Investment income | $8,763 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $739,411 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,412 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $84,376 |
| Compensation of current officers, directors, key employees. | $40,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,455 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,804 |
| Advertising and promotion | $57,726 |
| Office expenses | $15,781 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,462 |
| Travel | $368 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,666 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $259,437 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,132 |
| Savings and temporary cash investments | $466,515 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $513,647 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $457 |
| Total liabilities | $457 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $513,190 |
| Total liabilities and net assets/fund balances | $513,647 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rattle The World Inc Brookfield, WI | $3,181 | $314,701 |
Des Moines County Fair Association Burlington, IA | $84,500 | $0 |
Belle Plaine Festivals And Events Inc Belle Plaine, MN | $210,508 | $326,383 |
Light The Hoan Inc Milwaukee, WI | $513,647 | $739,411 |
Mt Vernon Festivals Inc Mount Vernon, IL | $58,574 | $0 |
Lunart Inc Middleton, WI | $75,588 | $0 |
Elk Rapids Harbor Days Association Elk Rapids, MI | $60,111 | $0 |
United Mongol Glenview, IL | $2,282 | $0 |
Up200 Marquette, MI | $114,638 | $0 |
Turning Back Time Car Club Sycamore, IL | $48,141 | $31,400 |
Centralia Juneteenth Centralia, IL | $0 | $0 |
Burnsville Fire Muster And Community Celebration Burnsville, MN | $29,263 | $0 |