Somersworth Festival Association
- Assets
- $72.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somersworth, NH
- Founding
- 06/1984
- Data as of
- 12/2021
- EIN
- 02-0368054
Organization Overview
Somersworth Festival Association is located in Somersworth, NH. The organization was established in 1984. 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. Somersworth Festival Association 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 12/2021, Somersworth Festival Association generated $70.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $44.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Soucy Executive Director | 36 | $26,225 | |
Donald Houde President | 1 | $0 | |
Dina Gagnon Vice President | 1 | $0 | |
Julie Robbins Secretary | 1 | $0 | |
Lindsey Gagnon Treasurer | 2 | $0 | |
Suzanne Gregoire Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,397 |
| Total Program Service Revenue | $7,875 |
| Membership dues | $0 |
| Investment income | $46 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $51,494 |
| Other Revenue | $0 |
| Total Revenue | $70,812 |
| 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 | $26,225 |
| Occupancy, rent, utilities, and maintenance | $7,468 |
| Printing, publications, postage, and shipping | $1,629 |
| Other expenses | $9,433 |
| Total expenses | $44,755 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,358 |
| Other assets | $0 |
| Total assets | $72,313 |
| Total liabilities | $632 |
| Net assets or fund balances | $71,681 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Somersworth Festival Association has recieved totaling $20.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
West Oxford Agricultural Society Fryeburg, ME | $3,979,496 | $4,490,568 |
Massachusetts Corrections Officers Federated Union Milford, MA | $5,016,192 | $3,161,226 |
Deerfield Fair Association Inc Deerfield, NH | $6,809,615 | $2,535,267 |
New England Fuel Institute Inc Wilmington, MA | $718,912 | $1,881,576 |
Champlain Valley Exposition Inc Essex Junction, VT | $5,539,435 | $1,655,626 |
Hampshire Franklin And Hampden Agricultural Soc Northampton, MA | $5,535,484 | $2,024,301 |
Cumberland Farmers Club Cumberland, ME | $956,896 | $1,350,925 |
Windsor Fair Farmingdale, ME | $1,008,350 | $1,471,535 |
Skowhegan State Fair Skowhegan, ME | $6,125,875 | $1,549,917 |
Hopkinton State Fair Association Contoocook, NH | $1,258,390 | $1,344,000 |
Coos & Essex Agricultural Society Lancaster, NH | $613,019 | $668,577 |
Addison County Fair And Field Days Inc Middlebury, VT | $2,195,433 | $650,010 |