Astoria Regatta Association is located in Astoria, OR. The organization was established in 1992. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, 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. Astoria Regatta Association 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 12/2022, Astoria Regatta Association generated $61.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $50.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 years. 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
PROMOTE AND CONDUCT ANNUAL ASTORIA REGATTA FESTIVAL AND PRESERVE ITS HISTORY, EDUCATE CITIZENS ABOUT ECONOMIC IMPACT OF FESTIVALS, TOURISM AND OTHER SOCIAL PUBLIC EVENTS THAT AFFECT CLATSOP COUNTY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Grothe President | 10 | $0 | |
Amber Hill Vice President | 2 | $0 | |
Erik Thorsen Immediate Past President | 1 | $0 | |
Hillary Danner Treasurer | 3 | $0 | |
Michelle Murray Secretary | 3 | $0 | |
Paul Winiarz Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,641 |
| Total Program Service Revenue | $5,149 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,791 |
| 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 | $23,897 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,977 |
| Other expenses | $24,746 |
| Total expenses | $50,620 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,625 |
| Other assets | $0 |
| Total assets | $60,077 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,077 |