Corvallis Fall Festival Inc is located in Corvallis, OR. The organization was established in 1995. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corvallis Fall Festival 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 11/2023, Corvallis Fall Festival Inc generated $144.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $129.1k during the year ending 11/2023. While expenses have increased by 4.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
ARTS AND CRAFTS FESTIVAL. SERVED 20,000 PEOPLE OVER A TWO DAY PERIOD.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Inge King Board Member | 1 | $0 | |
Nancy Swain Board Member | 1 | $0 | |
Dru Marchbanks Board Member | 1 | $0 | |
Malinda Choitz Board Member | 1 | $0 | |
Marvin Jack Board Member | 2 | $0 | |
Donna Cooper Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,050 |
| Total Program Service Revenue | $125,593 |
| Membership dues | $0 |
| Investment income | $46 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,500 |
| Total Revenue | $144,232 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,235 |
| Professional fees and other payments to independent contractors | $3,769 |
| Occupancy, rent, utilities, and maintenance | $7,608 |
| Printing, publications, postage, and shipping | $115 |
| Other expenses | $77,407 |
| Total expenses | $129,134 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,365 |
| Other assets | $0 |
| Total assets | $122,220 |
| Total liabilities | $527 |
| Net assets or fund balances | $121,693 |